There are three covenants. Two which God made with Abraham (Genesis ch.15 and Genesis ch.17), and one with Abraham's Israelite descendants in the time of Moses after the Exodus.
1) In Genesis ch.15, the Covenant Between the Parts:
a) God informs Abraham of future events (the Egyptian exile)
b) God promises the land of Canaan (Israel) to Abraham's descendants
c) The covenant is finalized through a demonstration of God's presence (see Genesis 15:7-9 and 15:17).
2) In Genesis ch.17, the covenant of circumcision:
a) The promises of many descendants (17:2,3) and of inheriting the land of Canaan are repeated (17:8), but the main thing in this covenant is the promise that God will be the God of Abraham (17:7, 17:8).
b) God promises that Abraham and Sarah will have a son (17:15-16), whom they will name Isaac (17:19) and who will be the continuation of God's covenant with Abraham (17:21).
c) The covenant itself is manifested through circumcision, for Abraham and his descendants (17:10).
3) The covenant between God and the Israelite nation (see Exodus ch.19 and ch.24), was made in the time of Moses, with Moses serving as the messenger.
This covenant is one of obedience, to listen to God's voice (Exodus 19:5), which will include the entire Torah (24:12). God, for His part, promised to treasure the Israelites (Exodus 19:5, Deuteronomy 26:16-19). The covenant was manifested through God's giving the Ten Commandments (Exodus ch.19-20), and was finalized (on our part) through the offerings described in Exodus ch.24.
See also:
Abraham made a covenant with God in which Canaan was promised to the Hebrew people as an everlasting possession. This covenant plays a significant role in the history and identity of the Jewish people.
it is a mutual promise between god and his people
The covenant is that the Israelites will obey the Torah and God will treasure them. See Exodus 19:3-5, and Deuteronomy 26:16-19.
God would bless Abraham and his descendants.
The Hebrew laws are contained in the Torah. God gave us the Torah (Exodus 24:12) as a manifestation of His covenant with us (Exodus ch.19), to make us a holy people.
Abraham is traditionally considered the founder of Judaism. He is seen as the father of the Jewish people and the first to make a covenant with God in the Hebrew Bible.
No. God gave the land of Canaan (Promised Land) to Abraham and his descendants. Abraham's descendants were the Hebrew people. Moses led the Hebrew people to the Promised Land, a trip that took 40 years to complete because the Hebrew people sinned and so were led in desert wanderings for 40 years. Moses did not get to go into the promised land because of sin. Joshua, Moses' second in command led the people into the land.
The Promise of an Eternal Covenant
A covenant is a biding promise between two people.
The ark of the covenant is important to the Hebrews because it symbolizes the presence of God among them and serves as a connection between God and his people. It contains the tablets of the Ten Commandments and represents the covenant made between God and the Israelites. Additionally, the ark is associated with miracles and divine protection in Hebrew scripture.
Some translations of the Bible into English have translated the word for the Ark of the Covenant as the "covenant box." These translators are trying to make the text meaningful to people who don't see boxes called arks every day. This is a noble effort, but it does introduce some unusual terms, such as this one. The box in question was made by Moses (well, Bezalel and Oholiab), and its manufacture is described in the book of Exodus (around chapter 38 or so).
The covenant with God and the overwhelming importance of the Torah, are strong enough to push aside the negative factors.