Palestinian Authority President Mahmoud Abbas is ready to back away from demands on Israel and would agree to an interim understanding with the Jewish state to pave the way for a larger Saudi quadrilateral agreement, according to a report on N12 that was confirmed by The Jerusalem Post.

The report comes amid high-level diplomatic activity to secure a complex regional architecture that would include a security pact between Riyadh and Washington and, according to Bloomberg, possibly with Israel as well.

As part of the deal Riyadh seeks Washington’s approval a Saudi civilian nuclear program that would allow for uranium enrichment. Riyadh would, as part of that deal, normalize its ties with Israel and in return, Israel would make concessions to the Palestinians. 

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