Normalization of ties between Israel and Saudi Arabia could help stabilize the Middle East and benefit the United States.
Finance Minister Bezalel Smotrich supports an agreement, and praised Prime Minister Benjamin Netanyahu's ability to bring about peace with Arab states.
The Wall Street Journal reported that the US and Saudi Arabia agreed on broad terms for normalization which would be expected within a year.
A deal between Israel and Saudi Arabia would effectively be a ginormous step forward in ending the Israel-Arab conflict.
Readers of The Jerusalem Post have their say.
Minister warns entire right wing opposes settlement freezes and withdrawals; Hanegbi: There is still a long road ahead.
Kan said in a statement that this is the first time that broadcasting rights for an Israeli television series have been sold to a Saudi broadcasting network.
“Israel is interested in advancing a peace agreement with Saudi Arabia,” Israel's foreign minister said. "the Saudis are interested as well."
Achieving Saudi-Israeli normalization will take years of positive contact between Israelis and Saudis in order to counteract decades of demonization.
Becoming a central force that is indispensable in building security and stability, regionally and internationally, Saudi Arabia recognizes the significance of its position.