Israel's Defence Minister Yoav Gallant has warned against Iranian interference during his visit to the occupied West Bank.
“We will not allow the Iranians and Hezbollah to harm us,” said Mr Gallant, who Israeli Prime Minister Benjamin Netanyahu tried to dismiss last week.
“We have not allowed it in the past, we won’t allow it now, or anytime in the future,”
Mr Gallant visited an army brigade in the West Bank on Sunday.
During his visit, Mr Gallant was also informed about an investigation into a Palestinian motorist, who was shot down by the Israeli military on Saturday, after he drove his car into a group of soldiers in the West Bank.
Mr Netanyahu announced Mr Gallant's dismissal a week ago after he spoke out against the pace of the government's hotly contested judicial reforms.
The announcement set off unprecedented street protests in Israel and international condemnation.
Mr Gallant has yet to receive a formal dismissal letter from the Prime Minister.
Mr Netanyahu's religious-nationalist coalition government has since moved to pause the judicial reforms.
Palestinian killed in West Bank
Palestinian news agency Wafa reported on Monday that a Palestinian was killed and another critically wounded by Israeli forces during a dawn raid in the West Bank city of Nablus.
The two were seriously injured during clashes with the forces during the raid, the Ministry of Health told Wafa.
Ahmed Jibril, director of ambulance and emergency at the Red Crescent in Nablus, said one of the injured people was taken to Rafidia Governmental Hospital and was later declared dead.
Medical relief teams transferred the other to Nablus Speciality Hospital.
Mr Jibril said the forces also attacked the hospital with gas bombs.
Israeli forces said they arrested two citizens during the raids, which took place across the city.
The death toll in Nablus has risen to 93, including 17 children and a woman, since the beginning of the year.
Israeli air strikes in Syria
Meanwhile, Israeli air strikes hit several sites in Syria's Homs province early on Sunday, wounding five soldiers, Syrian state media reported.
Hours later, the Israeli military said it shot down an “aircraft” that crossed from Syria into their airspace.
In Iran, state media reported that an Iranian adviser who was wounded in an Israeli strike on Friday died of his wounds.
Since the start of Syria's conflict in March 2011, Iran has been a main supporter of President Bashar Al Assad's government.
Sunday's strike marked the ninth time Israel has struck targets in Syria since the beginning of the year, according to the Syrian Observatory for Human Rights, an opposition-linked war monitor.
Israeli-Palestinian tensions are simmering after months of violence in areas of Jerusalem and the West Bank. Tensions are also simmering with Syria, Iran and with Iran-backed armed group Hezbollah.
“All our fronts are tense. The Iranians are extending their outreach to [the West Bank] and Gaza, and are attempting to entrench themselves in Syria and Lebanon,” said Mr Gallant.
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Real estate tokenisation project
Dubai launched the pilot phase of its real estate tokenisation project last month.
The initiative focuses on converting real estate assets into digital tokens recorded on blockchain technology and helps in streamlining the process of buying, selling and investing, the Dubai Land Department said.
Dubai’s real estate tokenisation market is projected to reach Dh60 billion ($16.33 billion) by 2033, representing 7 per cent of the emirate’s total property transactions, according to the DLD.
Will the pound fall to parity with the dollar?
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
Bloomberg
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