DescriptionWill the Kingdom of Saudi Arabia and the State of Israel announce plans to sign a formal bilateral agreement establishing full diplomatic relations on or before the Event Date Close? This Event Outcome will Settle to “Yes” if an official treaty, memorandum of understanding, or joint communiqué—dated on or before the Event Date Close—confirms that the two states have agreed to full diplomatic relations (e.g., an exchange of ambassadors, or opening of embassies, or mutual recognition). If it becomes impossible for this Event Outcome to Settle to “Yes,” the Event Outcome may Settle immediately to “No.” The primary source for this Event Outcome will be statements from the Israeli Ministry of Foreign Affairs or the Saudi Ministry of Foreign Affairs; however, a consensus of credible international news agencies may also be used. The Event Outcome is a Prediction on an Announcement from a credible reporting source.