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Prince's arrest casts pall over big companies

It could also hit investor confidence in Saudi Arabia as it tries to diversify its economy
Mon, Nov 06, 2017 - 5:50 AM

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Prince Alwaleed's arrest is likely to reverberate across dozens of firms that count his investment company as a major investor or shareholder.
PHOTO: REUTERS

Hong Kong

WITH the arrest of Prince Alwaleed bin Talal, the prominent billionaire investor, Saudi Arabia has touched one of the richest and most influential investors in the world.

Among Prince Alwaleed's crown jewels: sizeable stakes in Twitter, Lyft, Citigroup and 21st Century...

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