{"id":634755,"date":"2018-01-23T04:18:13","date_gmt":"2018-01-23T04:18:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/saudi-purge-looks-set-to-meet-its-usd-100-bn-target\/"},"modified":"2018-01-23T04:18:13","modified_gmt":"2018-01-23T04:18:13","slug":"saudi-purge-looks-set-to-meet-its-usd-100-bn-target","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/saudi-purge-looks-set-to-meet-its-usd-100-bn-target\/","title":{"rendered":"Saudi purge looks set to meet its USD 100 bn target"},"content":{"rendered":"<p><strong>Mohamed bin Salman\u2019s self-styled corruption crackdown is nearing its target of USD 100 bn<\/strong>, as settlement talks with officials, princes, and businessmen caught up in the \u201canti-corruption probe\u201d appear to be winding down, <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-01-22\/saudi-graft-settlements-may-top-100-billion-as-probe-nears-end-jcpp192u\">Bloomberg reports<\/a>. Authorities have already agreed to drop charges against about 90 suspects, who were released, Attorney General Sheikh Saud Al Mojeb said in a separate interview at the Ritz-Carlton late on Sunday. About 95 people were still at the hotel, including five weighing settlement proposals, with the others reviewing evidence presented against them, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mohamed bin Salman\u2019s self-styled corruption crackdown is nearing its target of USD 100 bn, as settlement talks with officials, princes, and businessmen caught up in the \u201canti-corruption probe\u201d appear to be winding down, Bloomberg reports. Authorities have already agreed to drop charges against about 90 suspects, who were released, Attorney General Sheikh Saud Al Mojeb [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634755","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"ffb43f20-e490-47db-9438-c369c2142916","order":"0","is_powered_by":true,"section_story_id":"b5384ecd-0888-4840-a09f-716bfd6426b1","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634740],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Saudi purge looks set to meet its USD 100 bn target - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/saudi-purge-looks-set-to-meet-its-usd-100-bn-target\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi purge looks set to meet its USD 100 bn target\" \/>\n<meta property=\"og:description\" content=\"Mohamed bin Salman\u2019s self-styled corruption crackdown is nearing its target of USD 100 bn, as settlement talks with officials, princes, and businessmen caught up in the \u201canti-corruption probe\u201d appear to be winding down, Bloomberg reports. Authorities have already agreed to drop charges against about 90 suspects, who were released, Attorney General Sheikh Saud Al Mojeb [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/saudi-purge-looks-set-to-meet-its-usd-100-bn-target\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-23T04:18:13+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/saudi-purge-looks-set-to-meet-its-usd-100-bn-target\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/saudi-purge-looks-set-to-meet-its-usd-100-bn-target\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Saudi purge looks set to meet its USD 100 bn target\",\"datePublished\":\"2018-01-23T04:18:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/saudi-purge-looks-set-to-meet-its-usd-100-bn-target\/\"},\"wordCount\":97,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/saudi-purge-looks-set-to-meet-its-usd-100-bn-target\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/23\/saudi-purge-looks-set-to-meet-its-usd-100-bn-target\/\",\"name\":\"Saudi purge looks set to meet its USD 100 bn target - 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USD 107 bn) from settlement agreements it has reached so far with businessmen who were detained on corruption charges, a statement from the country\u2019s Center for International Communication\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":634420,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/15\/great-mbs-purge-looks-to-expand-beyond-saudi\/","url_meta":{"origin":634755,"position":1},"title":"Great MbS Purge looks to expand beyond Saudi","author":"enterpriseam admin","date":"15 January 2018","format":false,"excerpt":"Great MbS Purge looks to expand beyond Saudi: Saudi Arabia\u2019s public prosecutor will pursue extradition of corruption suspects living abroad as part of the Great Purge of Crown Prince Mohamed Bin Salman. Evidence is being collected against \u201cfugitives\u201d ahead of indictments against them and requests that foreign governments return them\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":625701,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/13\/court-drops-final-lawsuit-against-ahmed-ezz-on-money-laundering-charges\/","url_meta":{"origin":634755,"position":2},"title":"Court drops final lawsuit against Ahmed Ezz on money laundering charges","author":"enterpriseam admin","date":"13 August 2018","format":false,"excerpt":"Court drops final lawsuit against Ahmed Ezz on money laundering charges: The Cairo Criminal Court issued yesterday a decision dismissing the final corruption lawsuit raised against steel tycoon Ahmed Ezz for corruption, as per his reconciliation agreement with the government, Al Mal reports. Ezz and three other defendants in the\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602739,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/04\/israel-electricity-company-admits-to-voluntarily-forgiving-usd-1-3-bn-of-egyptian-gas-debt-as-part-of-2018-arbitration-settlement\/","url_meta":{"origin":634755,"position":3},"title":"Israel Electricity Company admits to voluntarily forgiving USD 1.3 bn of Egyptian gas debt as part of 2018 arbitration settlement","author":"enterpriseam admin","date":"4 April 2019","format":false,"excerpt":"Israel Electricity Company admits to voluntarily forgiving USD 1.3 bn of Egyptian gas debt as part of a 2018 arbitration settlement, the company announced in a filing with the Tel Aviv Stock Exchange, according to Haaretz. The company intentionally kept the 85% write-off a secret until yesterday for diplomatic reasons,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":621355,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/06\/oil-ministry-is-in-talks-with-ugs-to-reduce-egypts-usd-2-bn-settlement-payment-over-damietta-gas-supply-interruptions\/","url_meta":{"origin":634755,"position":4},"title":"Oil Ministry is in talks with UGS to reduce Egypt\u2019s USD 2 bn settlement payment over Damietta gas supply interruptions","author":"enterpriseam admin","date":"6 November 2018","format":false,"excerpt":"The Oil Ministry is in talks with Spanish-Italian JV Union Fenosa Gas (UGS) to reduce a USD 2 bn settlement it has been ordered to pay over gas supply interruptions at the Damietta liquefaction plant, an unnamed ministry source said, according to Al Shorouk. According to the source, the ministry\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637841,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/27\/ipo-of-alhokairs-malls-unit-said-to-be-on-hold-iraq-plans-usd-2-bn-eurobond\/","url_meta":{"origin":634755,"position":5},"title":"IPO of Alhokair\u2019s malls unit said to be on hold, Iraq plans USD 2 bn eurobond","author":"enterpriseam admin","date":"27 November 2017","format":false,"excerpt":"Also making news in the international business press this morning:Alhokair Malls IPO on hold? \u201cPlans to revive the public share sale of Fawaz Alhokair Group\u2019s mall unit are on hold after the accounts of its billionaire co-founder were frozen in Saudi Arabia\u2019s corruption crackdown, according to people with knowledge of\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=634755"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634755\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/634740"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=634755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=634755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=634755"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=634755"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=634755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}