Saudi Arabia News
Arab’s Richest Prince Al-Waleed Bin Talal released
One of the World’s richest Arab Prince Al-Waleed Bin Talal has been released after 2 months of being detained in Saudi Arabia anti-corruption purge.
Al Waleed Bin Talal was released after a settlement with authorities from Riyadh’s Ritz-Carlton hotel said he supports the reform process launched by Crown Prince Muhammad Bin Salman, deputy premier and minister of defense.
More than 200 princes, politicians, and wealthy businessmen were detained in the crackdown.
Since then, they have been held in the Ritz Carlton hotel in Riyadh, which is due to reopen on 14 February.
Prince Alwaleed is the most high-profile detainee to have been released so far. Speaking to Reuters news agency before his release he said that no charges had been laid against him and expressed support for Crown Prince Mohammed bin Salman.
News related to Expatriates, Jobs, Real Estate, Insurance, Banking and more. Subscribe Us now! and Keep yourself updated.