logo
Saudi ‘Sleeping Prince' Alwaleed bin Khalid laid to rest; funeral prayer held in Riyadh

Saudi ‘Sleeping Prince' Alwaleed bin Khalid laid to rest; funeral prayer held in Riyadh

Time of India21-07-2025
Mourners gather in Riyadh for the funeral of Prince Alwaleed bin Khalid, known as the 'Sleeping Prince'/ Image Composite: SPA/ File
TL;DR
Prince Alwaleed bin Khalid bin Talal
passed away on July 19 after being in a
coma
since 2005.
The funeral was held on July 20 in Riyadh, attended by senior royals and officials.
Condolences poured in from UAE leaders and others across the region.
Prince Alwaleed bin Khalid bin Talal Al Saud has passed away, closing a chapter marked by hope, uncertainty, and quiet resilience. For nearly two decades, he lived in a coma after a car crash in London changed the course of his life at just 15 years old.
The Saudi royal, who had once been a young cadet at a military college, spent the rest of his life under intensive care in Riyadh, watched over by his family and remembered by many in the kingdom.
His death was confirmed by the Saudi Royal Court on July 19, and funeral prayers were held a day later, on Sunday, July 20, at Riyadh's Imam Turki bin Abdullah Mosque, as reported by SPA. The moment marked the end of a long, deeply personal journey for his family, especially for his father, Prince Khaled bin Talal, who had stayed by his side and held on to the possibility of recovery.
Who Was Prince Alwaleed bin Khalid, the 'Sleeping Prince'?
Born in 1990, Prince Alwaleed was the son of Prince Khaled bin Talal Al Saud and the nephew of prominent businessman Prince Alwaleed bin Talal. In 2005, while attending military college in London, a car accident left him with a severe brain injury that resulted in a long-lasting coma. The injury caused a brain hemorrhage, and despite medical efforts, he never regained full consciousness.
He returned to Saudi Arabia soon after and was kept under round-the-clock care.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Villas For Sale in Dubai Might Surprise You
Dubai villas | search ads
Get Deals
Undo
Over the years, short clips occasionally surfaced online showing slight movements, flickers of response that his father believed were signs of hope. These moments kept the prince in the public eye and became symbols of faith and patience for many Saudis.
A Funeral Marked by Quiet Respect
On Sunday, July 20, mourners gathered at one of Riyadh's oldest and most prominent mosques to offer funeral prayers. Prince Mohammed bin Abdulrahman bin Abdulaziz, Deputy Governor of Riyadh, led the prayer.
Members of the royal family stood together, joined by high-ranking officials and ordinary citizens alike.
Among those present were the prince's father, his two brothers, and his uncle Prince Alwaleed bin Talal. Their presence marked both the closeness of the family and the weight of the loss they had carried privately for years.
There was no official ceremony beyond the prayer, just a collective acknowledgment of a quiet life and the people who never left his side.
UAE Leaders Share Their Condolences
Following the announcement of his death, condolences began arriving from across the region.
According to SPA, UAE President Sheikh Mohamed bin Zayed Al Nahyan sent a message to King Salman bin Abdulaziz, offering sympathy on behalf of the Emirati leadership. Similar messages came from Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, and Sheikh Mansour bin Zayed, Deputy Prime Minister and head of the Presidential Court.
Their responses reflected more than diplomatic protocol, they showed the deep personal and political ties that link the leadership of Gulf nations. Prince Alwaleed's passing, though quiet, stirred real emotion across borders.
Family, Faith, and a Long Wait for a Miracle
Throughout the years, Prince Khaled bin Talal often spoke publicly about his son's condition. He remained hopeful, even sharing rare footage where the prince appeared to move a hand or blink in response to sound.
Many in the kingdom saw this long vigil as an act of love and faith. The story of the Sleeping Prince wasn't just about tragedy, it became a symbol of endurance. His father's refusal to give up was both admired and deeply human.
Though Prince Alwaleed never recovered, his story stayed alive. And in that way, he was never entirely gone.
FAQ
1. Who was Prince Alwaleed bin Khalid bin Talal Al Saud?
He was a Saudi royal born in 1990, the son of Prince Khaled bin Talal and nephew of businessman Prince Alwaleed bin Talal. He fell into a coma in 2005 after a car accident and remained in that state for nearly 20 years.
2. What caused the coma?
He suffered a brain hemorrhage after a severe car crash while studying at a military college in London.
3. When and where was the funeral held?
The funeral prayer was held on Sunday, July 20, 2025, at Imam Turki bin Abdullah Mosque in Riyadh, Saudi Arabia
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

BitMine Immersion Technologies (BMNR) explodes 14% in a day, up 167% this month—will its massive Ethereum bet push the crypto stock past $50 next?
BitMine Immersion Technologies (BMNR) explodes 14% in a day, up 167% this month—will its massive Ethereum bet push the crypto stock past $50 next?

Time of India

time23 minutes ago

  • Time of India

BitMine Immersion Technologies (BMNR) explodes 14% in a day, up 167% this month—will its massive Ethereum bet push the crypto stock past $50 next?

BitMine Immersion Technologies Inc. (NYSE American: BMNR) continued its recent momentum on Wednesday, closing up 13.45% at $37.78 , a gain of $4.48 in a single trading session. This move follows weeks of intense volatility driven by the company's aggressive Ethereum accumulation strategy and renewed retail and institutional interest in crypto-linked equities. The key catalyst behind BMNR's latest move is its continued commitment to Ethereum. Over the last month, BitMine raised $250 million in private funding to build up one of the largest ETH treasuries held by a public company. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program With a growing ETH treasury, a rapidly expanding market cap, and a long list of high-profile backers, BMNR is increasingly being seen as one of the market's most speculative but potentially explosive crypto-adjacent stocks. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Belly Fat Removal Without Surgery in Algeria: The Price Might Surprise You Belly Fat Removal | Search Ads Get Info Undo How has BMNR stock performed in the past month? 1-week gain : +21.2% 1-month gain : +167% 52-week range : $1.00 – $161.00 Recent high : $97 (July 2025 intraday peak) Volume (August 6) : Over 35.3 million shares traded Since announcing its $250 million private placement to build a treasury of Ethereum, BMNR has moved from under $5 (pre-reverse split) to nearly $100, before settling near the $35–40 range this week. What is the size of BitMine's Ethereum treasury? BitMine has reportedly acquired over 833,000 ETH, which at current market prices (~$3,500 per ETH) values the company's Ethereum holdings at approximately $2.91 billion. This positions BMNR as one of the largest Ethereum-holding public companies, placing it in similar territory as corporate crypto-holders like MicroStrategy (Bitcoin) and Hive Digital (mixed assets). Live Events What are analysts and technical indicators saying about BMNR? While BMNR does not yet have coverage from major Wall Street analysts, some retail-focused platforms and chart analysts have made bullish short-term predictions based on momentum and treasury size. Technical indicators: Relative Strength Index (RSI) : Currently around 62 , indicating near overbought territory. MACD : Still in bullish crossover, suggesting positive momentum. 200-day moving average : ~$12.50 (far below current levels) Short interest : Elevated, but not extreme — potential for short squeezes remains. Forecast: Support zone : $31.70–$33.10 Resistance zone : $42.00–$45.00 3-month forecast range : $45 to $247 , depending on market volatility and ETH price 'BMNR is a speculative play, but if Ethereum continues to rise, a move toward $50 or even $75 in the next 4–6 weeks isn't off the table,' said one technical analyst on Reddit's r/stocks forum. How dependent is BMNR's stock on Ethereum price? Extremely. BMNR's value now closely tracks Ethereum price movements, given the massive ETH holdings on its balance sheet. If ETH rises to $4,000 , BMNR's treasury could exceed $3.3 billion , potentially pushing the stock above $50 . If ETH drops below $3,000 , the company's valuation could contract sharply — possibly returning the stock to the $20s . The correlation makes BMNR a high-risk proxy for Ethereum performance, especially attractive to traders wanting crypto exposure via equities. What do the financials and fundamentals say about BMNR? Despite its growing popularity, BitMine Immersion is still a pre-profit company . Based on public data from StockAnalysis, it reported just $5.45 million in revenue over the past 12 months and posted a net loss of about $6.5 million . Its EPS (earnings per share) stands at –$2.89, and it does not yet have a P/E ratio due to negative earnings. This makes BMNR a high-risk, high-reward stock driven more by sentiment, crypto market trends, and its strategic narrative than by strong fundamentals—at least for now. Still, the market cap hovers around $3.5–$4.3 billion, which is largely based on the value of its ETH holdings and future growth potential. What should investors expect next from BMNR? Short-Term Catalysts to Watch: Additional ETH purchases or staking rewards announcements Q2 earnings report (tentative: late August 2025) Any new partnership or institutional investment news Ethereum price volatility Risk Factors: BMNR is still a pre-profit company with $5.45M TTM revenue and –$6.5M net loss Massive volatility and past pump-and-dump behavior Lack of long-term operational track record or profitability Prediction: Could BMNR hit $50 soon? If Ethereum breaks $3,800–$4,000 and BMNR announces a staking revenue stream or expands its treasury, it's very possible the stock reclaims $50+ within the next 2–4 weeks. However, that would likely depend on: Continued risk-on sentiment in crypto Strong trading volumes staying consistent No dilution or negative earnings surprises A bearish ETH move could quickly send BMNR back to the $25–30 range. BitMine Immersion Technologies (BMNR) is turning heads with its Ethereum-first strategy, rapidly growing market cap, and strong momentum. But this is not a fundamentals-led trade—it's a bet on ETH, sentiment, and smart positioning. For now, the stock has the attention of both Wall Street and crypto bulls alike. Whether that continues depends heavily on ETH's path—and how well BitMine plays its cards in the weeks ahead. FAQs: What is BitMine Immersion Technologies' (BMNR) latest stock move? BMNR jumped 14% in a day , driven by its Ethereum holdings strategy. Can BMNR stock hit $50 soon? If momentum and Ethereum prices rise, BMNR could test the $50 level shortly.

US government uses ChatGPT for $1. Here's what federal government is planning
US government uses ChatGPT for $1. Here's what federal government is planning

Time of India

time23 minutes ago

  • Time of India

US government uses ChatGPT for $1. Here's what federal government is planning

OpenAI on Wednesday said it was letting the US government use a version of ChatGPT designed for businesses for a year, charging just $1 for the service. Federal workers in the executive branch will have access to ChatGPT Enterprise in a partnership with the US General Services Administration, according to the pioneering San Francisco-based artificial intelligence (AI) company. "By giving government employees access to powerful, secure AI tools, we can help them solve problems for more people, faster," OpenAI said in a blog post announcing the alliance. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program ChatGPT Enterprise does not use business data to train or improve OpenAI models and the same rule will apply to federal use, according to the company. Earlier this year, OpenAI announced an initiative focused on bringing advanced AI tools to US government workers. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Orthopedic Knee Surgeon: Suffering From Pain After Age 50? Do This Every Morning Wellnee Undo The news came with word that the US Department of Defense awarded OpenAI a $200 million contract to put generative AI to work for the military. OpenAI planned to show how cutting-edge AI can improve administrative operations, such as how service members get health care, and also has cyber defense applications, the startup said in a post. OpenAI has also launched an initiative to help countries build their own AI infrastructure, with the US government a partner in projects. Live Events The tech firm's move to put its technology at the heart of national AI platforms around the world comes as it faces competition from Chinese rival DeepSeek. DeepSeek's success in delivering powerful AI models at a lower cost has rattled Silicon Valley and multiplied calls for US big tech to protect its dominance of the emerging technology. The OpenAI for Countries initiative was launched in June under the auspices of a drive -- dubbed "Stargate" -- announced by US President Donald Trump to invest up to $500 billion in AI infrastructure in the United States. OpenAI, in "coordination" with the US government, will help countries build data centers and provide customized versions of ChatGPT, according to the tech firm. Projects are to involve "local as well as OpenAI capital." FAQs Q1. Who is President of USA? A1. President of USA is Donald Trump. Q2. Where is headquarters of OpenAI? A2. San Francisco-based artificial intelligence (AI) company is OpenAI.

Jubilant FoodWorks stays off price hikes to protect its market share
Jubilant FoodWorks stays off price hikes to protect its market share

Time of India

time25 minutes ago

  • Time of India

Jubilant FoodWorks stays off price hikes to protect its market share

Jubilant FoodWorks , the country's largest quick service chain and operator of Domino's Pizza , said it has not increased prices over the past 15 quarters and has instead relied on cost-cutting to retain market share and increase sales amid intensifying competition and subdued demand. "We have taken several initiatives to reduce costs. We run a programme where we look at all the cost-cutting items, including discounts, rider cost, manpower productivity, support function and rental renegotiations, but we will not increase prices for consumers," Sameer Khetarpal, managing director at Jubilant FoodWorks, told ET. Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program For instance, the company has shifted its corn sourcing from the US to India and is now working with local farmers to source tomatoes to reduce imports from the US. To counter the slowdown in discretionary spending, fast-food rivals have also stepped up value meals and price discounting, in addition to launching multiple menu options at lower price points. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Experts Warn If You See This Bug In Your Yard, Do This Quickly Undo "The free delivery itself was a 10% hit on our margins. If you even take 4% inflation, that's nearly 20% cost we have absorbed and not given back to the consumer," Khetarpal said. While Domino's is the market leader in the pizza segment, with about half a million pizzas sold every day on average, it trails chains such as KFC in the out-of-home chicken category. Live Events "We have enough room to go and rather than counting where we are, we want to be in all metros. We are already in 20 cities in South India with Popeyes but the magnitude of the chicken market is huge," Khetarpal said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store