Jared Kushner, Friend to Mohammed bin Salman, Is Attempting to Start an Investment Firm in the Middle East
Jared Kushner has long been a friend to countries in the Middle East. Most prominent is his friendship with Saudi Crown Prince Mohammed bin Salman.
And now the former president’s son in law is seemingly trying to pay off all the favors he’s done. The New York Times reports that Kushner is looking to start a new investment firm in the Middle East.
Kate Kelly, David D. Kirkpatrick, and Alan Rappeport write, “Qatar, whose leaders saw Mr. Kushner as an opponent in the administration, declined to invest in his firm, a person familiar with those conversations said. So did the main Emirati sovereign wealth funds; Emirati rulers saw Mr. Kushner as an ally but questioned his track record in business, according to a person with knowledge of the discussions.”
The report continues, “The Saudis are more interested, according to four people briefed on their continuing negotiations. The kingdom’s $450 billion Public Investment Fund is negotiating with Mr. Kushner over what could prove to be a sizable investment in his new firm.”
Kushner, of course, had a troubling relationship with the Saudis while Donald Trump was in White House. It was widely reported that he advised Mohammed bin Salman following the murder of Jamal Khashoggi. The New York Times reported in 2018, “Kushner has offered the crown prince advice about how to weather the storm, urging him to resolve his conflicts around the region and avoid further embarrassments.”