Saudi billionaire Prince Al-Waleed released: associate

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Saudi Arabia released billionaire Prince Al-Waleed bin Talal on Saturday nearly three months after his arrest in an anti-corruption drive targeting the kingdom's elite, a business associate told AFP. "He (Prince Al-Waleed) is out," the associate said, requesting anonymity as he was not authorised to speak to the media. Prince Al-Waleed, dubbed the Warren Buffett of Saudi Arabia, was among some 350 suspects rounded up since November 4, including billionaire tycoons and ministers who were detained in Riyadh's luxury Ritz-Carlton hotel.

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