Saudi's Kingdom Holding jumps on hope for Prince Alwaleed settlement | ZAWYA MENA Edition:
"Shares in Saudi Arabia's Kingdom Holding jump 7.6 percent to 9.36 riyals, highest level since Nov. 6, just after chairman and owner Prince Alwaleed bin Talal was detained in sweeping anti-corruption crackdown
Senior Saudi official tells Reuters that Prince Alwaleed is negotiating possible settlement with authorities but so far has not agreed on terms; "he offered a certain figure but it doesn’t meet the figure required from him, and until today the attorney-general hasn’t approved it"
Kingdom Holding has said it is continuing to operate normally during Prince Alwaleed's detention"
'via Blog this'
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