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Saudi Prince Walid bin Talal buys luxury Canada hotel

Billionaire Saudi Prince Walid bin Talal’s Kingdom Holding investment group said Saturday it has purchased the luxury hotel Four Seasons Toronto, Canada for $200 million. “The transaction was funded by a $130 million mortgage loan while $70 million came from (the company’s) own resources,” Hazem al-Dosari, a Kingdom Holding Company…

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Click here to read the full story: Al Arabiya

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