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The Israeli occupation targets Deir Keefa in South Lebanon with 2 surface-to-surface missiles
Philippe Lazzarini: The famine in Gaza is a direct result of banning food and other basic supplies for months including from UNRWA .
Philippe Lazzarini: The spread of famine can still be controlled by a ceasefire and allowing humanitarian organizations to do their work and reach starving people with aid.
The United Nations on the Israeli-induced famine in Gaza: The starvation of civilians for military objectives is a war crime.
UNRWA Commissioner-General Philippe Lazzarini: famine is now confirmed in Gaza city. This is starvation by design and manmade by the Government of Israel.
More than 30 people have been martyred in Gaza since Friday dawn in Israeli bombardment targeting refugee camps throughout the blockaded strip.
Al Mayadeen correspondent: The Israeli occupation forces are carrying out demolitions of residential buildings in Gaza's al-Tuffah neighborhood amid intensifying airstrikes.
Israeli media: A man is critically wounded from a shooting near Malachi Hashalom between Ramallah and Nablus, and ambulance crews are on their way to the scene.
Al Mayadeen correspondent: One person was martyred in an Israeli airstrike that targeted a motorcycle in southern Lebanon's Deir Saryan.
Al Mayadeen's correspondent to Southern Lebanon: An Israeli drone strike on a motorcycle in the town of Deir Saryan left one civilian injured

Saudi Prince AlWaleed Bin Talal to keep shares in Musk's Twitter

  • By Al Mayadeen English
  • Source: Agencies
  • 29 Oct 2022 12:23
2 Min Read

An estimated $1.89 billion is expected to roll over to now-owner of Twitter, Elon Musk.

  • x
  • Saudi Prince Al Waleed Bin Talal (TechCrunch)
    Saudi Prince Al Waleed Bin Talal (TechCrunch)

Following tech mogul Elon Musk's infamous Twitter takeover, Saudi Prince Alwaleed bin Talal announced on Saturday that he will maintain his partial share of the social media platform.

In a tweet released by Bin Talal’s Kingdom Holding Company, it was confirmed that its Twitter stock, valued at $1.89 billion, will roll over to Twitter, now owned and led by Musk. This makes Bin Talal the second-largest investor, following Musk. 

Related News

KSA's Alwaleed to sell 16.87% of Kingdom Holding to PIF

Elon Musk up to paying $15bn to take over Twitter

A $300 million joint investment in Twitter was made by the prince and Kingdom in 2011, and his stake was increased in 2015. He agreed in May to roll the stake worth $1.89 billion into Elon Musk's takeover deal rather than cash out.

Dear friend "Chief Twit" @elonmusk

Together all the way 🤝🏻 @Twitter https://t.co/J9rnd013xz pic.twitter.com/bXo6RUaUwk

— الوليد بن طلال (@Alwaleed_Talal) October 28, 2022

While Bin Talal remains the company's chairman, his authority over the company was called into question by the US media, including the Wall Street Journal, after it was revealed that the Saudi royal - a cousin of the crown prince - had been held captive at the Ritz Carlton in Riyadh for 83 days. Tensions slight rose when Talal criticized Musk’s intentions to buy Twitter by stating that the offer was not sufficient to which Musk responded by criticizing the restrictrions on free speech in Saudi Arabia.

Musk has promised to turn down content moderation to a minimum since he took control of Twitter..

  • Alwaleed Bin Talal
  • US
  • Prince Alwaleed bin Talal
  • Elon Musk
  • Twitter
  • Saudi Arabia

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