Saudi prince buys London's famous Savoy hotel
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A group of financiers including Saudi Prince Alwaleed bin Talal has bought the Savoy hotel, London's luxurious landmark hotel overlooking the Thames, its new managers said.
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A Saudi consortium has awarded four  international firms 1.5 billion riyals ($400 million) worth of  contracts to set up the second GSM network in the kingdom.
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Four Seasons Hotels Inc.   said on Monday it has agreed to a $3.37 billion offer to be taken private by a group that includes the Canadian company's chief executive as well as Saudi Prince Alwaleed bin Talal and Microsoft Corp.  Chairman Bill Gates.
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Saudi Arabian investors also bought a  large stake in UBS when the Swiss bank sold a roughly 9 percent  stake to the Singapore government, the Financial Times reported  on Friday.
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Saudi Arabia's King Abdullah on Monday accused Britain of not taking terrorism seriously enough, hours before arriving in London for a controversial state visit.
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The Bush administration sets in motion a major arms sale to Saudi Arabia as the US president visits the kingdom.
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Prince Bandar bin-Sultan was once Saudi Arabia's indispensable man in Washington. Now, Washington is investigating if he's part of an alleged arms-and-bribery operation
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A Saudi prince received millions of dollars for his own use as part of Britain's largest arms deal, the British Broadcasting Corp. said.
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Queen Elizabeth II welcomed Saudi Arabia's King Abdullah Tuesday with an honor guard and rode with him to Buckingham Palace in her gilded carriage, passing protesters who condemned the oil-rich kingdom for alleged human rights abuses.
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London's Savoy Court Apartments are counted among Britain's most exclusive private residences. And No. 6 was among the most lavishly appointed.
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Britain's biggest defence contractor, BAE Systems, reportedly paid millions of dollars into a slush fund for a leading member of Saudi Arabia's royal family with the knowledge of its chief operating officer.
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Canadian luxury hotelier Four Seasons  Hotels Inc.   said on Monday it has agreed to be  taken private by a group of investors that includes Saudi  Prince Alwaleed bin Talal and an investment firm owned by  Microsoft Corp.  Chairman Bill Gates.
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Saudi Telecom is to buy 25 per cent of Maxis, Malaysia&#39;s biggest mobile operator, in a $3bn deal that represents one of the biggest foreign investments in the south-east Asian country.
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A group of Los Angeles investors including former basketball star Earvin "Magic" Johnson announced yesterday the purchase of the Hilton Washington, a landmark hotel just north of Dupont Circle that has for decades played host to some of official Washington's biggest affairs.
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BEIRUT: Bahrain&#39;s King Hamad bin Isa al-Khalifa traveled to Saudi Arabia on Monday for talks with Crown Prince Abdullah bin Abdel-Aziz.
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LONDON, June 7 â Confronted today with fresh allegations of impropriety in a major British arms deal with Saudi Arabia, Prime Minister Tony Blair once again defended his decision to cancel an official inquiry into the multi-billion-dollar agreement.
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DAMMAM: His Majesty King Hamad yesterday held talks with Saudi Crown Prince Abdullah.They reviewed historic ties and expressed satisfaction with them, reiterating the strength of these relations.