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Prince Alwaleed reaches home, will remain under house arrest

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Prince Alwaleed

[vc_row][vc_column][vc_column_text]Settlement detail not known, authorities to gather $1000 bn in settlements

Prince Alwaleed bin Talal, one of the richest business tycoons of Saudi Arabia was released on Saturday after almost two-and-half months of detention after “settlement” with authorities. However, he will remain at home under guards’ eyes. Family has confirmed of his arrival at home.

Middle East Eye, quoting undisclosed sources reports that Prince Talal was released from Hotel Ritz-Carlton and arrived home. He was under detention under anti corruption purge along with over 200 princes and high ranking officials facing corruption charges since early November last year.

Informed sources have confirmed that still guards were surrounding his palace and he was being kept under house arrest.

The details of the settlement were unknown. Earlier reports said that he was asked to shell two-third of his assets to the government. The source said, “The attorney general this morning approved the settlement with Prince Al-Waleed bin Talal.”

On November 9, more than 200 influential people including princes and ranking officials were summoned for questioning, and most of them were detained in one of the most luxurious hotels Ritz-Carlton. The aim of the whole exercise was described for “rooting out corruption and reclaiming embezzled funds”.

Crown Prince Mohammed bin Salman who is known with acronym MbS is spearheading the unprecedented crackdown on corruption among members of the government and royal family as he consolidates grip on power in the country.

prince alwaleed - 1Alwaleed, one of the world’s richest men and owner of Kingdom Holding Company, was among 350 persons rounded in the crackdown. Reports say that most of them have been released after financial settlement with the kingdom.

None of the Saudi newspaper or news network has published report about Alwaleed release. However, information came out through the sources informing the details to foreign news reporters.

Earlier reports indicated that MbS was asking Alwaleed had been refusing MbS demand of giving -up ownership of the entire Kingdom Holding Company. If a settlement was not reached, Alwaleed was supposed to go through prosecution.

On Saturday, Alwaleed told Reuters on Saturday about his prospects of being released soon.

Earlier this week state news agency Al-Arabiya reported that “Only a couple of days till cases of corruption-related settlements are closed in preparation for referring remaining defendants to the public prosecution.” It confirmed that 95 people were still detained.

On Friday, the government released several detainees including Waleed al-Ibhrahim, head of the MBC news network, Khaled Tuwaijri, former chief of the Saudi royal court, and Turki bin Nasser, former head of the country’s meteorology agency. Earlier former National Guard chief Prince Miteb bin Abdullah was released after his “settlement” reportedly exceeding $1bn.

Saudi authorities consider they will be able to collect $100 billion from the detained who’s who of the country.

Finance Minister Mohammed al-Jadaan told Al Arabiya television in Davos on Wednesday that the “settlements” will help the government to finance a multi-million dollar package to help citizens cope with the rising cost of living.[/vc_column_text][/vc_column][/vc_row]

Latest world news

Netanyahu dismisses death rumours in video with US envoy, says I’m alive

Israel PM Benjamin Netanyahu has denied viral claims about his death, appearing in a video with US envoy Mike Huckabee and mocking online conspiracy theories.

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PM Benjamin Netanyahu

Israeli Prime Minister appears alongside US envoy, addresses conspiracy theories and ongoing conflict remarks

Israel’s Prime Minister Benjamin Netanyahu has publicly dismissed viral rumours about his death, appearing in a fresh video alongside US Ambassador to Israel Mike Huckabee.

The video surfaced after days of speculation online, where misleading posts questioned his absence and circulated claims about altered footage showing him with “six fingers.”

In the clip, Huckabee jokes that US President Donald Trump had asked him to personally check on Netanyahu. Responding with humour, Netanyahu says, “Yes, Mike. Yes, I’m alive.”

Rumours and online claims gain traction

Speculation had intensified across social media as tensions escalated between Israel and Iran.

Some posts claimed Netanyahu had not been seen publicly, while others pointed to a previous video where his hand appeared unusual, fuelling conspiracy theories about manipulated or AI-generated footage.

Remarks on iran conflict

During the interaction, Netanyahu also made comments referencing Israeli strikes, mentioning Iranian figures including Ali Larijani and Basij commander Gholamreza Soleimani.

Using a metaphorical tone, he spoke about “erasing names” from a list, while praising US support and reiterating Israel’s stance against Iran’s nuclear ambitions.

Huckabee responded in a lighter tone, joking that his own name was not on the list, to which Netanyahu replied that he was among the “good guys.”

Earlier video mocked conspiracy

Before releasing this clip, Netanyahu had already addressed the rumours in another video posted online. Sitting at a café, he joked about being “dead for coffee,” using a phrase implying strong liking.

He also directly responded to the “six fingers” claim by showing both hands to the camera and inviting viewers to count his fingers.

The videos appear aimed at countering misinformation circulating online as geopolitical tensions continue in the region.

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US strikes Iranian missile sites near Hormuz with 5,000-pound bunker buster bombs

US forces hit Iranian missile positions near the Strait of Hormuz using deep penetrator bombs to counter threats to global shipping.

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In a major escalation aimed at restoring maritime movement, the United States has carried out airstrikes on Iranian missile positions near the Strait of Hormuz using powerful deep-penetration bombs.

The US military confirmed that multiple 5,000-pound bunker buster munitions were used to target hardened missile infrastructure along Iran’s coastline. According to an official statement, the sites housed anti-ship cruise missiles that posed a significant threat to international shipping in the strategic waterway.

The strikes mark the first major US military action to reopen the Strait of Hormuz after Iran reportedly shut it down in response to the ongoing conflict involving the United States and Israel.

Strait disruption triggers global concern

The Strait of Hormuz is a critical global النفط transit route, with nearly one-fifth of the world’s oil supply passing through it. Its closure has severely disrupted shipping activity and triggered a sharp rise in global energy prices.

The US action appears to be aimed at neutralising immediate threats to vessels and restoring safe passage through the region.

Allies reluctant to back US move

The development comes amid reports that several US allies, including NATO members, have declined calls from President Donald Trump to support efforts to secure the strait.

Expressing frustration, Trump criticised allies for not contributing even limited resources such as minesweepers, despite longstanding US support to NATO. He maintained that preventing Iran from acquiring nuclear weapons remains a priority for global security.

However, Iran has consistently denied pursuing nuclear weapons, stating that its nuclear programme is intended solely for peaceful purposes, including energy production.

Use of bunker buster bombs

The bombs used in the operation are designed to destroy fortified or deeply buried targets. These 5,000-pound munitions, often referred to as bunker busters, are capable of penetrating hardened structures before detonation.

While powerful, they are smaller compared to the 30,000-pound bombs reportedly used by the US in previous strikes on Iranian nuclear facilities.

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Top US counterterrorism official resigns over Iran war, cites conscience

Joseph Kent steps down as US counterterrorism chief, questioning the justification for the Iran war and citing moral concerns.

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Trump official resigns

A senior US national security official has stepped down in protest against the ongoing war with Iran, citing moral concerns and disagreement with the administration’s decision.

Joseph Kent, who headed the National Counterterrorism Center, resigned from his post, stating he could not support the conflict “in good conscience.” In his resignation letter, Kent argued that Iran did not pose an “imminent threat” to the United States.

He also alleged that external pressure, particularly from Israel and influential pro-war voices, played a role in shaping the decision to enter the conflict under President Donald Trump.

“I cannot in good conscience support the ongoing war in Iran,” Kent wrote, adding that the US had been drawn into the conflict despite a lack of direct threat.

Kent further claimed that a “misinformation campaign” by senior Israeli officials and sections of the American media contributed to building support for military action. According to him, this created an “echo chamber” that influenced the president’s perception of Iran as an immediate danger.

In his letter, Kent said that until mid-2025, Trump had acknowledged that prolonged wars in the Middle East had drained US resources and cost lives. However, he suggested that this position shifted under sustained pressure and messaging.

He urged the president to reconsider the course of action, warning that the conflict could push the country toward instability. “You can reverse course and chart a new path for our nation, or allow us to slip further toward decline and chaos,” he wrote.

Kent’s resignation marks the first high-level departure from the administration directly linked to the Iran war.

As head of the National Counterterrorism Center, Kent was responsible for analysing and monitoring terrorist threats. His tenure, however, had been controversial. He was confirmed to the role last year by a narrow Senate vote, facing strong opposition from Democrats over his past associations.

Critics had raised concerns about his links to far-right figures and his stance on conspiracy theories. During his earlier political campaign, Kent had professional associations with individuals connected to extremist groups, which became a point of contention during his confirmation hearings.

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