Texas A&M University on Wednesday pledged to build a campus in the city of Nazareth, making it the first US university to open a branch in Israel.
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A statement on Wednesday from the office of Israeli President Shimon Peres, who with Texas governor Rick Perry attended the signing in Jerusalem of the agreement to launch "Texas A&M Peace University", said the goal would be offering advanced degrees to Jewish, Muslim and Christian students in the Galilee region of northern Israel.
It did not say when the institution would begin operating but said that A&M would raise $70 million (50 million Euros) to build the campus in Nazareth, in what is traditionally known as the boyhood hometown of Jesus, today the biggest Arab city in Israel.
Education minister Shai Piron said that the new college would narrow gaps between Jews and Arabs, calling it "important news for Israeli society and for the Arab public."