The American newspaper "New York Times" revealed today, Saturday, that Jared Kushner, an advisor to former US President Donald Trump, is looking to raise funds for his new investment company, as his eyes are beginning to turn towards the Middle East.
And the newspaper pointed out in its report that the steps taken by Kushner "raise the astonishment of diplomats", as he seeks to raise funds from the Gulf countries for his new company.
Several sources revealed to the New York Times that "the Saudis are more interested" in investing with Kushner through the Kingdom's Public Investment Fund, which has about $450 billion in assets, as negotiations are taking place that are expected to lead to a "large investment."
Although Kushner refused to reveal the details - the newspaper says - but an informed source said: "He hopes to raise billions of dollars by early 2022."
The newspaper quoted an informed source that Qatar "refused to invest in Kushner's new company," as did the UAE, "as it sees him as their ally, but his business record" was not impressive enough to invest in his company.
The newspaper added: "Kushner was able to build personal friendship with Saudi Crown Prince Mohammed bin Salman, support the rulers of the Emirates in their dispute with Qatar, and contribute to building relations between Gulf states and Israel."
And the newspaper continued, "Kushner, who is Trump's son-in-law, played a leading role while in the White House in defending Prince Mohammed bin Salman after US intelligence agencies concluded that he ordered the killing of Jamal Khashoggi."
In the event that Kushner receives investment support from Saudi Arabia, he will not be the first official in the previous Trump administration to obtain lucrative investment deals with the Gulf countries, as the former Treasury Secretary, Steven Mnuchin, received investments from the Gulf.
Kushner, a wealthy real estate mogul, married in 2009 to Trump's daughter, Ivanka, who converted to Judaism for him.
Before entering as an adviser to Trump in the White House, he devoted his time to his work in real estate, and to his newspaper, The New York Observer, which he bought in 2006.
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