Sabih al-Masri released by Saudi authorities following his detention last week

Palestinian billionaire businessman Sabih al-Masri has been released by Saudi authorities following his detention last week.

Al-Masri told the Reuters news agency on Sunday that he was treated with “respect” by the Saudis and would be returning to the Jordanian capital, Amman, upon the conclusion of business meetings this week.

In the meantime, he had returned to his home in Riyadh, the news agency reported.

The 80-year-old founder of Zara Investment Holding and chairman of the Arab Bank was held in the Saudi capital for questioning last week about “information related to corruption”, according to the Arab news website Rai al-Youm.

There were no formal charges against al-Masri, who reportedly also holds Saudi and Jordanian citizenship.

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