Billionaire Saudi banking tycoon dead at 79, family says

Billionaire Saudibusinessman Saleh Abdullah Kamel, who founded the banking and real estate conglomerate Dallah Albaraka Group, has died, according to relatives quoted in the kingdom’s media. He was 79.People close to Kamel told The Associated Presshe died at the Dr. Samir Abbas Hospital in the city of Jiddah, where he was taken after suffering a heart attack early on Tuesday.Kamel’s business empire grew from its humble beginnings in the late 1960’s – at the same time that the kingdom was using its oil wealthto rapidly develop and in need of homegrown companies to build roads, highways and citi…

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