Middle East

Saudi billionaire’s daughter tweets joy after his release

Author: AFPSun, 2018-01-28 03:00ID: 1517178910548016900

RIYADH: The daughter of Saudi billionaire Prince Al-Waleed bin Talal on Sunday tweeted a picture of her father, expressing happiness at his release from detention, in the first reaction from a family member.
“You’ve lit up the world, you are my world,” Reem bint Al-Waleed tweeted, posting a picture of her father sporting a beard.
Prince Al-Waleed, dubbed the Warren Buffett of Saudi Arabia, was the most high-profile detainee among 350 suspects rounded up since November 4, including business tycoons and ministers, who were held in Riyadh’s luxury Ritz-Carlton hotel.
Detained for nearly three months, he was released on Saturday after striking an undisclosed financial agreement with the authorities, a government source said.
“The attorney general this morning approved the settlement with Prince Al-Waleed bin Talal,” paving the way for his release, a government source told AFP on Saturday, without disclosing figures.
The prince is ranked among the richest people in the world, with Forbes once estimating his fortune to be worth $18.7 billion.

Main category: Saudi ArabiaTags: Saudi ArabiaPrince Alwaleed bin TalalReem bint Al-WaleedRitz-Carlton hotelrelated_nodes: Reuters: Saudi billionaire Prince Alwaleed bin Talal released, family sources saySaudi Arabia’s Kingdom soars on Alwaleed release, earnings hit SABICDetained Saudi billionaire Alwaleed confident his troubles will end soon

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Arab News

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