Shares of 'arrested' Saudi billionaire's company dive

Published: 5/11/2017
Shares of 'arrested' Saudi billionaire's company dive
Source: WWW.KOREAHERALD.COM

RIYADH -- Shares in Kingdom Holding, 95 percent of which is owned by Saudi billionaire Prince Al-Waleed bin Talal, fell sharply Sunday after reports of his arrest.The share price of the company, which has high profile investments inside and outside Saudi Arabia, dropped 9.9 percent at the start of the week's trading. Shares are allowed to drop a maximum of 10 percent on one day.But the share pric

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