Saudi Arabia and Israel are holding talks to establish diplomatic ties, the Times reported on Saturday.
According to American and Arab sources, the countries will begin with small measures like allowing Israeli aircraft to fly over Saudi airspace and permitting Israeli businesses to operate in the Gulf state, the UK-based Times reported.
A public alliance between the two countries would be the first of its kind though Israel did have a trade office in Doha before it was closed in 2009, during the Gaza war. Saudi sources denied that the Gulf state is improving its ties with Israel, the report stated.
The talks come amid an ongoing diplomatic crisis between Qatar and the Arab Gulf states over accusations of terrorist funding.
While Israel and Saudi Arabia have no diplomatic ties, they are seen as sharing regional security interests particularly over Iran. Israel has long viewed the Islamic Republic as one of its main threats …