The Center For Jewish-Arab Economic Development
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The Center For Jewish-Arab Economic Development
The Center for Jewish-Arab Economic Development (CJAED), located in Herzliya Pituach, Israel, is a non-profit, non-governmental organization founded in 1988 by Ms. Sarah Kreimer and a coalition of Jewish and Arab businesspeople. CJAED works to promote Jewish-Arab economic cooperation as well as develop a thriving Arab sector in order to establish peace, prosperity and economic stability in Israel and the region. The center's main premise is that Israel's primary resource is its people, therefore a vibrant and stable economy requires an integrated society. In 2010, CJAED was recognized as one of the "Ten Top Israeli Business Ventures" that promote peace in the Middle East. Background Israeli-Arabs constitute 20% of Israel's 7.4 million citizens, yet remain largely socially and economically disadvantaged with limited access to business credit, skills training, and marketing opportunities. According to a 2007 study, 56% of Israeli-Arabs lived under the poverty level IN 2006 in compar ...
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