Saudi billionaire prince to sell 16.87% of firm to sovereign fundThe sale by Prince Al-Waleed bin Talal of 625 million shares of the Riyadh-headquartered Kingdom Holding Company is worth roughly $1.5 bill...
22 May, 2022, 09.30 PM IST
Uber is said to seal $3.1 billion deal to buy Careem in daysCareem was valued at about $1 billion in a 2016 funding round, making it one of the most valuable technology startups in the Middle East.
25 Mar, 2019, 09.20 AM IST
How Saudi Arabia’s crown prince Mohammed bin Salman manages to make headlinesMBS made news last year as he unleashed a corruption purge in the kingdom.
19 Jul, 2018, 06.40 PM IST
Nirav Modi, Wilbur Ross go missing from this rich list, thanks to arrests & liesScams, scandals, arrests, lies are always the reasons behind the shifting sands of fortune.
12 Jun, 2018, 08.31 AM IST
Saudi Arabia graft settlements may top $100 billion as probe nears endTalks with suspects held at the Ritz Carlton in Riyadh are expected to wrap up by the end of the month, and those who don’t reach deals wil...
22 Jan, 2018, 10.29 AM IST
Contract signed for work on world's tallest skyscraper in JeddahThe award of the infrastructure contract suggests Saudi authorities are keen for the project to go ahead and do not want the probe to disru...
18 Jan, 2018, 01.06 PM IST
In Saudi crackdown, there's more than Alwaleed's empire at stakePrince Alwaleed is powerful and well connected, but this may not end well given that he is in a battle with an even more powerful group.
29 Dec, 2017, 01.38 PM IST
Citigroup, UBS among global banks most exposed to Saudi rich under lensThe kingdom was the 16th most populous country for high-networth individuals last year with 176,000, according to Capgemini’s 2017 World We...
15 Nov, 2017, 12.23 AM IST
How Saudi princes’ arrest averts coup in oil-rich kingdomKing Salman was tipped off regarding the plan by a key ally when he moved swiftly to arrest some of his family members hatching the plan.
13 Nov, 2017, 07.53 AM IST
Saudi corruption purge snares $33 billion of net worth in RiyadhThe stunning series of arrests has implicated three of the country’s richest people, including Prince Alwaleed bin Talal, who’s No. 50 on t...
07 Nov, 2017, 10.43 AM IST
Why Apple, Citigroup and Twitter will be tracking this arrest in Saudi ArabiaPrince Alwaleed is among the 11 princes and dozens of other senior officials arrested on orders from a anti-corruption committee headed by ...
06 Nov, 2017, 06.46 PM IST
Saudi Arabia has its own way of draining the swampWhile the arrest of Prince Alwaleed bin Talal generated many headlines, chiefly because he is so well known in the West, his detention wasn...
06 Nov, 2017, 12.46 PM IST
Prince Alwaleed bin Talal arrestedIn one of his most visible local investments, Alwaleed in September bought a 16.2% stake in Banque Saudi Fransi from Credit Agricole SA in ...
06 Nov, 2017, 01.41 AM IST
'Saudi Arabia's Prince Alwaleed bin Talal remains on top of world's richest Arabs list'According to the list, the UAE's Majid Al Futtaim is placed at second position for the first time at USD 10.6 billion.
17 Apr, 2017, 11.12 AM IST
Sheetal Mafatlal and the shocking art heistShocking Rs 100-crore art heist that has Sheetal Atulya Mafatlal stuck right in middle of it, with Mumbai's hoi polloi tittering in side-li...
11 Sep, 2014, 01.32 PM IST
TAKING STOCKA round-up of those whose worth went up or down today
18 Jun, 2014, 04.21 PM IST
- Four Seasons Hotels to have 4 new properties in India by '15
Microsoft founder Bill Gates- promoted luxury hotel group Four Seasons on Monday said it will have four new properties in India within the ...
22 Mar, 2010, 01.42 PM IST