Prince Alwaleed bin Talal, the Saudi Arabian billionaire investor who owns stakes in Apple and Twitter, has hit out at Barack Obama’s willingness to accept a deal with Iran over its nuclear programme, labelling the US president as being “in a rush” and “wounded”.

Speaking to Bloomberg prior to Sunday morning’s announcement that the Islamic Republic had come to an agreement with six world powers following talks in Geneva, Alwaleed argued that the US should have kept up economic sanctions, rather than move towards any relief.

“There’s no confidence in the Obama administration doing the right thing with Iran,” Alwaleed told the US news service. “We’re really concerned – Israel, Saudi Arabia, the Middle East countries, about this.”

Alwaleed, who took the unusual step of referring to Israel as part of a collective alongside Arab countries, suggested that Obama had encouraged a deal in a bid to bolster his reputation domestically.  “Obama is in so much of a rush to have a deal with Iran,” he continued. “He wants anything. He’s so wounded. It’s very scary. Look, the 2014 elections are going to begin. Within two months they’re going to start campaigning. Thirty-nine members of his own party in the House have already moved away from him on Obamacare. That’s scary for him.” see more

source: arabianbusiness