Corruption

Saudi Arabia eyes $100bn in settlements from anti-corruption purge
19 November 02:08 PM Saudi Arabia eyes $100bn in settlements from anti-corruption purge
Riyadh - Mubasher: Saudi Arabia’s recent anti-corruption campaign comes with a new development where detained princes and businessmen are offered the chance to pay a settlement in order to avoid trial. Saudi authorities expect that the state may …
The Saudi government arrested 11 princes
9 November 10:07 AM CBUAE requests info on 19 Saudi accounts
Abu Dhabi – Mubasher: The Central Bank of the UAE (CBUAE) on Thursday requested that Emirati banks provide more information regarding the accounts of 19 Saudi citizens. The accounts in question involve several of the names announced by the Saudi …
Kingdom Holding Company’s (KHC) stocks dropped by 7.6% on Sunday before sliding by 5.6% on Monday
7 November 07:35 PM Global markets take a hit on Saudi arrests - Report
By: Mohamed Soliman Mubasher: The recent wave of surprising Saudi resolutions, which involved the arrest a number of princes and ministers through the government’s new anti-corruption campaign has negatively impacted global markets. King …
Al Tayyar Group’s operations and services will continue uninterrupted in Egypt
7 November 03:51 PM Investigating Nasser bin Aqeel not to affect Egypt investments - Al Tayyar
Cairo - Mubasher: Ashraf Shiha, managing director of Al Tayyar Travel Group in Egypt, said in a phone call with Lamis Elhadidi’s show on CBC that his company’s investments will not be affected by investigations with the mother company’s chairman …