Monday 19 February 2018
 
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Saudi billionaire

Saudi billionaire, media tycoon released in key graft deal

Two of Saudi Arabia’s richest businessmen were released after reaching an agreement to settle corruption allegations as the kingdom seeks to wrap up a crackdown that saw dozens of billionaires and princes locked up in the Ritz Carlton fo

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Prince Alwaleed to give $32bn to charity

Saudi Arabian billionaire Prince Alwaleed bin Talal, the chairman of Kingdom Holding, will donate $32 billion to charity in coming years via Alwaleed Philanthropies, he said on Wednesday. The sum represents his entire wealth, he t

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Saudi billionaire backs Citi reverse stock split

Saudi billionaire Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, chairman of Kingdom Holding Company (KHC) and the largest shareholder in Citigroup, has expressed his support for the company’s reverse stock split and reinstatement of its cas

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Alwaleed transfers $597m Citi shares to KHC

Saudi billionaire Prince Alwaleed bin Talal has transferred his shares in Citigroup worth SR2.24 billion ($597.3 million) to Kingdom Holding Company (KHC), in which he holds a 95-per cent stake, the company said on Tuesday. '

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