"Prime Time Media is not entitled to speak on their behalf. "As for the Studio, we have built a fully equipped virtual green room for future use," he added while noting that it will be based in Washington. "Taqnia plans to launch an international online platform before the end of this year," Nakouzi said in an email Tuesday.
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He declined to comment further on the news content of the upcoming site and referred all questions to Taqnia who did not respond to CNBC's request for comment. Nakouzi confirmed to CNBC in an email several aspects of Taqnia's project, including that it will be a new online platform and that a studio has been created. Bush during the wars in Iraq and Afghanistan. While working for an Arabic television network, Nakouzi interviewed then President George W.
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Nakouzi, who, according to the disclosure, has citizenship in Lebanon but resides in the United States, has a history of working in Middle East media circles. In doing so, registrant will not participate in the dissemination of said news content." One of the documents listing Nakouzi says Prime Time Media will "assist client in the video production of English news content. The order form is marked by Taqnia ETS' logo. The lobbying filings were signed by Nakouzi last month and the purchase order included with the disclosure is dated September 2020. The purchase order included in the lobbying disclosure describes the work being done by Prime Time Media as "English content for news platform." More than $75,000 has already been spent on equipment, freelancers and a Washington, D.C., studio, the documents say. His company is getting paid at least $1.6 million, the document shows, to help guide the project. Prime Time Media's CEO, Elie Nakouzi, is assisting in the creation of the new digital news organization. One of the lobbying disclosures shows that a company called Prime Time Media is helping lead the effort. The lobbying documents give a glimpse into the upcoming Saudi-led news venture. The PIF's executive board includes members of the royal family such as the crown prince. The lobbying disclosure report says Taqnia ETS is "supervised and financed by the Saudi Ministry of Information." Taqnia's website says it is owned by the kingdom's over $ 400 billion Public Investment Fund, or PIF, the country's massive sovereign wealth fund that's meant to invest into projects and help boost Saudi Arabia's economy. PitchBook says Taqnia is based in Saudi Arabia, which "prefers to invest in the life sciences and health, security and defense, information and communication technology, material sciences, energy and environment and water technology sectors."
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The subsidiary backing the initiative is Taqnia ETS, a company that focuses on engineering and technological services for Saudi Arabia.