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Kushner’s Affinity Partners holds 7.4% of Israeli Phoenix Financial, whose investments include a weapons maker and West Bank-linked companies

Eastora News·
By Eastora News Desk
Middle EastBusinessSecurity

Donald Trump’s Board of Peace faces potential conflict-of-interest concerns over members’ financial ties to Israeli companies, The Telegraph reported. Jared Kushner’s Gulf-backed investment firm, Affinity Partners, owns a 7.4% stake in Phoenix Financial, which invests in companies linked to West Bank settlements.

Phoenix also invests in Israeli arms maker Smart Shooter, which recently received a U.S. military contract with a ceiling of up to $150 million. Kushner and other parties deny wrongdoing or conflicts of interest.

The Board of Peace was established as part of Trump’s initiative concerning Gaza.

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