Turkey Seizes Assets of Presidential Ally Who Flipped

The Turkish government seized the assets of a gold trader and his family on Friday, in retaliation for his testimony implicating President Recep Tayyip Erdogan and other high-ranking officials in a multibillion-dollar scheme to bust Iran sanctions.

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Anti-Corruption Campaign in Saudi Brings Hope to Businessmen

Lebanon-based businessmen who lost enterprises through dealings with members of Saudi Arabia’s royal family and others in the kingdom are closely watching a new campaign led by the powerful crown prince targeting officials, princes and tycoons in the oil-rich kingdom, hoping it will help them win back what they lost over the years.

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