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16-Aug-2017 21:50 by 8 Comments

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Can he really be about to apply his book to the Middle East?

The assets are part of the Kingdom Holding Co, which is owned by the prince. Prince Charles (left), flanked by Saudi Prince Alwaleed Bin Talal (second left), his wife Amira delivers a speech during a tour at the official re-opening of the Savoy Hotel in London, on November 2, 2010Officials in the kingdom have frozen the bank accounts of 11 princes and 38 former government ministers, deputies and businessmen in an anti-corruption sweep.

The Saudi information ministry previously stated the government would seize any asset or property related to the alleged corruption, meaning the Savoy hotel could well become the state property of the kingdom.'The accounts and balances of those detained will be revealed and frozen,' a spokesman for Saudi Arabia's information ministry said.'Any asset or property related to these cases of corruption will be registered as state property.' Those detained were being held in five-star hotels across the capital, Riyadh, in the anti-corruption sweep.

Reports suggested some of the detainees are being held at the Ritz-Carlton in Riyadh.

This is all feeding into conspiracy stories which say that the Saudis have been in on the Jerusalem plan from day one, with Mb S emerging as the most likely US-appointed candidate to broker a deal between the Israelis and Palestinians.

Earlier this month, Trump said that in every deal there are winners and losers.

The powerful heads of the Saudi National Guard, an elite internal security force, and the navy were also replaced in a series of high-profile sackings that sent shock waves in the kingdom.

Prince Al-Waleed is one of the Middle East's richest people, with investments in Twitter, Apple, Rupert Murdoch's News Corporation, Citigroup, the Four Seasons hotel chains and most recently in ride-sharing service Lyft.

He's also known for being among the most outspoken Saudi royals, long advocating for greater women's rights.

He is also majority owner of the popular Rotana Group of Arabic channels.

In June this year, Crown Prince Mohammed bin Salman was appointed to the role after his father, King of Saudi Arabia Salman bin Abdulaziz Al Saud, decided to depose former Crown Prince Muhammad bin Naye.

The king also ousted Prince Miteb bin Abdullah from his post as head of the National Guard overnight.

Saudi Twitter accounts released several other names of those arrested, such as Alwalid al-Ibrahim, a powerful Saudi businessman with ties to the royal family who runs the Arabic satellite group MBC; Amr al-Dabbagh, the former head of the Saudi Arabian General Investment Authority; Ibrahim Assaf, the former finance minister; and Bakr Binladin, head of the Saudi Binladin Group, a major business conglomerate.

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