Jared Kushner Facilitating Investments of Saudi Money to Israel

NEW YORK (VINnews) — Jared Kushner is helping to pump Saudi money into Israeli companies.

According to the Wall St. Journal, Saudi Arabia is planning to invest millions of dollars in Israeli tech companies through Mr. Kushner’s new private equity firm, Affinity Partners.

Mr. Kushner set up the firm several months ago, raising $3 billion in pledges from multiple sources, including the Saudi Public Investment Fund. Part of his pitch for Israeli tech companies was offering investors a chance to be part of the “Silicon Valley of the Middle East.”

According to one report, Saudi advisors were at first hesitant to contribute to Mr. Kushner’s fund, but Crown Prince Mohammed Bin Salman (MBS) intervened and locked up the investment. Mr. Kushner and MBS worked closely together on diplomatic issues and weapons deals during President Trump’s years in the White House.

One of Mr. Kushner’s many great achievements during Trump’s presidency was brokering peace deals known as the “Abraham Accords” between Israel and many of its Arab enemies.

Much of his emphasis while architecting Trump’s Middle East policy was on peace nurtured through investment and economic development

In an interview, Mr. Kushner said he viewed his investment plans as an extension of his work in advancing relations between Israel and Arab states, which for years refused to normalize ties with Israel without the creation of a Palestinian state.

“If we can get Israelis and Muslims in the region to do business together it will focus people on shared interests and shared values,” he said. “We kicked off historic regional change which needs to be reinforced and nurtured to achieve its potential.”

It has also been reported that Mr. Kushner plans to open an office in Israel to promote business ties between Israel, India, Gulf states, and North Africa.