Sultan Muhammad Abuljadayel has taken a stake of between 25% and 50% in Independent Digital News and Media, the holding company of the Independent, according to filings at Companies House. Either way, Evgeny Lebedev, the owner of the Indpdendent’s parent company, ESI Media, has seen his shareholding fall below 50%. The Independent has written a number of articles questioning Saudi Arabia’s foreign policy. Lebedev announced in February 2016 that the Independent and Independent on Sunday would cease printing as newspapers and go online only. The new investment and the guarantee of editorial independence will allow the Independent to flourish into the future.”

Source: The Guardian July 28, 2017 23:00 UTC