Billionaire Saudi Arabian Prince Alwaleed bin Talal said on Tuesday he had cancelled the consideration of all projects and investments in Iran, according to his twitter account, amid a diplomatic row between Saudi Arabia and the Islamic Republic.
رفضنا طلب سفير إيران للمقابلة أوقفنا رحلات @flynas من وإلى #إيران ألغينا دراسةكل المشاريع والإستثمارات في إيران pic.twitter.com/bNbqLgND4v
— الوليد بن طلال (@Alwaleed_Talal) January 5, 2016
Saudi Arabia severed diplomatic relations on Sunday and froze commercial ties with Iran the following day after its embassy in Tehran was stormed in response to its execution of a prominent Shi'ite cleric.