Jared Kushner, Friend to Mohammed bin Salman, Is Attempting to Start an Investment Firm in the Middle East

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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.

WASHINGTON, DC – MARCH 20: White House senior adviser Jared Kushner stands among Saudi officials as President Donald Trump talks with Crown Prince Mohammad bin Salman of the Kingdom of Saudi Arabia during a meeting in the Oval Office at the White House on Tuesday, March 20, 2018 in Washington, DC. (Photo by Jabin Botsford/The Washington Post via Getty Images)

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.”

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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.”

 

Todd Neikirk is a New Jersey based politics and technology writer. His work has been featured in psfk.com, foxsports.com and Pet Lifestyles Magazine. He enjoys sports, politics, technology and spending time at the shore with his family.





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