Unrivaled UAE investment pledged for The Telegraph in RedBird IMI takeover bid

Raad highlighted RedBird IMI’s commitment to expanding The Telegraph brand amidst challenges facing the UK and US media industries. (AFP/File)
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Updated 16 February 2024
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Unrivaled UAE investment pledged for The Telegraph in RedBird IMI takeover bid

  • Abu Dhabi-led group says it will preserve journalistic integrity, expand group if deal goes through
  • IMI CEO Rani Raad addresses takeover ‘misconception’ in newspaper column

LONDON: The chief executive of UAE-based International Media Investments has pledged unparalleled investment for The Telegraph if the company’s takeover bid is successful.

Rani Raad said in a column in the newspaper on Friday that the Emirati group could “offer investment to The Telegraph like nobody else.” IMI is providing 75 percent of the funding for RedBird IMI’s proposed deal.

In the first public comments about the bid, Raad wrote: “The motives of the people who own national newspapers matter more than ever at a time where there are legitimate fears about a post-truth world and alternative facts.

“That is even more the case when those newspapers have the history and status of The Daily and Sunday Telegraph, and The Spectator.”

Addressing what he called “several significant misconceptions,” Raad offered assurances that RedBird IMI was committed to preserving the heritage and stature of the publications and safeguarding their “distinctive editorial focus and fearless journalism.”

He said: “We are clear about what stays the same if our bid is successful: the independence, editorial integrity, and point of view of all the titles is beyond question. I can go further: the quality of the journalism and the titles are inviolable.”

Raad, a former president of CNN Commercial Worldwide, sought to allay fears that the historic newspaper group could become a PR arm of the Emirati government.

If the takeover happened, he said, RedBird — a US private equity firm contributing 25 percent of the £600m price tag — would manage The Telegraph and be shielded from external interference by legislation. 

“So let me address the elephant in the living room,” Raad said. “At IMI, we are not going to get involved in what The Telegraph reports or chooses not to write about.

“We have learned the lessons of News Corp, when promises were made that were never fully kept,” he added, referring to failed promises made during Rupert Murdoch’s takeover of The Times. “Ours meet a far higher standard of enforceability.”

Raad said no job losses were anticipated. He also highlighted RedBird IMI’s commitment to expanding The Telegraph brand amidst challenges facing the UK and US media industries.

While rival bidders — including a consortium led by hedge fund billionaires Sir Paul Marshall and Ken Griffin, and the publisher of the Daily Mail — remain interested in acquiring The Telegraph, the deal with RedBird IMI faces various obstacles. These include cross-party opposition from Britain’s parliament and scrutiny from Ofcom, the UK’s media regulator.

Signaling its ongoing investment strategy, RedBird IMI announced on Friday it had acquired British production and distribution company All3Media for a reported $1.45 billion.


Dark times under Syria’s Assad hit Arab screens for Ramadan

Updated 23 February 2026
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Dark times under Syria’s Assad hit Arab screens for Ramadan

  • Talking about Syria’s prisons and the torture, enforced disappearances and executions that took place there was taboo during half a century of the Assad family’s iron-fisted rule

 

BEIRUT: A Syrian prison warden screams at a group of chained, crouching inmates in a harrowing scene from one of several Ramadan television series this year that tackle the era of former ruler Bashar Assad.
Talking about Syria’s prisons and the torture, enforced disappearances and executions that took place there was taboo during half a century of the Assad family’s iron-fisted rule, but the topics are now fertile ground for creative productions, though not without controversy.
An abandoned soap factory north of the Lebanese capital Beirut has been transformed into a replica of the basements and corridors of Syria’s Saydnaya prison, a facility synonymous with horror under Assad, for the series “Going Out to the Well.”
Crews were filming the last episodes this week as the Muslim holy month kicked off — primetime viewing in the Arab world, with channels and outlets furiously competing for eager audiences’ attention.
Director Mohammed Lutfi told AFP that “for Syrians, Saydnaya prison is a dark place, full of stories and tales.”
The series focuses on the 2008 prison riots in Saydnaya, “when inmates revolted against the soldiers and took control of the prison, and there were negotiations between them and Syrian intelligence services,” he said.
The military prison, one of Syria’s largest and which also held political prisoners, remains an open wound for thousands of families still looking for traces of their loved ones.

Tragedy into drama

The Association of Detainees and Missing Persons of Saydnaya Prison estimates that some 30,000 people were thrown into the facility after the 2011 uprising against Assad began, but only 6,000 came out after he was toppled.
Amnesty International has described the prison outside Damascus, which was notorious for torture and enforced disappearances, as a “human slaughterhouse.”
In the opening scene of the series, the main character is seen in a tense exchange with his family before jumping into a deep well.

A local guides journalists visiting the Palmyra Prison Complex formerly used by the ousted Assad government in Syria's central city of Palmyra on February 7, 2025. (AFP)

The symbolic scene in part captures the struggles of the detainees’ relatives. Many spent years going from one Assad-era security facility to another in search of their missing family members.
Syrian writer Samer Radwan said on Facebook that he finished writing the series several months before Assad’s fall.
Director Lutfi had previously told AFP that challenges including actors’ fears of the Assad authorities’ reaction had prevented filming until after his ouster.
Since then, productions have jumped on the chance to finally tackle issues related to his family’s brutal rule.
Another series titled “Caesar, no time, no place” presents testimonies and experiences based on true stories from inside Syria’s prisons during the civil war, which erupted in 2011.
But in a statement this week, the Caesar Families Association strongly rejected “transforming our tragedy into dramatic material to be shown on screen.”
“Justice is sought in court, not in film studios,” said the association, whose name refers to thousands of images smuggled out of Syria more than a decade ago showing bodies of people tortured and starved to death in the country’s prisons.

Refugees
Another series, “Governorate 15,” sees two Saydnaya inmates, one Lebanese and one Syrian, leave the facility after Assad’s fall and return to their families.
Producer Marwan Haddad said that the series tackles the period of “the Syrian presence in Lebanon” through the Lebanese character.
The show also addresses the Syria refugee crisis through the story of the Syrian character’s family, who fled to the struggling neighboring country to escape the civil war.
“For years we said we didn’t want Lebanon to be (Syria’s) 15th province” and each person fought it in their own way, said Lebanese screenwriter Carine Rizkallah.
Under Assad’s father Hafez, Syria’s army entered Lebanon in 1976 during the country’s civil war and only left in 2005 after dominating all aspects of Lebanese life for almost three decades.
It was also accused of numerous political assassinations.
Lebanese director Samir Habchy said that the actors represent their “own community’s problems” in the “Lebanese-Syrian series.”
The show could prove controversial because it includes real people who “are still alive and will see themselves” in the episodes, he added.