RIYADH - Saudi Arabian billionaire Prince Alwaleed Bin Talal on Tuesday announced that he has taken 2.3% stake in Snap, the parent company of SnapChat, for a whopping $250 million. The prince has not bought all the shares in one go, rather it was a slow and steady process which completed in May ...

ISLAMABAD The Middle-East based taxi-hailing company is going to start a food delivery business in Pakistan and Middle East and in order to do so the company is in talks with investors to raise up to $150 million to launch the service. Started in 2012 with an aim to provide swift and comfortable ...

RIYADH – Saudi authorities are still holding royal family members, ministers, and top businessmen in detention, and are making more arrests months after the start of an anti-corruption crackdown, The Wall Street Journal (WSJ) reported. Many are also being held in maximum-security prisons and ...

*DUBAI/RIYADH: Saudi Arabian security forces said they had shot down a recreational drone in the capital on Saturday after online videos showing gunfire in a neighbourhood where royal palaces are located sparked fears of possible political unrest.* The Riyadh police spokesman, quoted by the ...

RIYADH - Saudi Prince Alwaleed bin Talal, the chairman of Kingdom Holding who spent nearly three months in detention in the kingdom’s anti-corruption campaign, told Bloomberg TV he had reached an agreement with the government for his release. The prince declined to disclose the details of his ...

Saudi Arabia’s government has arranged to seize over $100 billion in financial settlements with businessmen and officials detained in its crackdown on corruption, the attorney general said on Tuesday. “The estimated value of settlements currently stands at more than 400 billion riyals ...

RIYADH - A source close to MbS told Daily Mail that the Prince is still being closely watched and not really free, as he was released from detention on Saturday after he made an undisclosed financial settlement with the Saudi government. The source said the 63-year-old Prince, who is a nephew of ...

RIYADH – Saudi Arabian Prince Alwaleed bin Talal has been released from detention, family sources said on Saturday. The billionaire prince was taken into custody in the kingdom’s sweeping crackdown on corruption some two months ago. Family sources told Reuters that “he has he arrived ...

RIYADH – Saudi Arabian billionaire Prince Alwaleed bin Talal, detained in the kingdom’s sweeping crackdown on corruption, said on Saturday that he expected to be cleared of any wrongdoing and released from custody within days, with his vast assets intact. Prince Alwaleed was speaking in an ...

JEDDAH: Saudi Arabia’s billionaire Prince Alwaleed bin Talal, detained for over two months in an anti-corruption crackdown, is negotiating a possible settlement with authorities but so far has not agreed on terms, a senior Saudi official said. Prince Alwaleed, whose net worth has been estimated ...