Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
The White House: South Africa used its G20 presidency to undermine the group's founding principles.
US White House: South Africa refuses to facilitate a smooth transition of the G20 presidency
Al Mayadeen's correspondent in Caracas: Several airlines are canceling flights to and from Venezuela until further notice
Al-Rashq: 'Israel' is fabricating pretexts to evade the agreement and return to a war of extermination, and it is the one that violates the agreement daily and systematically
Al-Rashq: We demand that mediators and the US administration pressure 'Israel' to reveal the identity of the gunman it claims Hamas sent
Hamas political bureau member Izzat al-Rashq: Reports published by Israeli sources regarding Hamas informing Witkoff that the agreement has ended are false
Al-Dali: Various Palestinian factions will participate in these important national meetings
Al-Dali: The visit carries important implications, and this is proof that Hamas attaches particular importance to this visit, given the sensitivity of the current stage
Al-Dali: The goal is to coordinate positions with Arab countries and strengthen the Palestinian national position in the face of Israeli plans
Al-Dali: A Hamas leadership delegation, headed by Khalil al-Hayya, will arrive in Cairo within the next few hours

Democratic US senator wants probe into Saudi firm's stake in Twitter

  • By Al Mayadeen English
  • Source: Agencies
  • 1 Nov 2022 18:41
2 Min Read

Democratic US Senator wants to review Saudi stakes in Twitter after Elon Musk's acquisition into the company.

  • x
  • U.S. Sen. Chris Murphy (D-CT) speaks at an event opening a temporary memorial honoring 45,000 lives lost due to gun violence in 2020 on the National Mall near the Washington Monument in Washington, US, June 7, 2022. Source|: REUTERS/Leah Millis
    US Sen. Chris Murphy (D-CT) (Reuters)

Following Elon Musk's acquisition of Twitter Inc., Democratic US Senator Chris Murphy stated on Monday that he wants a US national security review of a Saudi Arabian conglomerate's stake in the social media company.

Murphy stated that he was requesting that the Committee on Foreign Investment in the United States (CFIUS), which evaluates foreign purchases of American companies, "conduct an investigation into the national security implications of Saudi Arabia's purchase of Twitter."

Read next: Elon Musk fires entire board of directors, becomes sole director

The majority of foreign investors looking to acquire even noncontrolling stakes in American businesses must obtain CFIUS approval, a strong committee run by the Treasury that examines transactions for potential national security risks and has the authority to halt them.

According to a tweet from Prince Alwaleed bin Talal, the Kingdom Holding Company of Saudi Arabia and the prince's private office announced on Friday that they would keep holding shares of Twitter worth $1.89 billion. "The deal is in line with the long-term investment strategy which Kingdom Holding Company is known for," the statement said.

Dear friend "Chief Twit" @elonmusk

Together all the way 🤝🏻 @Twitter https://t.co/J9rnd013xz pic.twitter.com/bXo6RUaUwk

— الوليد بن طلال (@Alwaleed_Talal) October 28, 2022

The sovereign wealth fund of Saudi Arabia, which is led by Crown Prince Mohammed bin Salman, owns 16.9% of Alwaleed's Kingdom Holding.

Read next: Splitting Twitter into strands to stage rows possible: Musk

"We should be concerned that the Saudis, who have a clear interest in repressing political speech and impacting US politics, are now the second-largest owner of a major social media platform," Murphy wrote on Twitter. "There is a clear national security issue at stake and CFIUS should do a review."

The Saudi Embassy in Washington declined to respond right away. A request for comment from Twitter did not immediately receive a response. The US Treasury, which oversees CFIUS, declined to comment through a spokesman.

The $44 billion deal to take Twitter private that Musk announced in April was finalized last week. A total of thirteen billion dollars in debt financing have been committed by banks, including Morgan Stanley (MS.N) and Bank of America Corp (BAC.N).

  • United States
  • Chris Murphy
  • US Senator
  • Democratic Party
  • Elon Musk
  • Twitter
  • Saudi Arabia

Most Read

Inside the Epstein-Rothschild web behind 'Israel’s' spy tech empire

Inside the Epstein-Rothschild web behind 'Israel’s' spy tech empire

  • Politics
  • 19 Nov 2025
Hamas fighters stand in formation as they prepare for the ceremony of Israeli captive hand over to the Red Cross in Nuseirat, central Gaza Strip, Feb. 22, 2025. (AP)

US plot for Gaza in shambles amid continued popular support for Hamas

  • Politics
  • 17 Nov 2025
Ukrainian political analyst Mikhail Chaplyha has written that Jolie was ‘called’ to Kherson in order to divert attention from Pokrovsk. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

Strategic cities fall to Russian forces in Donbass; Ukraine denies what is happening

  • Opinion
  • 16 Nov 2025
Democracy at the civilizational crossroads: Critical analysis of bourgeois Democracy, its alternatives

Democracy at the civilizational crossroads: Critical analysis of bourgeois Democracy, its alternatives

  • Analysis
  • 19 Nov 2025

Coverage

All
In Five

Read Next

All
Nahdlatul Ulama chief faces removal over hosting pro-'Israel' speaker
Asia

Nahdlatul Ulama chief faces removal over hosting pro-'Israel' speaker

A boy tries to stand near missiles displayed in the National Aerospace Park of the Revolutionary Guard, just outside Tehran, Iran, Thursday, Nov. 13, 2025 (AP)
Politics

Key Israeli sites destroyed, nuclear docs moved to Tehran: Minister

Guy Pearce
Asia Pacific

Aussie actor 'disgusted' by Israeli 'disdain' for Palestinian life

Brigadier General Ali Jahanshahi, the newly appointed commander of the Iranian ground forces, in an undated photo (MNA)
Politics

Ali Jahanshahi appointed as new commander of Iran Army Ground Force

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS