Its aim is to further Peres' vision of people in the Middle East working together to build peace through socio-economic cooperation and development and people-to-people interaction.

Implementing programs that facilitate cross-border research, capacity building and cooperation in order to enhance crop management practices, environmental protection, and water quality.

[3] Providing space for interaction between stakeholders on both sides through joint economic research (in partnership with the AIX Group), capacity-building workshops and professional networking to foster cross-border cooperation across a wide range of business fields including hi-tech, confectionery, food, textile and shoe-making and more.Projects include private sector partnerships, regional economic research, cross-border tourism projects, technology projects, and the creation of a Palestinian business directory.

[4] Designing and implementing programs that engage Israeli and Palestinian civil society and community leaders, creating a strong cross-border network while providing enrichment and professional training.

The building (2,500 sq m), a distinctive architectural landmark on the Jaffa coast next to the poor Arab neighborhood of Ajami, was designed by renowned Italian architect Massimiliano Fuksas.

The men and women who comprise the executive board are CEOs, Directors, and Presidents of various organizations, as well as scholars, academics, and journalists.

According to Haaretz, after the Center applied for the tax-exempt status the Tax Authority demanded that the organization stop funding the training of the physicians from the Gaza Strip in Israeli hospitals.