Waleed Ben Talal is a very smart person. I believe he already bought City Group Bank Shares at a very low price and now is the time to sell them. How much will he make?..The same happened last year when he announced that he will invest 5 Bln Riyals in Saudi Arabia stock market and he focused on Al Massafy Co. shares. At that time he bought Al Massafy at a very low price and after the market went up Al Massafy share price doubled to 445
Then the market went down to where it was before and Al-Massafi Co. share price dropped to 167 in 3 weeks time. Who lost and who gained in this deal
Please be careful from the media announcements. Media in general is directed by certain nice gang.