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Saudi Billionaire Prince Alwaleed To Invest Careem Proceeds In Europe, Saudi

Saudi billionaire Prince Alwaleed Bin Talal Alsaud’s investment firm Kingdom Holding will invest the proceeds from the sale of its stake in ride-hailing startup Careem towards new investments in the kingdom and Europe. Kingdom Holding’s CEO Talal Ibrahim Al Maiman told Reuters on Friday that the firm is looking at investing 70% of its gains …

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