Show an ad over header. AMP

I am the FIRST

Jared Kushner founds "Abraham Accords Institute" to deepen normalization agreements

Jared Kushner is founding an organization called the Abraham Accords Institute of Peace, to work on deepening the normalization agreements he helped strike between Israel and Arab countries.

The big picture: The Abraham Accords, signed in September 2020, were arguably Trump's biggest foreign policy achievement and the biggest breakthrough for relations between Israel and the Arab world for 25 years.


Details: The non-partisan, non-profit organization will have a five-year mandate and be funded through private donations.

  • According to a statement, it will focus on increasing trade and tourism between the five signatory countries — Israel, Bahrain, the UAE, Morocco and Sudan — and developing programs to foster people-to-people connections between the countries.
  • It will also "provide analysis of the benefits of normalization and the potential benefits additional Arab countries can receive if they join the Abraham Accords."

Kushner is founding the institute with former White House envoy Avi Berkowitz, who helped negotiate the agreements; Israeli-American businessman and Democratic donor Haim Saban; and three heavy hitters from the region: the Emirati and Bahraini ambassadors to Washington, Yousef Al Otaiba and Abdulla R.Al-Khalifa, and Israeli Foreign Minister Gabi Ashkenazi.

  • The board is still being formed and is expected to include representatives from Morocco and Sudan. The founders also want to add more democrats and advisers from the region.
  • The executive director will be Rob Greenway, formerly the top Middle East advisor on Donald Trump's national security council.

What they're saying: “The energy and enthusiasm for the Accords across the region is truly remarkable," the group said in a joint statement.

  • "In less than a year, this warm peace is melting decades of misunderstanding and hostility across the region. This is a peace among peoples as much as it is among nations. This will be the institute’s focus – to nurture and deepen these human connections."

What we're watching: The Biden administration has said it wants to build on the accords and potentially add additional countries.

  • President Biden spoke Tuesday with Emirati Crown Prince Mohamed bin Zayed and said the normalization of relations between the UAE and Israel was of strategic importance to the U.S.

4 ffp

Why the startup world needs to ditch "unicorns" for "dragons"

When Aileen Lee originally coined the term "unicorn" in late 2013, she was describing the 39 "U.S.-based software companies started since 2003 and valued at over $1 billion by public or private market investors."

Flashback: It got redefined in early 2015 by yours truly and Erin Griffith, in a cover story for Fortune, as any privately-held startup valued at $1 billion or more. At the time, we counted 80 of them.

Keep reading... Show less

Scoop: Facebook's new moves to lower News Feed's political volume

Facebook plans to announce that it will de-emphasize political posts and current events content in the News Feed based on negative user feedback, Axios has learned. It also plans to expand tests to limit the amount of political content that people see in their News Feeds to more countries outside of the U.S.

Why it matters: The changes could reduce traffic to some news publishers, particularly companies that post a lot of political content.

Keep reading... Show less

Scoop: Amazon quietly getting into live audio business

Amazon is investing heavily in a new live audio feature that's similar to other live audio offerings like Clubhouse, Twitter Spaces and Spotify's new live audio platform, sources tell Axios.

Why it matters: As with Amazon's efforts in podcasting and music subscriptions, the company sees live audio as a way to bolster the types of content it can offer through its voice assistant, Alexa, and its smart speaker products.

Keep reading... Show less

Hurricane Ida exposes America's precarious energy infrastructure

The powerful hurricane that plunged New Orleans into darkness for what could be weeks is the latest sign that U.S. power systems are not ready for a warmer, more volatile world.

The big picture: “Our current infrastructure is not adequate when it comes to these kinds of weather extremes,” Joshua Rhodes, a University of Texas energy expert, tells Axios.

Keep reading... Show less

"We must go further": 70% of adults in European Union are fully vaccinated

About 70% of adults in the European Union are fully vaccinated against COVID-19, Ursula von der Leyen, the president of the European Commission, said Tuesday.

Why it matters: The milestone makes the E.U. one of the world's leaders in inoculations, after an initially lagging vaccine campaign, the New York Times notes.

Keep reading... Show less

What Elizabeth Holmes jurors will be asked ahead of fraud trial

Jury selection begins today in USA v. Elizabeth Holmes, with the actual jury trial to get underway on Sept. 8.

Why it matters: Theranos was the biggest fraud in Silicon Valley history, putting both hundreds of millions of dollars and thousands of patients' health at risk.

Keep reading... Show less

Insights

mail-copy

Get Goodhumans in your inbox

Most Read

More Stories