Across much of the occupied West Bank, Palestinians are prevented from building structures without Israeli military permits.
Issa Haj Yasin, an engineering student, opened his first food truck before the coronavirus crisis to provide himself an income to cover his university tuition and living expenses.
South Africa's view on Palestine is that the outstanding final status issues must be resolved through negotiations between the parties, with support from the international community.
The announcement makes the UAE the first Gulf Arab state to do so and only the third Arab nation to have active diplomatic ties to Israel.
In an Israeli TV report aired in early June, several Palestinians in the occupied West Bank are heard expressing the hope of becoming Israelis if annexation under a US-Israeli plan moves forward.
Macron also reiterated France's commitment to Israel's security and determination to work to calm tensions in the region.
The government of Israeli Prime Minister Benjamin Netanyahu had set July 1 as the date when it could begin to annex Jewish settlements in the West Bank.
The financing will largely focus on agricultural improvements, although it also includes education and health projects.
Israel captured the West Bank in the 1967 Mideast war and in the decades since has built dozens of settlements that are now home to roughly 400,000 Israelis.
Israeli Prime Minister Benjamin Netanyahu aims to begin a process of annexing West Bank settlements and the Jordan Valley from July 1, as part of a US peace initiative.
Germany, already a key European power broker, will be taking over the rotating presidency of the Council of the European Union and assuming the presidency of the UNSC next month.
Netanyahu has announced that he will annex parts of the West Bank, including the strategic Jordan Valley and dozens of Jewish settlements, in line with Trump’s Mideast plan.
It was not immediately clear how the announcement, which was made at a Palestinian leadership meeting late on Tuesday, would be implemented.
The new government, which according to the coalition agreement, will see Gantz replace Netanyahu as Prime Minister after 18 months on November 17, 2021, as the per power-sharing deal.
Israel PM Benjamin Netanyahu insists on West Bank annexation ahead of unity government's swearing-in
Such a move is seen likely to cause international uproar and inflame tensions in the West Bank, home to nearly three million Palestinians and some 400,000 Israelis.