Jared Kushner’s firm, Affinity Partners, becomes the largest shareholder of Phoenix Financial LTD, the leading insurance and development company that’s illegally settling on Palestinian land.
“Investing in Phoenix…was a decision rooted in my belief in Israel’s resiliency…and this investment is a testament to the shared vision for a prosperous future. Together, we are building something that will endure and thrive, and I firmly believe the future of this region is incredibly bright.”
Jared Kushner
Phoenix Financial LTD insures and finances construction projects, such as shopping malls and supermarkets, on illegal settlements in the occupied West Bank. They also invest in Israeli weapons companies.
The investment comes days before an Israel-Hamas ceasefire deal is to take place.
