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Prince Alwaleed bin Talal

Saudi prosecutor begins investigations into corruption cases

Saudi Arabia's public prosecutor has begun investigating the corruption cases of princes, top officials and businessmen who were detained late last year, an official told a pan-Arab newspaper.

Forbes keeps Saudis off billionaires’ list after corruption purge

Forbes magazine said on Thursday it was excluding all Saudi Arabian tycoons from its annual list of the world’s richest people after dozens of top businessmen from the oil-rich-kingdom were detained in a crackdown on corruption last year.

Newly-freed Saudi Prince Alwaleed gives to football clubs

Saudi Arabian billionaire Prince Alwaleed bin Talal on Tuesday said he was answering a government call to support local football clubs.

Saudi Arabia seizes more than $100bn in anti-corruption settlements

Saudi Arabia's Attorney General Sheikh Saud al-Mojeb said that the kingdom has seized more than $100bn in anti-corruption settlements.

Saudi’s Prince Alwaleed released from detention

Saudi Arabian billionaire Prince Alwaleed bin Talal has been released from detention, family sources told Reuters.

Saudi Arabia ‘swaps assets for freedom’ after arrests

Saudi authorities are striking agreements with some of those detained in an alleged anti-corruption crackdown, asking them to hand over assets and cash in return for their freedom, according to sources familiar with the matter.

Saudi Arabia faces battle to repatriate assets after corruption crackdown

Saudi Arabia has announced it will confiscate money and assets held by dozens of top officials and businessmen detained in an anti-corruption crackdown.

US urges Saudi Arabia to be fair in prosecuting suspected corrupt officials

The U.S. State Department says it has urged Saudi Arabia to carry out any prosecution of officials detained in a sweeping crackdown on corruption in a “fair and transparent” manner.

Donald Trump praises Saudi purge and detentions in tweet

US President Donald Trump has praised Saudi Arabia's leaders after the dismissal of a number of senior ministers and the detention of princes, in what the kingdom is calling an anti-corruption investigation.

Saudi crown prince widens purge

An anti-corruption probe that has purged Saudi Arabian royals, ministers and businessmen appeared to be widening after the founder of one of the kingdom's biggest travel companies was reportedly detained.

11 Saudi princes accused of bribery, embezzlement, money laundering

An official has said that bribery, embezzlement, money laundering and abuse of power are among accusations leveled against 11 Saudi princes.

Saudi stocks drop after corruption probe detains businessmen, officials

Saudi Arabia’s stock market fell in early trade on Sunday after Crown Prince Mohammed bin Salman moved to consolidate his power and crack down on corruption with a cabinet reshuffle and a string of detentions of prominent figures.

Donald Trump urges Saudi Aramco listing in US

President Donald Trump has urged Saudi Arabia to list the state-owned oil giant Aramco in the United States stock exchange market.

Saudi billionaire to invest $800m in Egypt tourism

Saudi Arabian billionaire Prince Alwaleed bin Talal is to invest more than $800m in hotels in Egypt, the investment ministry in Cairo said on Monday.

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