Shares in Alwaleed bin Talal’s Kingdom Holding quickly recovered to their position prior to Saudi Arabia’s corruption crackdown began in November, Bloomberg reports. “Kingdom Holding rose 2.5 percent to 10.29 riyals on Monday, exceeding the level it was trading at before Saudi Arabia shocked investors with the arrest of dozens of high-profile businessmen and princes last year. About 3 mn shares were exchanged, the most since February 2016.” Alwaleed was released from his detention on Saturday after reaching a settlement with Saudi authorities.

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