Saudi Billionaire Prince Negotiating Deal for His Release

Saudi Arabia’s billionaire Prince Alwaleed bin Talal, detained for more than 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 by Forbes magazine at $17 billion, is chairman and owner of international investment firm Kingdom Holding, and one of the country’s most prominent businessmen. “He offered a certain figure but...

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