This market will resolve to "Yes" if a formal peace agreement or normalization deal is publicly announced between the Kingdom of Saudi Arabia and the State of Israel on or before March 31, 2024, 11:59 PM ET. The agreement must be publicly acknowledged and confirmed by official sources from both Saudi Arabia and Israel. This includes, but is not limited to, announcements made by the Saudi Crown Prince or his representatives, Israel's Prime Minister or his representatives, or other official sources such as ministries of foreign affairs.

Informal agreements, unconfirmed reports, or rumors will not count as a valid resolution source. If a deal is reached, it must contain clear terms that signify a normalization of diplomatic relations, such as the establishment of embassies, exchange of ambassadors, or other clear signs of formal diplomatic relations.

For early resolution, if a peace agreement is publicly announced and confirmed before the expiry date, this market will resolve immediately to "Yes". If no formal peace agreement or normalization deal has been publicly announced and confirmed by March 31, 2024, the market will resolve to "No".