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KSA-'Israel' normalization still on the table: Saudi Minister

  • By Al Mayadeen English
  • Source: Bloomberg
  • 8 Nov 2023 15:37
  • 4 Shares
3 Min Read

Offering an opportunity for "Israel" to expand its normalization bid, Khalid al-Falih, Saudi Arabia’s Minister of Investment, says oil prices will not be altered to put an end to the Israeli aggression.

  • x
  • https://english.almayadeen.net/news/politics/israeli-media--ksa-intercepted-yemeni-launched-icbm-bound-foIn this photo provided by Future Investment Initiative Institute, Saudi Investment Minister Khalid al-Falih speaks at the Future Investment Initiative Forum in Riyadh, Saudi Arabia, Oct. 27, 2021. (AP)
    In this photo provided by Future Investment Initiative Institute, Saudi Investment Minister Khalid al-Falih speaks at the Future Investment Initiative Forum in Riyadh, Saudi Arabia, Oct. 27, 2021. (AP)

"Contingent on a pathway to a peaceful resolution of the Palestinian question," the Saudi Arabian Minister of Investment Khalid al-Falih confirmed, during a panel moderated by Stephanie Flanders at the Bloomberg New Economy Forum in Singapore, that Saudi-Israeli normalization "remains on the table."

According to al-Falih, the war that broke out on October 7 was a "setback" that allegedly "clarified" the reasoning behind Saudi Arabia's insistence that the "resolution of the Palestinian conflict has to be part of a broader normalization in the Middle East."

While talk of normalization remains prominent, the Saudi Arabian minister found it funny that anyone would ask whether economic tools, such as oil price alterations, could be used to impose a ceasefire in the occupied Palestinian territories.

When asked about it, al-Falih laughed according to Bloomberg, and responded saying "That is not on the table today. Saudi Arabia is trying to find peace through peaceful discussions."

"The Palestinian people have had their basic rights taken away and the right for statehood and peaceful existence unfulfilled, and it’s time to use this awful situation to bring that to the fore and to resolve it," al-Falih further claimed.

Read more: Saudi Arabia's Defense Minister to travel to US for Gaza talks

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Saudi Arabia has sought to convene three summits "for countries in the Middle East to work toward prosperity of the people and the economy." For the Kingdom, the summits are "imperative" given that "pragmatism is surfacing", allegedly, between the US and China, and the kingdom has relations with the two.

Read more: Abu Obeida says Resistance to make history, Al-Qassam posts footage

Israeli media: KSA intercepted Yemeni-launched ICBM bound for 'Israel'

Saudi Arabia intercepted a ballistic missile launched from Yemen bound for "Israel" on Saturday night, Israeli media reported on Sunday.

Israeli researcher Guy Bechor stated that though Saudi Arabia announced a "temporary suspension" of normalization talks with the Israeli occupation, contacts regarding the issue resumed over the past two days "at a high level."

Sources familiar with the matter told Reuters earlier that Saudi Arabia had suspended US-brokered plans for normalization with the Israeli occupation.

Yemen has launched several attacks against the Israeli occupation, with the first attack being intercepted by the US and Saudi Arabia, and raising the concerns of some neighboring Arab states, as others made their way to occupied Palestine, striking Israeli military targets.

Read more: Sayyed Nasrallah: On the Lebanese front, all options are on the table

  • Saudi Arabia
  • Khalid al-Falih
  • Israel
  • Palestine
  • Israeli occupation
  • Gaza Strip
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