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Tens of Israeli businessmen visited Saudi for trade deals: media

  • By Al Mayadeen English
  • Source: Israeli Media
  • 27 May 2022 00:15
  • 3 Shares
2 Min Read

Israeli media reports that dozens of businessmen traveled to Saudi Arabia in recent months to conduct trade deals.

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  • Saudi Arabia Crown Prince Mohammed bin Salman with former US President Donald Trump adviser Jared Kushner
    Saudi Arabia Crown Prince Mohammed bin Salman with former US President Donald Trump adviser Jared Kushner

Dozens of Israeli businessmen have traveled to Saudi Arabia in recent months for trade deals, Israeli media said Thursday.

"Dozens of businessmen have traveled to Saudi Arabia in recent months using Israeli passports to conduct agriculture and cyber deals," Israeli media reported.

Affinity Partners, Jared Kushner’s latest private-equity fund, plans to invest millions of dollars of Saudi money in Israeli startups, according to people knowledgeable of the investment plan.

The fund has raised over 3 billion dollars, with 2 billion forcefully flowing from Riyadh’s sovereign-wealth fund, already eyeing two Israeli firms that it will be investing in, according to the sources cited by the Wall Street Journal.

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This would be the first (known) time that it is revealed that Saudi money will be directly going to “Israel,” which poses as KSA’s keenness to do business with “Israel,” although very surprisingly, they do not have diplomatic relations. 

Since Kushner left the White House, he has been taking on some unfinished business. Kushner, through tapping his Middle East contacts to develop his firm – a business venture that will earn him regardless of whether his investments win or fail.

Israeli media also reported that something major was going on behind the scenes between Saudi Arabia, the United States, and the Israeli occupation.

"Israel wants something out  Joe Biden's need for the Gulf states and Saudi Arabia to mitigate the surging oil prices and the Saudi's need for the recognition of [MBS] in return," Israeli Channel 13 military affairs commentator Nadav Eyal.

Eyal also said that the Israeli occupation "says that it wants broad steps of normalization. Not only flights over Saudi Arabia, but additional steps of normalization, and this is what is being talked about."

  • United States
  • Israel
  • Gulf states
  • Israeli occupation
  • Joe Biden
  • Donald Trump
  • Saudi Arabia
  • Jared Kushner

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