Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Property»Israeli minister touts Gaza ‘real estate bonanza’, defying international backlash
    Property

    Israeli minister touts Gaza ‘real estate bonanza’, defying international backlash

    September 18, 20253 Mins Read


    The US and Israel have said it would involve “voluntary” emigration. The BBC has reached out to the US State Department for comment on Smotrich’s remarks.

    Trump’s plan – which was roundly rejected by Palestinians, Arab states and the wider international community – later appeared to have been dropped by the White House, with Trump describing it in July as “a concept that was really embraced by a lot of people, but also some people didn’t like it”.

    But the Washington Post, external reported earlier this month a version of the idea was again under discussion, and would involve Gaza being turned into a trusteeship administered by the US for at least a decade while it is developed into a tourism resort and high-tech manufacturing hub.

    Israel’s military campaign in Gaza, which has involved mass air strikes and building demolitions, has caused widespread destruction to the territory.

    The United Nations (UN) estimates 92% of housing units have been damaged or destroyed, 91% of schools will require full reconstruction or major rehabilitation to be fully functional again, and 86% of cropland is damaged.

    The UN estimated in February that the reconstruction of the territory would cost $53.2 billion (£46.1bn) over the next 10 years.

    “We paid a lot of money for this war,” said Smotrich. “So we need to divide how we make a percentage on the land marketing later”.

    Smotrich, leader of Israel’s Religious Zionist party, is an ultranationalist who has been sanctioned by the UK and other countries over repeated incitements of violence against Palestinians.

    He has control over planning in the West Bank and has repeatedly pushed expansionist policies.

    In late August, he unveiled a proposal for the annexation of approximately four-fifths of the the territory.

    He said the plan would involve “applying Israeli sovereignty” to approximately 82% of the West Bank, adding that this was in line with the principle of “maximum land with minimum Arabs”.

    Israel has built about 160 settlements housing 700,000 Jews since it occupied the West Bank and East Jerusalem – land Palestinians want, along with Gaza, for a hoped-for future state – during the 1967 Middle East war. An estimated 3.3 million Palestinians live alongside them.

    The settlements are illegal under international law.

    Israel launched its war in Gaza in response to the Hamas-led attack on southern Israel on 7 October 2023, in which about 1,200 people were killed and 251 others were taken hostage.

    At least 65,062 people have been killed in Israeli attacks since then, almost half of them women and children, according to Gaza’s health ministry.

    This week, a UN commission of inquiry concluded that Israel had committed genocide against Palestinians in Gaza – an allegation the Israeli government strongly denied.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Real Estate Simulator 2 Announced For Steam in 2026

    Property

    The Top 10 UK House Buying Companies of 2026

    Property

    Property tycoon ‘lusting over his junior co-worker offers her £2MILLION to leave husband in real-life Indecent Proposal’

    Property

    Real estate trends and predictions for 2026 and beyond, part one

    Property

    Budget 2026: Tax breaks on affordable rental housing, seamless regional logistics policies, real estate sector’s demands get more real

    Property

    Real estate tycoon accused of indecent proposal to realtor mom while enjoying an affair. Now her cuckolded husband strikes back

    Property
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    DIFD AUTO enables buyers to purchase Tesla and imported cars using cryptocurrency

    Fintech

    MobileMoney Ltd Fintech Stakeholder Forum charts course for digital credit and asset regulation

    Fintech

    Amid MENA’s fintech boom, Checkout.com joins inaugural Money 20/20 Middle East

    Editors Picks

    Wayland Agricultural Show returning to Watton this weekend

    July 29, 2025

    Fastener experts Fabory to exhibit at premier agricultural machinery and technology show

    January 1, 2026

    7 Most Profitable Cryptocurrency Stocks To Invest In

    October 16, 2024

    Why Is Stock Market Falling Today? Key Factors Behind Sensex, Nifty Decline On November 7 | Markets News

    November 6, 2025
    What's Hot

    3 Global Dividend Stocks Yielding Up To 5.3%

    July 11, 2025

    INDIA BONDS – Les rendements obligataires indiens restent stables ; une tendance à la baisse devrait prévaloir à moyen terme

    May 26, 2025

    Bank of Ghana to regulate cryptocurrency by December 2025 – Governor

    October 19, 2025
    Our Picks

    Fintech firms Tally and Score cease operations, Klarna expands

    August 22, 2024

    Energy price cap to rise AGAIN in January – here are the best fixed deals to beat it

    November 21, 2025

    Port City Lands a Gold Medal

    October 23, 2024
    Weekly Top

    2026 Fintech year ahead

    January 31, 2026

    Gold, Silver Rate Today LIVE: COMEX silver crashes 35% from record high, gold nosedives 15%; CME raises margin money

    January 30, 2026

    Canara Bank plans to raise Rs 4,000 crore via tier-2 bonds

    January 30, 2026
    Editor's Pick

    PICC Property and Casualty’s prévoit une augmentation de 100 % de son bénéfice au premier trimestre

    April 14, 2025

    Tellurium Copper Alloy Market Poised for Remarkable Growth

    October 25, 2024

    Capital One to buy stablecoin fintech Brex for $5.15B in cash-and-stock deal

    January 22, 2026
    © 2026 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.