With a pending Gaza ceasefire and Donald Trump returning as US president, Saudi Arabia’s de facto leader must now decide whether to recognise Israel before a Palestinian state is created.
Secretary of State Antony Blinken on Tuesday said normalization between Israel and Saudi Arabia is ready to go, but requires following through on ending the war between Israel and Hamas in the
Israel’s national security minister Ben Gvir claimed he has repeatedly foiled a hostage and ceasefire deal with Hamas over the past year as he threatened to quit the Benjamin Netanyahu cabinet over a fresh deal being brokered by the US.
Shafrir notes that Israel's risk premium is still at high levels: "Israel's risk premium has already fallen sharply since the beginning of November (against expectations at the time for an end to the war in Lebanon), but it is still high - on the international market, Israel's bonds are still traded similarly to companies with a BBB minus rating."
Hamas has accepted a draft agreement for a ceasefire in the Gaza Strip whilst Israel insists details are still being finalised
Saudi Arabia brings out the worst in the world of international sports in terms of politics and greed. FIFA’s awarding Saudi Arabia the 2034 World Cup hosting rights is just the tip of the iceberg.
Saudi Arabia, Turkey, and the UAE have expressed support for the Israel-Hamas ceasefire, calling for the withdrawal of Israeli forces, the return of displaced Palestinians, and unhindered humanitarian aid to Gaza.
With a pending Gaza ceasefire and Donald Trump returning as US president, Saudi Arabia's de facto leader must now decide whether to recognise Israel before a Palestinian state is created.
Negotiators reached a phased ceasefire deal on Wednesday in the war in Gaza between Israel and the militant group Hamas. Here is some reaction to the deal.
In his second term, Donald Trump should ditch his predecessor’s over-committed approach to Saudi-Israeli normalization.
With an Israel-Hamas cease-fire set to begin, the shock waves from their war have reshaped the region in unexpected ways.