From the Guardian:
Obama has pencilled in the announcement of his breakthrough for either a meeting of world leaders at the UN general assembly in New York in the week beginning 23 September or the G20 summit in Pittsburgh on 24-25 September.
The president, who plans to make his announcement flanked by Netanyahu and the Palestinian leader, Mahmoud Abbas – plus the leaders of as many Arab states as he can muster – hopes that a final peace agreement can be negotiated within two years, a timetable viewed as unrealistic by Middle East analysts.
Obama had hoped to unveil his plans before the start of Ramadan last weekend but failed to complete the deal with the Israelis or the Arab states in time. Read the whole thing