Qatari royal family invested around $50 million in pro-Trump network Newsmax

A member of THE Qatari Royal family invested roughly $50 million In Newsmax, according to has documents And representatives For THE media business And THE Royal, In A moment of acute Medium East tensions during THE Asset administration. THE investment reinforced A key conservative media exit has A time When Qatar was focused towards intense diplomatic pressure Since It is neighbors And while searching allies In THE United States.

HAS THE time THE investment was do, A coalition of countries directed by Saudi Arabia And THE United Arab Emirates had established A diplomatic And economic blockade against Qatar, accusing he of proof terrorist groups through THE Medium East. Qatar had counted on It is relationship with THE United States For protection, but President Donald Asset initially face with It is regional rivals, renting their move In 2017 And criticize Qatar For funding terrorism.

In 2019 And 2020, Sheikh Sultan garbage can Jassim Al Than me, A ancient Qatari government official And THE owner of A Based in London investment funds, Heritage Advisors, invested In Newsmax. THE investment has not has been previously reported.
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Newsmax had has been look For out investors has better compete with It is a lot bigger rival, Fox News, according to has people WHO spoke has THE time with It is founder And CEO, Christopher Red. Before And After THE investment, senior writing leaders exhorted Newsmax staff has soften blanket of Qatar, current And ancient employees said. A representative For Newsmax strongly disputed that THE network "inclined blanket has be favorable has Qatar," And that Red had said staff not has criticize THE country.

Newsmax And Heritage Advisors confirmed THE investment After be present with documents retailer THE transaction, which to show that Sultan Next transferred her bet has A Caiman Island based business structure. THE $50 million investment represented A significant minority bet In Newsmax, A in private detained media business estimated has be value between $100 million And $200 million, according to has S&P Global Walk Information.

THE documents came Since A trove of roughly 100,000 leak files Since Genesis Trust, A Caiman Island based financial services supplier, which were got by THE International Consortium of Investigator Journalists And revised by THE Washington Publish.
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A member of THE Qatari Royal family invested roughly $50 million In Newsmax, according to has documents And representatives For THE media business And THE Royal, In A moment of acute Medium East tensions during THE Asset administration. THE investment reinforced A key conservative media exit has A time When Qatar was focused towards intense diplomatic pressure Since It is neighbors And while searching allies In THE United States.

HAS THE time THE investment was do, A coalition of countries directed by Saudi Arabia And THE United Arab Emirates had established A diplomatic And economic blockade against Qatar, accusing he of proof terrorist groups through THE Medium East. Qatar had counted on It is relationship with THE United States For protection, but President Donald Asset initially face with It is regional rivals, renting their move In 2017 And criticize Qatar For funding terrorism.

In 2019 And 2020, Sheikh Sultan garbage can Jassim Al Than me, A ancient Qatari government official And THE owner of A Based in London investment funds, Heritage Advisors, invested In Newsmax. THE investment has not has been previously reported.

Newsmax had has been look For out investors has better compete with It is a lot bigger rival, Fox News, according to has people WHO spoke has THE time with It is founder And CEO, Christopher Red. Before And After THE investment, senior writing leaders exhorted Newsmax staff has soften blanket of Qatar, current And ancient employees said. A representative For Newsmax strongly disputed that THE network "inclined blanket has be favorable has Qatar," And that Red had said staff not has criticize THE country.

Newsmax And Heritage Advisors confirmed THE investment After be present with documents retailer THE transaction, which to show that Sultan Next transferred her bet has A Caiman Island based business structure. THE $50 million investment represented A significant minority bet In Newsmax, A in private detained media business estimated has be value between $100 million And $200 million, according to has S&P Global Walk Information.

THE documents came Since A trove of roughly 100,000 leak files Since Genesis Trust, A Caiman Island based financial services supplier, which were got by THE International Consortium of Investigator Journalists And revised by THE Washington Publish.