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Saudi Arabia's billionaire Prince Alwaleed bin Talal, detained for over 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 it doesn't meet the figure required from him, and until today the attorney-general hasn't approved it," the official said on condition of anonymity under government briefing...

Full title: "Jailed Prince Alwaleed bin Talal, Saudi Arabia's richest man, is running out of time to make a deal" Text of excerpt: Saudi Arabia's richest man is running out of time. It's been more than two months since Prince Alwaleed bin Talal was first arrested and detained in what the Saudi government still calls an "anti-corruption" sweep. Yet the first sign of things getting more serious came early this week when Alwaleed was moved out of his restricted quarters at the Riyadh Ritz Carlton Hotel and moved to Al Ha'ir prison, according to the London-based Arabic news site Al-Araby...

Saudi Princess Amira Bint Aidan Bin Nayef went on a rampage against the ruling Saudi regime in her exclusive statements to the French newspaper Le Monde, saying slavery in Saudi Arabia has different forms, but it is done in secrecy and permitted only among the primary beneficiaries of the princes of the House of Saud. She mentioned one of the most repulsive things: buying and renting the children, especially the orphans, from countries like Bangladesh, Sri Lanka, the Philippines, Djibouti, Somalia, Nigeria, Romania and Bulgaria.

“Dopey” Prince Alaweed Was Warned — Now He Sits In Prison In December 2015 Saudi Prince Alwaleed bin Talal slammed Donald Trump for proposing a ban on Muslim immigrants in the US after the San Bernardino attacks. Donald Trump hit the “dopey prince” back twice as hard. "Detained members of Saudi elite have been hung by their feet and beaten by interrogates, source says. Among those hung upside down are Prince Alwaleed bin Talal, an investor worth at least $7 billion who is being held at Riyadh’s Ritz Carlton. Saudi princes and billionaire businessmen arrested in a power grab earlier...

Asleep on the floor of their 'luxury' five star prison 11 Saudi princes, government ministers and businessmen await their fate following their arrest in the biggest anti-corruption purge of the kingdom's modern history. In a photo obtained exclusively by DailyMail.com the men are seen gathered together at the Ritz Carlton Hotel in Riyadh, the Saudi capital, inside one of its glittering function rooms - wrapped in blankets and sleeping on thin mattresses.

It’s hard to tell what exactly is happening in Saudi Arabia. The New York Times presents it as a genuine relaxation of Islamic strictures, which, as is clear from the Times article itself, is not the same thing as reform of Islam: Muslim clerics who know full well what the contents of Islamic law are regard the crackdown with extreme concern, precisely because they’re afraid that Muhammad bin Salman will transgress the bounds of Islam.The arrest of Prince Alwaleed, in any case, is good news, but not for any reason that the establishment media will present. (The corruption charge in...

Prince Alwaleed bin Talal, a bitter and vocal rival of U.S. President Donald J. Trump, has been arrested in the royal family’s sweeping anti-corruption crackdown. Saudi King Salman bin Abdulaziz has arrested and removed a slew of corrupt and prominent officials, including dozens of princes and former ministers. Al Arabiya, a Saudi state-run news outlet, reported bin Talal was among those arrested. People’s Pundit Daily (PPD) confirmed he was one of at least 11 princes arrested. The billionaire chairman of Kingdom Holding Co. was once a business associate of President Trump. But his “America First” platform was a direct threat...

Harvard University Law School hosted a Muslim Brotherhood-organized conference on April 13 billed as a “human rights” forum on Egypt and Middle East. The event, titled “As Goes Egypt, So Goes the Middle East: Changes Begin with Me,” was organized by Egyptians Abroad for Democracy..... -snip- Dr. Mark Christian, executive director of the Global Faith Institute and a former imam who left Egypt and his Muslim Brotherhood-connected family 11 years ago to live in America, told WND that Harvard long ago sold its soul to the Brotherhood. He said Harvard is home to the nation’s largest chapter of the Muslim...

The connection between Alwaleed, Murdoch, Abedin, Hillary Clinton and Saudi Arabia are troubling given a number of recent events. Prince Alwaleed is boasting about his role in impacting U.S. elections. As Breitbart News Networks Aaron Klein reported, the Saudi Arabian news site Sabq claims that Alwaweed Bin Talal caused a decline in Trumps popularity. CNN reported in 2008 that donations to the William J. Clinton Foundation include amounts of $10 million to $25 million from the Kingdom of Saudi Arabia. Huma Abedin was hired as a consultant to the William J. Clinton Foundation after Clinton left her role as Secretary...

Saudi billionaire Prince Alwaleed bin Talal has called Donald Trump a disgrace to the United States following his call for a ban on Muslims entering the country, and demanded the Republican front-runner withdraw from the U.S. presidential race. Trump triggered an international uproar when he made his comments in response to last week's deadly shootings in California by two Muslims who authorities said were radicalized. 'You are a disgrace not only to the GOP but to all America,' Prince Alwaleed, the chairman of Kingdom Holding, said on his Twitter account, addressing Trump and referring to the Republican Party. 'Withdraw from...

Fox News Correspondent James Rosen reported on Wednesday night that a “major investor in the parent company” of Fox News has been implicated in financing the terrorist group al-Qaeda. Rosen made the embarrassing disclosure in a story on the channel’s “Special Report” show hosted by Bret Baier. The alleged al-Qaeda financier, Saudi billionaire Prince Alwaleed bin Talal, is a very close friend of Rupert Murdoch and his family, who control major media companies like News Corp and 21st Century Fox. The latter is now the parent company of the Fox News Channel. Fox News is to be congratulated for reporting...

"You better believe it is gonna go down more," Alwaleed bin Talal said.Saudi royal prince Alwaleed bin Talal says in a new interview that the days of $100-a-barrel oil are a thing of the past, as oil prices continue to drop around the globe. Asked by USA Today if prices, recently below $50 a barrel, would continue to plunge, Talal answered: “If supply stays where it is, and demand remains weak, you better believe it is gonna go down more. But if some supply is taken off the market, and there’s some growth in demand, prices may go up. But...

Portia Crowe January 12, 2015Prince Alwaleed bin Talal, the eccentric Saudi billionaire once labeled the "Arabian Warren Buffett," predicted that oil would never again reach $100 a barrel. "The price of oil above $100 is artificial," he said. "It's not correct." That's in an interview with Maria Bartiromo for USA Today, in which the business magnate blamed oversupply and weak demand for the recent drop in oil prices. He also predicted hard times ahead for America's shale-oil and gas industries. "No one knows for sure what price is the breaking point for shale," he said. "Wells have a higher production...

Prince Alwaleed, Saudi Arabia’s self-proclaimed Warren Buffett, has seen his fund, Kingdom Holdings, return 52% since Sept. 5, when it hit a 52-week low. And the prince has told Bloomberg that there’s more where that came from. “We have hidden treasures, lots of rich assets that aren’t publicly traded,” Alwaleed, 58, said by phone from Crans-Montana, Switzerland, where he was vacationing with his family. “They are worth more than $11 billion to $12 billion, and the market could value them at more than double that.”

Saudi Arabia has noticed Canada’s booming oil and gas industry — and they don’t like what they see. You could even say they’re scared. That’s the panicky message in a 14-page memo written to Saudi Arabia’s energy ministry by Prince Al-Waleed bin Talal, an influential member of the Saudi royal family. He desperately warns them that Saudi Arabia’s energy dominance is at risk, including from oil and gas developments in western democracies. And he mentions Canada by name. Al-Waleed isn’t just another pundit or oil-rich Arab sheikh. He’s an international tycoon who has built a vast empire of holdings, including...

It is worthy paying close attention when a certain Saudi prince speaks his mind. Prince Alwaleed Bin Talal is sometimes described as the most powerful Arab in the world, thanks to his enormous wealth, business acumen, and influence in the Saudi royal family, which runs the Kingdom as a family fiefdom. Western-educated, he has shown himself to be an effective power broker, owning a 7% stake in News Corporation and donating $20 million each to Harvard and Georgetown Universities, arousing suspicions of undue influence. The good prince let the world know what the real stakes are in the battle over...

Saudi Arabia’s Prince Alwaleed Bin Talal, a billionaire businessman and nephew of Saudi King Abdullah, said the production of shale oil and natural gas in the United States and other countries, primarily done through fracking, is a real competitive threat to “any oil-producing country in the world,” adding that Saudi Arabia must address the issue because it is a “matter of survival.” New shale oil discoveries “are threats to any oil-producing country in the world,” said Prince Alwaleed in an interview with The Globe and Mail. “It is a pivot moment for any oil-producing country that has not diversified. Ninety-two...

Energy: A Saudi prince has warned that his oil-reliant nation is under threat because of fracking technology being developed in the U.S. and spreading around the world. OPEC is now caught between Riyadh and a hard place. Indicative of the panic rippling through the Organization of Petroleum Exporting Countries over the U.S.-led fracking boom, billionaire Saudi Prince Alwaleed bin Talal says his Gulf Arab kingdom needs to reduce its reliance on crude oil and diversify its revenues, lest the era of gold-plated toilets come to an end. In an open letter to his country's oil minister Ali al-Naimi and other...

Saudi Arabian billionaire Prince Alwaleed bin Talal has warned that the kingdom's petroleum-dependent economy is increasingly vulnerable as rising production of U.S. shale oil and gas decreases global demand for crude from members of the Organization of the Petroleum Exporting Countries. In an open letter dated May 13 addressed to Saudi Oil Minister Ali al-Naimi and several other ministers, said the kingdom won't be able to fulfill its plan to increase its crude production capacity to 15 million barrels because of the shale threat.

Billionaire Saudi Prince Alwaleed bin Talal has warned shale oil and gas development poses a threat to the kingdom's economy, the Wall Street Journal's Summer Said reports. In an open letter to Saudi oil minister Ali al Naimi [in Arabic], Alwaleed also warns the kingdom must diversify its revenue streams in the face of flagging oil demand. A source translated the key portion of the note: With all due respect to your Highness’ viewpoint about shale gas and that it poses no danger on Saudi economy at ‘the present time’, I was hoping that your Highness would also shed light...