Egypt drafts a proposal for consensus government between Fatah and Hamas (1) (4). Palestinians are hopeful at the prospect of a revival of Saudi involvement in the peace process (2) (6). Israel closes Gaza crossings in response to the rocket fired yesterday (3). Palestinian president Mahmoud Abbas appoints a new intelligence chief in continued reshuffling of high level positions within his government (7) (11). Former Israeli Prime Minister Ehud Olmert is scheduled to meet with Mahmoud Abbas next week in an attempt to keep the peace process moving (9).