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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The arrest of Walid bin Talal disrupts investment

    Rocky
    Rocky
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    The arrest of Walid bin Talal disrupts investment Empty The arrest of Walid bin Talal disrupts investment

    Post by Rocky Tue 21 Nov 2017, 3:09 am


    The arrest of Walid bin Talal disrupts investment

    21:00 - 20/11/2017


    The arrest of Walid bin Talal disrupts investment %D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A-%D8%A7%D9%84%D8%A3%D9%85%D9%8A%D8%B1-%D8%A7%D9%84%D9%88%D9%84%D9%8A%D8%AF-%D8%A8%D9%86-%D8%B7%D9%84%D8%A7%D9%84-696x435
    Information / follow-up ...
    Four well-known banking sources said that the kingdom's plan to borrow to finance new investments had been disrupted by the detention of Prince Alwaleed bin Talal as part of a Saudi anti-corruption campaign.
    Kingdom Holding has been in contact with banks to obtain the loan, but the financing plan has been suspended because lenders fear the possible repercussions of funding the prince's captive company, the sources said.
    A source with an ongoing loan event told Reuters that the financing could be worth about 5 billion riyals ($ 1.3 billion).
    In response to a request for comment, Mohammed Fahmy, the kingdom's finance director, said the company did not ask any bank to make a formal commitment to the loan. Stressing that the terms of any financing agreement has never been completed
     


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