Arab Press

بالشعب و للشعب
Saturday, Jul 12, 2025

Jared Kushner in talks with Saudi Arabia to receive $2bn for investment firm

Jared Kushner in talks with Saudi Arabia to receive $2bn for investment firm

The money will come from Saudi Arabia's Public Investment Fund, according to journalism studio Project Brazen

Jared Kushner, former White House adviser and son-in-law of former US President Donald Trump, is reportedly in talks to receive upwards of $2bn from Saudi Arabia for his private equity firm, according to the journalism studio Project Brazen.

The studio, founded by former Wall Street Journal reporters, reported that the money will come from Riyadh's Public Investment Fund (PIF), which is chaired by Saudi Crown Prince Mohammed bin Salman, and the fund for the equity firm could eventually reach up to $5bn. However, the target size is unclear.

Sources told the reporters that Kushner has been debating how to limit the impact of having Saudi Arabia as a key investor in the new investment firm.

The Saudi embassy in Washington did not respond to Middle East Eye's request for comment on the matter.

In July, news emerged that the former White House adviser was starting his own investment firm called Affinity Partners, in a move that would see him leave the political arena for the foreseeable future. Reuters reported at the time that he was seeking to open an office in Israel.

Close relationship


Kushner has developed a close relationship with several senior figures throughout the Middle East including bin Salman, also known by his initials MBS, with who he has been engaging for years through emails, text messages, and other forms of contact, according to a report by The New York Times.

During his time in the Trump administration, the Saudi royal family gifted him two swords and a dagger worth nearly $48,000, which he ended up paying the US government for after leaving office.

Trump's son-in-law was also influential in the establishment of the normalisation agreements between Israel and four countries, the United Arab Emirates (UAE), Bahrain, Sudan, and Morocco.

Earlier this year, he founded the Abraham Accords Institute for Peace, which will focus on boosting trade and tourism between the four Arab states and Israel.

The Project Brazen report also comes a month after former Treasury Secretary Steven Mnuchin received $2.5bn for his new private investment firm Liberty Strategic Capital. The firm also received funds from Saudi Arabia's PIF and other Middle East countries, according to The Times.

During their time in office, both Kushner and Mnuchin travelled to attend Saudi Arabia's Future Investment Initiative in 2019, just one year after a number of businesses and politicians boycotted the event over the killing of Saudi journalist Jamal Khashoggi.

Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Kurdistan Workers Party Takes Symbolic Step Towards Peace in Northern Iraq
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
AI Raises Alarms Over Long-Term Job Security
Russia Formally Recognizes Taliban Government in Afghanistan
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Mediators Edge Closer to Israel-Hamas Ceasefire Agreement
Germany Seeks Taliban Deal to Deport Afghan Migrants
Emirates Airline Expands Market Share with New $20 Million Campaign
Robots Compete in Football Tournament in China Amid Injuries
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Qatar Airways Clears Backlog of Passengers Following Missile Threats
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
Iran Conducts Ballistic Missile Launches Amid Heightened Tensions with Israel
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
UK Deploys Jets to Middle East Amid Rising Tensions
Exiled Iranian Prince Reza Pahlavi Urges Overthrow of Khamenei Regime
×