MANAMA (Rahnuma): Business leaders from the US and the Middle East reacted with guarded enthusiasm to the Peace to Prosperity plan presented by White House special adviser Jared Kushner to an audience of global decision-makers in Bahrain’s capital Manama.
Stephen Schwarzman, chairman and CEO of the big investment business Blackstone Group, said the plan “could happen in the right circumstances. We all have to have a dream, and this is a very sensible dream.”
Mohamed Alabbar, chairman of the UAE property and leisure group Emaar, said Palestine is very important for all Arabs.
“The issue is very close to our hearts. Everyone of us is Palestinian at heart, and I feel I represent them here tonight,” he said in reference to the absence of Palestinian Authority delegates at the event.
Earlier, the audience of business leaders and policymakers from around the world listened attentively as Kushner unveiled details of the $50 billion plan to revive the Palestinian and regional economy.
He is hoping to attract investment from Middle Eastern and other governments, as well as private enterprise from around the world, for the proposals, which are designed to revive the Palestinian economy, create 1 million jobs and cut the poverty rate in the occupied territories.