Qatari royal invested about $50 million in pro-Trump network Newsmax - The Washington Post - 0 views
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A member of the Qatari royal family invested roughly $50 million in Newsmax, according to documents and representatives for the media company and the royal, in a moment of acute Middle East tensions during the Trump administration. The investment bolstered a key conservative media outlet at a time when Qatar was facing intense diplomatic pressure from its neighbors and seeking allies in the United States.
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In 2019 and 2020, Sheikh Sultan bin Jassim Al Thani, a former Qatari government official and the owner of a London-based investment fund, Heritage Advisors, invested in Newsmax. The investment has not been previously reported.
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Before and after the investment, senior newsroom leaders urged Newsmax staff to soften coverage of Qatar, current and former employees said. A representative for Newsmax strongly disputed that the network “slanted coverage to be favorable to Qatar,” and that Ruddy had told staff not to criticize the country.
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