During the last Trump presidency Trump initiated the Abraham Accords by negotiating the normalizing of relations between Israel and several Arab countries. Normalizing meaning opening of diplomatic relations, tourism and trade and recognising Israels sovereignty. So far agreements have been made with Sudan, United Arab Emirates, Bahrain and Morocco. (peace agreements were already signed with Jordan and Egypt many years ago.
Saudi Arabia were on the cusp of signing when October 7th occurred. It's no secret that Iran were desperate for Saudi not to enter into an agreement with Israel.
Saudi's signing will be dependant on a West Bank solution and working toward a two state solution. When Saudi do eventually join the accord, and they will, expect other arab countries to follow.
Israel has massively weakened Irans influence in the Middle East, the Abraham accords and renewed sanctions will finish off Iran, or at least the Ayatollahs which means freedom for the Iranian people.
Saudi is acutely aware that oil is on a downward spiral and so wants to become more involved in tech and manufacturing to secure their own future, Israel as the most technologically advanced country in the Middle East would be the perfect partner for Saudi.
The US have guaranteed Saudi security in the form of advanced weapons if they sign up to the Abraham accords.
There have always been destabilising factions in the Middle East, encouraged and funded by Iran, Russia and to a lesser degree, China. Saudi signing up to the Abraham accords will tip the balance of the Middle East closer to stability.
Turkey are emerging as a bit of a wild card, as much as they complain about Israel illegally occupying Southern Lebanon, Turkey are illegally occupying parts of Northern Lebanon whilst carry out a genocide of the Kurdish people.
That wont change any time soon, been going on for too long.