Trump’s son-in-law Jared Kushner is reportedly trying to raise capital for his investment firm by turning to Middle East leaders after negotiating several treaties in the region while working at the White House.
- According to The New York Times, Kushner has reached out to the leaders of Saudi Arabia, Qatar, the United Arab Emirates and other Persian Gulf states.
- Former Senior Adviser to President Trump Is Trying to Get Support for His New Investment Firm, Affinity Partners
- The former director of the Office of American Innovation has reportedly not been completely successful in his efforts
- The Times reported that the rulers of both Qatar and the United Arab Emirates have refused to invest in Affinity.
- However, Kushner has reportedly received interest from Saudi Arabia and the kingdom’s $450 billion Public Investment Fund.
Former President Trump’s son-in-law Jared Kushner is reportedly reaching out to some of the connections he made during his father-in-law’s administration to fund an investment in a new firm.
Kushner approached the leaders Saudi ArabQatar, the United Arab Emirates and other Persian Gulf states to try and get support for Kushner’s new company, Affinity Partners new York Times,
Former director of the Office of American Innovation and senior advisor to his wife’s father, Donald Trump, which has reportedly not been completely successful in its efforts, is trying to raise the amount ‘in the low billions of dollars’ until early next year, The Times said.
The rulers of both Qatar and the UAE have reportedly refused to invest in Affinity. However, Kushner reportedly received interest from Saudi Arabia and the kingdom’s $450 billion public investment fund.
The Times reported that Saudi PIF is currently in talks with Kushner over a “large investment”.
Jared Kushner (pictured right), son-in-law and former senior adviser to former President Donald Trump, is attempting to line up Middle Eastern investments in a new firm
Kushner worked extensively in the Middle East and is interested in the firm from Saudi Arabia’s Public Investment Fund run by Crown Prince Mohammed bin Salman (pictured right)
Kushner was instrumental in organizing Trump’s first international state visit to Saudi Arabia in 2017
Kushner took the side of the Emirates in its dispute with the Qataris during his time in the White House.
While the UAE sees Kushner as a collaborator, they reportedly question his previous business acumen, which has largely been limited to his time in charge of the family’s real estate business.
Kushner became close with Saudi Arabia’s Crown Prince Mohammed bin Salman after US intelligence determined he had ordered the killing of Washington Post columnist Jamal Khashoggi over criticism of the royal family.
He also inspired Trump to make his first international trip to Riyadh in 2017.
Ethics experts question Kushner’s attempt to raise money from officials on behalf of the government, especially with the specter of Trump running for president again in 2024.
“It turns a little belly when former White House officials start capitalizing on their time in service with our government to mingle with the monarchs. Is it illegal? No,’ said Nick Penniman, founder and CEO of Good Government, Issue One. ‘Is it swampy and seemingly hypocritical? Yes.’
The Times reports that Saudi PIF is currently in talks with Kushner over a ‘large investment’.
Former Treasury Secretary Steve Mnuchin (pictured left) has also attempted to gain Middle East support since leaving the White House.
Kushner, seen here with wife Ivanka, President Trump, First Lady Melania and Rabbi Samuel Rabinovich, was heavily involved in Middle Eastern policy during Trump’s administration
Kushner’s signing achievement during the Trump administration was the Abraham Accords, which opened diplomatic relations between Israel and various Arab states.
Kushner’s signing acts in the Middle East under his father-in-law were the Abrahamic Agreements, a series of treaties that opened diplomatic relations between Israel and various Arab states.
The former senior adviser has moved to Miami with wife Ivanka and their children since leaving the White House.
Kushner has stated no intention of returning to politics, but has attempted to advance his work in the Middle East by founding a non-profit organization called the Abraham Accords Institute for Peace.
He launched Affinity in Miami in recent months and expects to do heavy work in the Middle East, focusing on building ties between Israel and the Saudis.
Kushner has begun staffing and, as CEO, will begin working in the coming months following investments from the United States.
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