Al Jazeera Media Network 1 November 1996 following the closure of the first BBC Arabic language television station, then a joint venture with Orbit Communications Company, owned by Saudi King Fahd's cousin, Khalid bin Faisal Al Saud. The BBC channel had closed after a year and a half when the Saudi government attempted to thwart a documentary pertaining to executions under sharia law. The Emir of Qatar, Sheikh Hamad bin Khalifa, provided a loan of QAR 500 million ($137 million) to sustain Al Jazeera through its first five years, as Hugh Miles detailed in his book "Al Jazeera: The Inside Story of the Arab
Al Jazeera of public opinion. Its coverage often determines what becomes a story and what does not, as well as how Arab viewers think about issues. Whether in Saudi Arabia, Egypt, Jordan, or Syria, the stories highlighted and the criticisms aired by guests on Al Jazeera's news programs have often significantly affected the course of events in the region. In Palestine, the station's influence is particularly strong. Recent polling indicates that in the West Bank and Gaza, Al Jazeera is the primary news source for an astounding 53.4 percent of Palestinian viewers. The second and third most watched channels, Palestine TV and