Yes, God is taking out a people for Himself: Hebrews, also known as the children of Israel, the Jews. Abraham's seed.
6 For thou art an holy people unto the LORD thy God: the LORD thy God hath chosen thee to be a special people unto himself, above all people that are upon the face of the earth.
7 The LORD did not set his love upon you, nor choose you, because ye were more in number than any people; for ye were the fewest of all people:
8 But because the LORD loved you, and because he would keep the oath which he had sworn unto your fathers, hath the LORD brought you out with a mighty hand, and redeemed you out of the house of bondmen, from the hand of Pharaoh king of Egypt.
Deut. 7:5–8.
Holy, chosen, special, ABOVE, and loved. God NEVER says this about His enemy the hated uncircumcised, unclean, non-covenant, non-Hebrew Gentiles. But this is the attitude of God towards these people:
17 All nations before him are as nothing;
And they are counted to him less than nothing, and vanity.
Isaiah 40:17.
Vanity of vanities! (which means, WASTE, as in Gentile nations are a WASTE of my time.