dubai media forum

RedBird boss describes failed Telegraph takeover as ‘a shame’ in first comments since deal collapsed

Rani Raad says failure of bid, blocked by UK legislation banning foreign governments from owning national newspapers, would weaken the publication’s brand
His Abu-Dhabi-backed investment group is now focusing on selling the titles at a premium and looking at other opportunities

By Nadia Al-Faour · 28 May 2024