Will a Saudi investment secure Israeli protection?
Newsrael News Desk 09.05.2022
$2 billion that Saudi Arabia intends to invest in Israeli companies shows its willingness to take part in the Israeli economy but mainly to promote political relations between the two countries.
The Wall Street Journal's report over the weekend on raising $ 2 billion from the Saudi Wealth Fund for Investment in Israel through the Jared Kushner Fund is a significant step forward in relations between the two countries and has great political significance. According to the report, this is a direct investment of Saudi money in Israeli companies - a much more symbolic move that indicates both the Saudi Kingdom's desire to take part in the Israeli economy, and the removal of barriers in direct contact with Israel.
As reported by Globes
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