Yneynews reports: Israel and Saudi Arabia have reportedly been holding talks to establish economic ties, according to British newspaper The Times, which cited American and Arab sources in its report.
According to the report, the historic move, if implemented, could be the first step toward normalizing relations and would begin with Israeli businesses being allowed to operate in the Persian Gulf. The newspaper gave as one example the possibility of Israeli airline El Al being allowed to fly over Saudi airspace.
The British newspaper also estimated the possibility of tightening relations with Israel partly explains why Saudi Arabia and its allies have boycotted Qatar in an effort to force it to stop supporting Hamas, an effort that seems to be producing results.
Read more here.