I thought there would be no hope in reading all of the text until I stumbled upon what appears to be the original, full-sized jpeg. You can download a copy of it with the link below. Warning the large-format picture is over one megabyte in size, you'll have to scroll around to see the entire image.
Across the top is says "Stories and Biographies of the wanted 26 (26 Most Wanted)"
Along the right hand side the names of the 26 most wanted terror suspects in Saudi are listed: Abdul Aziz Al Mogran, Rakan Al Sakhan, Khalid Ali Haj, Kareem Altohami, Saleh Al Aoofi, Ibrahim Al Rayes Rahamatallah, Saud Al Atobi, Faris Al Zahrani, Issa Oushan, Abdulmajid Al Moneem, Othman Al Amry, Sheikh Abdullah Al Roshoud, Ahmed Al Fadly, Sultan Al Otaiby, Abdullah Al Sobaie, Faisal Al Dakhil, Mansour Faqih, Mostafa Mubaraky, Bandar Al Dakhil, Amer Al Shihry, Abdul Rahman Yazjy, Hussein Al Hassaky, Khalid Al Qurashy, Talib Al Talib, Nasser Al Rashid, Talal Anbary
The black flag says "There is no god but Allah and Mohamed is the messenger of Allah"
Underneath the flag it says: My books are dedicated to the love of these wanted
by Abu Gandil Al Azdy