International lenders did not disclose specificities, but said it was part of global cost-cutting plansNovember 26, 2015 11:32
How is the CEO of Arabtec Holding linked to a famous alien–bashing movie star? And where does Saudi’s richest man fit in?
April 15, 2009 12:55 by Aarti Nagraj
Prince Alwaleed bin Talal bin Abdul Aziz Al Saud
Prince Alwaleed bin Talal, listed as the 22nd richest man in the world by Forbes Magazine in 2009, is a business mogul and investor in Saudi Arabia. The magazine estimates that his wealth has reduced considerably in the last year because of the financial crisis, and currently stands at $13.3 billion. The nephew of the Saudi king, he owns an Airbus A380, and according to Forbes, his jewelry collection is valued at $730 million.
Bin Talal, who has investments around the world, visited Costa Rica in 2007, where he announced that he will be investing in six hotels in the country. He made the announcement at a press conference with the Costa Rican president…
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