Saudi Finance Minister Mohammed al-Jadaan on Wednesday discussed his country's efforts to de-escalate what he called "recent events" in the Middle East region, without naming any of the parties involved.
"So we need calm, we need wisdom, we need to collaborate, to bring calm and make sure that we de-escalate."
The United Nations and numerous countries have called for a cease-fire, so far to no avail.
"We have seen this in the region where before the 7th of October a lot of de-escalation had happened, which brought a lot of hope for the region, and we don't want the recent events to derail that," the minister said.
"So we are making a lot of efforts with our partners to ensure that we go back to where we are and continue the development path."
Persons:
Mohammed al, Jadaan, CNBC's Dan Murphy
Organizations:
Saudi, Hamas, United Nations
Locations:
East, Riyadh, Saudi Arabia, Israel, Palestinian, Gaza