Palestinian Authority President Mahmoud Abbas met Israel's Defence Minister Benny Gantz late on Sunday night.
It was the first meeting between the Palestinian leader and a senior Israeli official in more than a decade, after such dialogue stopped under former Israeli Prime Minister Benjamin Netanyahu.
Mr Gantz said the meeting, hours after he returned from the US, aimed at finding ways to enhance the Palestinian Authority's economy.
"This evening I met with PA Chairman Mahmoud Abbas to discuss security-policy, civilian and economic issues," Mr Gantz wrote on Twitter.
"I told Chairman Abbas that Israel seeks to take measures that will strengthen the PA's economy."
Head of the Palestinian Authority's General Authority of Civil Affairs and close confidant of Mr Abbas, Hussein Al Sheikh, confirmed the meeting.
He said the discussion encompassed "all aspects" of Palestinian-Israeli relations.
Mr Gantz has just returned from a trip to Washington with Israel's newly elected prime minister, Naftali Bennett, who met senior US officials including President Joe Biden.
Mr Gantz first spoke with Mr Abbas in July in a phone call and wished him well during Eid Al Adha.
"We discussed the need to advance trust-building steps between Israel & the PA which will benefit the economy and security of the entire region," he wrote on Twitter in July.
During the tenure of former US president Donald Trump, Mr Netanyahu's policy towards Palestinians took a hardline stance with threats to annex much of the West Bank and Jordan Valley.
Mr Trump moved the US embassy to Jerusalem, recognising Israel's claim to the city that Palestinians seek the eastern half of for their future capital. He also cut aid and financial support to the Palestinians. The moves led to a deterioration in US-Palestinian relations.
But an official in the Israeli prime minister's office downplayed the meeting on Sunday night saying that it was focused on security and not about a return of long-stalled peace talks.
"There is no diplomatic process with the Palestinians nor will there be,” the official told Times of Israel.
The Biden administration restarted aid and reached out to Palestinians, but it has not changed the status of the new embassy in Jerusalem.
Mr Abbas has faced shrinking popularity and repeated demonstrations in part over the dire economic situation in the West Bank.
The Haaretz daily said the meeting took place in the town of Ramallah in the Israeli-occupied West Bank, where the Authority is headquartered.
OPINIONS ON PALESTINE & ISRAEL
UAE currency: the story behind the money in your pockets
Cryopreservation: A timeline
- Keyhole surgery under general anaesthetic
- Ovarian tissue surgically removed
- Tissue processed in a high-tech facility
- Tissue re-implanted at a time of the patient’s choosing
- Full hormone production regained within 4-6 months
Financial considerations before buying a property
Buyers should try to pay as much in cash as possible for a property, limiting the mortgage value to as little as they can afford. This means they not only pay less in interest but their monthly costs are also reduced. Ideally, the monthly mortgage payment should not exceed 20 per cent of the purchaser’s total household income, says Carol Glynn, founder of Conscious Finance Coaching.
“If it’s a rental property, plan for the property to have periods when it does not have a tenant. Ensure you have enough cash set aside to pay the mortgage and other costs during these periods, ideally at least six months,” she says.
Also, shop around for the best mortgage interest rate. Understand the terms and conditions, especially what happens after any introductory periods, Ms Glynn adds.
Using a good mortgage broker is worth the investment to obtain the best rate available for a buyer’s needs and circumstances. A good mortgage broker will help the buyer understand the terms and conditions of the mortgage and make the purchasing process efficient and easier.
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UAE currency: the story behind the money in your pockets