INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Israel reportedly pulls support for Saudi bid to host Expo 2030, to back Italy

Saudi Foreign Affairs Minister Prince Faisal bin Farhan at the Bureau International des Exposition (BIE) in June 2023. (AFP File)
  • Israel had previously signaled its backing for Saudi Arabia as talks mediated by the US aimed at normalizing relations between the two nations gained momentum
  • Riyadh’s alignment with the broader Arab community in condemning Israel's military operation in Gaza sparked a rift, prompting Israel to reconsider its support

Tel Aviv, Israel – Israel has reportedly withdrawn its support for Saudi Arabia’s bid to host the Expo 2030. The decision, reported by the Kan public broadcaster, comes in the wake of mounting tensions between Jerusalem and Riyadh over the Gaza conflict.

Israel had previously signaled its backing for Saudi Arabia as talks mediated by the US aimed at normalizing relations between the two nations gained momentum. However, Riyadh’s alignment with the broader Arab community in condemning Israel’s military operation in Gaza sparked a rift, prompting Israel to reconsider its support for Saudi Arabia’s Expo 2030 bid.

Amidst these developments, Israel has opted to throw its support behind Italy’s bid to host Expo 2030 in Rome, according to Kan reports. This move underlines the evolving dynamics in the region and the recalibration of alliances based on geopolitical circumstances.

US officials, while acknowledging the possibility of a normalization agreement between Israel and Saudi Arabia post-conflict, recognize the likelihood of a more substantial focus on the Palestinian issue within any potential agreement.