Billionaire Saudi Prince Alwaleed cancels plans for investments in Iran: Twitter
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.
Alwaleed also said he had refused the Iranian ambassador's request for a meeting and stopped all flights to Iran by the budget carrier Flynas, in which his investment arm Kingdom Holding holds a 34 percent stake.Alwaleed did not elaborate further on what his investment plans for Iran were in the tweet.
Last Update: January 05, 2016 19:50