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Saudi Ritz-Carlton used as prison re-opens to the public

12 February 2018

The polite welcome was a far cry from the scene on November 4 when police cars surrounded the five-star hotel and its imposing gates clamped shut as Crown Prince Mohammed bin Salman ordered the detention of princes, ministers and tycoons, in a campaign that sent shock waves through business circles.

Billionaire Prince Alwaleed bin Talal, a major investor in Western firms, was among those held at the hotel for more than 80 days until his release last month.

The 56 - are believed to have been moved from the hotel to prison after failing to reach settlements; they may stand trial. "We served guests then, we are serving guests now". This will boast an open buffet by all the hotel's restaurants with 33 live cooking stations and 700 food items and a journey between different culinary cousins around the famous palatial swimming pool.

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He was freed from the hotel prison.

At the end of January the Saudi prosecutor general's office said more than $100bn (£72bn) had been recovered to fill a gap in public finances. And as with so much in the process, their fate remains unclear.

Total settlements with the suspects had topped $107 billion (87 billion euros) in various forms of assets handed over that included property, securities and cash, he said.

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With the price of oil running low and the wheels falling off the economy, Prince Mohammed bin Salman decided late previous year that it was time to make some extra money. And critics have accused Mohammed of making a power grab. After opening up their wallets, most have been released.

The Ritz-Carlton Hotel in Riyadh, where dozens of high-profile Saudis were detained on corruption charges, will resume to guests on Sunday, Feb. 11 a source within the hotel confirmed to Arab News.

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Saudi Ritz-Carlton used as prison re-opens to the public