#corruption

Riyadh

Saudi Arabia convicts 11 people for laundering SAR10bn

An initial verdict has led to the conviction of two Saudi nationals and nine expatriates

Saudi King terminates country’s Public Security director on corruption charges

He is also accused of committing a number of crimes, including forgery, bribery and abuse of influence

Qatar freezes assets of six businessmen in widening crackdown

The assets of Finance Minister Ali Sharif Al-Emadi, arrested Thursday over alleged abuse of power and misuse of public funds, were also frozen

Saudi’s Nazaha arrests several people on corruption, embezzlement charges

Legal procedures against the accused are currently underway

Saudi arrests businessmen, bank employees in $3.1bn corruption scheme

Those arrested were allegedly involved in a scheme that transferred more than SAR11.5bn outside the country

Arab youth

UAE once again chosen as the ‘top country to live in’ by Arab youth

Nearly half of young Arabs have considered leaving their country, due to lack of opportunities and corrupt governance, finds annual Asda’a BCW survey

Saudi to auction detained billionaire Maan al-Sanea’s real estate assets

Sanea was detained last year for unpaid debts dating back to 2009

Saudi to release detained billionaire Mohammed Al Amoudi

On Friday, Ethiopia aannounced that Saudi Arabia had agreed to release 1,000 Ethiopian nationals

Saudi Arabia to auction detained billionaire’s real estate, cars

Maan al-Sanea was ranked by Forbes as one of the world’s 100 richest people in 2007

Revealed: Top 5 most powerful Arabs in Saudi Arabia

The highest ranking entries originating from Saudi Arabia in Gulf Business’ annual Arab power list