Jerusalem: The Israeli government has approved a proposal to register large areas of the occupied West Bank as 'state property' for the first time since the Israeli occupation of the territory in 1967.

According to Anadolu Agency, the public broadcaster KAN reported that the proposal was submitted by far-right Finance Minister Bezalel Smotrich, Justice Minister Yariv Levin, and Defense Minister Israel Katz. The Israel Hayom newspaper commented that the initial goal is the gradual settlement of 15% of Area C by 2030.

The proposal marks a significant development in the ongoing Israeli-Palestinian conflict, which has seen disputes over land rights and sovereignty. The Palestinian Authority has warned that this decision amounts to a 'de facto annexation' of the occupied territory and a violation of international law. Meanwhile, Trkiye has strongly condemned Israel's latest decision, labeling it a breach of international law.

In other top stories, US President Donald Trump announced that member states of the new Board of Peace are set to pledge over $5 billion for Gaza's reconstruction.

Trump stated that the pledges would be announced during a gathering at the Donald J. Trump Institute of Peace in Washington, D.C. Member states have also committed thousands of personnel to an International Stabilization Force to maintain security and peace in Gaza.

Additionally, an Israeli drone strike killed four people in the eastern Lebanese town of Majdal Anjar near the Lebanese-Syrian border, despite a ceasefire. Lebanon's official National News Agency reported that the drone targeted a car between the al-Masnaa border crossing and the village of Jdeidet Yabous, resulting in fatalities and an unidentified number of injuries.