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Fri, May

Middle East & Asia News
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Saudi Arabian authorities have released Palestinian billionaire businessman, Sabih al-Masri after he was detained while on a business trip to Riyadh. According to Rai al-Youn , 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"


Al-Masri who spoke to Reuters after his released disclosed that he was treated with respect and dignity while in detention. He also said he would be returning to the Jordanian capital, Amman, upon the conclusion of business meetings this week.


The arrest and detention of al-Masri came amid an anti-corruption purge initiated by Saudi Arabia at the beginning of November, an unprecedented crackdown targeting some of the country's top officials, businessmen and members of the royal family.


Meanwhile, no charges were preferred against him by the authorities.

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