Al-waleed Bin Talal

Saudi authorities have released the brother of billionaire Prince Al-Waleed bin Talal after nearly a year in detention, family members said Saturday, as the kingdom faces international pressure over journalist Jamal Khashoggi's murder.

Billionaire Saudi Prince Al-Waleed bin Talal says all is forgiven after his three-month detention in an anti-corruption crackdown, dismissing speculation he had forfeited control of his assets in exchange for his freedom.

Saudi Arabian billionaire Prince Alwaleed bin Talal, detained in the kingdom's sweeping crackdown on corruption, said on Saturday that he expected to be cleared of any wrongdoing and be released from custody within days.

Saudi Arabia sought to reassure investors on Tuesday that a sweeping anti-corruption purge would not affect businesses, including those with ties to arrested suspects, as authorities appeared to widen the crackdown.

With his sweeping royal purge, Saudi Arabia's future king has upended a decades-old system of governance adopted by previous rulers in what analysts describe as a bold but risky power play. Dozens of political and business figures were arrested at the weekend in what Saudi authorities have dubbed an anti-corruption swoop, including billionaire Prin...

Shares in Kingdom Holding, 95 percent of which is owned by billionaire Prince Al-Waleed bin Talal, dived 9.9 percent as the Saudi stock exchange opened Sunday after reports of his arrest. The Saudi Tadawul All-Shares Index (TASI) also dropped 1.6 percent only a minute after the start of trading on the Arab world's largest stock market following a s...

Saudi authorities have released the brother of billionaire Prince Al-Waleed bin Talal after nearly a year in detention, family members said Saturday, as the kingdom faces international pressure over journalist Jamal Khashoggi's murder.

Billionaire Saudi Prince Al-Waleed bin Talal says all is forgiven after his three-month detention in an anti-corruption crackdown, dismissing speculation he had forfeited control of his assets in exchange for his freedom.

Saudi Arabian billionaire Prince Alwaleed bin Talal, detained in the kingdom's sweeping crackdown on corruption, said on Saturday that he expected to be cleared of any wrongdoing and be released from custody within days.

Saudi Arabia sought to reassure investors on Tuesday that a sweeping anti-corruption purge would not affect businesses, including those with ties to arrested suspects, as authorities appeared to widen the crackdown.

With his sweeping royal purge, Saudi Arabia's future king has upended a decades-old system of governance adopted by previous rulers in what analysts describe as a bold but risky power play. Dozens of political and business figures were arrested at the weekend in what Saudi authorities have dubbed an anti-corruption swoop, including billionaire Prin...

Shares in Kingdom Holding, 95 percent of which is owned by billionaire Prince Al-Waleed bin Talal, dived 9.9 percent as the Saudi stock exchange opened Sunday after reports of his arrest. The Saudi Tadawul All-Shares Index (TASI) also dropped 1.6 percent only a minute after the start of trading on the Arab world's largest stock market following a s...