Saudi Arabia and Israel had seemingly been edging closer to a landmark deal to normalize their diplomatic relations – and then the Hamas attack on Oct. 7, 2023, happened.
Since then, thousands have died in Gaza and in Israel. And fears of the conflict spreading across the region form the backdrop to frenzied diplomacy across the region, including a visit to Israel by U.S. President Joe Biden on Oct. 18.
It also threatens to undermine a key pillar of Saudi Arabia’s foreign and domestic agenda: the “de-risking” of the region. With Saudi Crown Prince Mohammed bin Salman set on implementing “Vision 2030” – an ambitious economic, social and cultural program – and developing the kingdom as a destination for tourism and investment, a renewal of regional instability is the last thing the crown prince needs.
