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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSaudi Arabia Reportedly Will Invest In Israel Through Jared Kushner's Fund
Topline
Affinity Partners, a new private-equity fund started by Jared Kushner, plans to invest money from Saudi Arabias sovereign wealth fund in Israeli businesses, the Wall Street Journal reported Saturday, marking the first time the giant Saudi fund has invested in Israel, with which the Saudi government does not have a formal diplomatic relationship.
Key Facts
Affinity Partners has selected at least two Israeli startups to invest in, people familiar with the plans told the Journal.
Affinity Partners has raised more than $3 billion, which includes a $2 billion commitment from the Saudi Public Investment Fund.
After Saudi officials agreed Affinity Partners could invest in Israel, Kushner, who played a leading role in the Middle East policy of his father-in-law Donald Trumps presidential administration, met with dozens of companies ranging from agriculture to healthcare to software, people familiar with the meetings told the Journal.
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https://www.msn.com/en-us/money/news/saudi-arabia-reportedly-will-invest-in-israel-through-jared-kushners-fund/ar-AAX1txL
brush
(53,922 posts)Why has no one thought of this before? Because it's nuts.
The Saudis have gone crazy since MBS nudged his father aside and became besties with Jared effin' Kushner. Jared effin' Kushner, the one who tipped him off as to the activities and whereabouts of the since-butchered WAPO journalist. The one who was in charge of everything in the trump debacle of an admin. The one who was also in charge of that admin's failed covid policy of denied covid aid to blues states. The one who was in charge of the Middle East too who accomplished nothing but getting himself bailed out of his disastrous 666 Fifth Ave. investment in NY (the only success he had).
Yeah, that guy. Saudi money to Israeli companiesoil and water. Can't wait. Nothing will go wrong, until something does.