Dozens of Israeli tech entrepreneurs and businesspeople recently flew to Saudi Arabia for advanced talks on Saudi investments in Israeli companies and Israeli investment funds, according to a report (Hebrew) in the Globes business daily.
Israel and Saudi Arabia do not have official diplomatic relations, but covert ties have warmed in recent years as the Saudi crown prince, Mohammad bin Salman, has reportedly seen Israel as a strategic partner in the fight against Iranian influence in the region.
The kingdom refrained from signing onto the Washington-brokered Abraham Accords in 2020 as the US and Israel had hoped, but Riyadh is believed to have given the go-ahead to Bahrain, where it retains decisive influence, to join the normalization agreement with Israel alongside the United Arab Emirates, Morocco and Sudan.
In addition, after the accords were signed, Saudi Arabia began…
