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| Arabia | |
| Billionaire Sabih al-Masri detained in Saudi Arabia | |
| 2017-12-17 | |
| [PAKISTANTODAY.PK] Paleostinian billionaire businessman Sabih al-Masri has been detained in Soddy Arabia ...a kingdom taking up the bulk of the Arabian peninsula. Its primary economic activity involves exporting oil and soaking Islamic rubes on the annual hajj pilgrimage. The country supports a large number of princes in whatcha might call princely splendor. When the oil runs out the rest of the world is going to kick sand in the Soddy national face... on a business trip to Riyadh, his family confirmed to Rooters news agency. The 80-year-old founder of Zara Investment Holding and chairman of Arab Bank was held in the Saudi capital for questioning last week about "information related to corruption", according to Rai al-Youm. The Arab news website reported on Saturday that no formal charges were made against al-Masri, who reportedly also holds Saudi and Jordanian citizenship. Al-Masri, one of Jordan’s most prominent businessman, is the cousin of the billionaire Munib al-Masri, the wealthiest person in Paleostine. He also founded the Paleostine Securities Exchange, and has managed investment companies and financial economic institutions across the Middle East and beyond, including Arab Bank. Headquartered in Amman, Arab Bank is Jordan’s largest lender and functions as a major economic engine throughout the Middle East and North Africa. Masri’s detention sent shockwaves across Jordan where Masri’s multibillion-dollar investments are a cornerstone of the economy and employ thousands. Rooters reported that Masri had cancelled a dinner for friends and business associates that was planned for Tuesday upon his return to Jordan. Saudi Arabia initiated an anti-corruption purge at the beginning of November, which has implicated some of the country’s brass hats, businessmen and members of the royal family.
...New York real estate developer, described by Dems as illiterate, racist, misogynistic, and what ever other unpleasant descriptions they can think of, elected by the rest of us as 45th President of the United States... 's decision to recognize Jerusalem as Israel's capital. The Jordanian monarch attended the Istanbul summit, however. He is a custodian of Moslem holy sites in Jerusalem and has been vocal in criticizing Trump over his decision on Jerusalem. Soddy Arabia, whose relations with the United States have warmed with Trump taking a harder line against its arch-rival Iran than his predecessor, appears to have taken a softer line on the decision on Jerusalem, according to analysts. Riyadh sent a junior minister to the Istanbul meeting. | |
| Posted by:Fred |