Prince Alwaleed bin Talal, the richest man in the Arab world, plunges three hundred million pounds on the site, the acquisition of a stake of 3.75% on Twitter

Saudi billionaire Prince Alwaleed bin Talal

, the richest man in the Arab world and the second largest shareholder in News Corporation after Rupert Murdoch, acquired a $ 300 million (£ 193m) in Twitter.

Alwaleed, a nephew of Saudi King by Forbes magazine estimated net worth of about $ 20 billion, has received a share estimated at about 3.75% at the site of micro blogging-after "months of negotiations."

The moment that your investment has attracted the attention given the key role of Twitter as a tool for activists in the Arab Middle East to organize protests and express their opposition to oppressive regimes. Several Arabs were concerned that Twitter buys Alwaleed could influence the strategy of negative Twitter

Although Arab accounts only 1.2% of all public tweets, the volume of messages has become a factor of 22 over the years mainly because of the Arab riots of spring, according to Semiocast with French research firm.

The micro-blogging site has more than 100 million active users.

Alwaleed acquired jointly with Kingdom Holding Company, the investment vehicle, which has a number of companies. Earlier this year, the company announced an agreement for £ 736 000 000 to build the tallest tower in the world in the Red Sea city of Jeddah in Saudi Arabia.

The prince has a wide range of media interests, including a 30% interest in a publishing company that operates influential Arabic-language newspaper Asharq al-Awsat, and plans to launch a channel new Arab seeks to challenge the established players such as Al Jazeera.

"Our investment in Twitter reaffirms our ability to identify appropriate opportunities to invest in promising high-growth companies with a global impact," said Alwaleed.

The wife of Prince, Princess al-Tawil Ameerah is a regular Twitter user with more than 83,000 followers on the site.

Research firm eMarketer estimates
KHC Alwaleed holds stakes in companies such as Citigroup, Disney, Apple and Canary Wharf.

In the mid-1990s, interest in the American entertainment industry led to a joint venture with Michael Jackson. United was launched entertainment, film processing, books, hotels, recordings and theme parks all based on "family values", but the project eventually failed.

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