Saudi ArabiaBusiness & Economy
The Saudi royal family property in Britain
The British daily the " Times" issues on Saturday in London said that the oil-rich Saudi royal family has recently bought a complete square in one of the most luxurious quarters in London called Berkley at a value of 335 million Sterling Pound, estimated at USD 400 million.
The paper added that the Saudi prince al-Walid Bin Talal Bin Abdul Aziz won others who participated in the bid to buy several real estates situated in this luxurious square in the downtown of London, following intensive negotiations, noting that among the bidders to buy these real estates were rich British people.
The paper continued that this deal is part of a large investment works for the said Saudi prince in London especially in real estate investments.
