Billionaire Alwaleed bin Talal to sell $1.5bn stake in Kingdom Holding to Saudi sovereign fund

Sirop14 Mon Mar 20, 2023 11:30 am

Billionaire Alwaleed bin Talal to sell $1.5bn stake in Kingdom Holding to Saudi sovereign fund
https://www.arabnews.com/node/2086871/business-economy

Saudi Arabia's Alwaleed to sell 16.87% of Kingdom Holding to PIF for $1.5 billion
https://www.reuters.com/markets/deals/saudi-arabias-alwaleed-sell-1687-kingdom-holding-pif-15-bln-2022-05-22/

We wished Sir James Mancham was here to help. To remind everybody Prince Alwaleed bin Talal relation goes back to the formulation of that SIROP program, our exiles in London and MNA Flori Larue forgetfulness. its leverage and beside the financing to Seychelles government, Prince bin Talal benefiting from the connections, synergy and and leverage on the Saudi economy, acquiring share in First city and the Tourist development in Seychelles. His Majesty the Heir apparent know all the details.

We addressed last week and before that we could help the trouble Swiss bank and nobody responded - they can resolve the situation by themselves like that Ukraine/Russia situation. we let them rot as they say. The important working of that SIROP program and the big Swiss banks/bankers and the Swiss government knowledge. Instead they turned to the Saudi to acquire /invest the share sold by the previous company and it did not work - the Saudi refused to put in more money. The conclusion of the Swiss government deal with UBS.

Again to remind everybody UBS and that SIROP program the UBS in 1986/87, the meltdown and the UBS today and that mess/acquisition. We stated the issue of Crypto market we coming back to the clickup collaboration platform and the impacting, issues in the US. Unless UBS find some working solution with that SIROP program the turmoil will persist , The EBC listening/Watching nd the EU Commissioner.

To remind everybody what we have written that SIROP program and those in 2007/8 debacles of an alternative global money system as against the Dollar and the Crypto and BRICS., We have addressed President Obama and President Trump of the need to engage. That Seychelles TRNUC refusal to come to grip with those issues.

Those managing the Saudi Sovereign wealth fund have been very consequential - again the TRNUC officials refusal to listen/take note.