'This is an important accomplishment in strengthening and promoting Jerusalem’s status in the world,' Foreign Minister Israel Katz said in a statement.
Israel will be hosting journalists from Iraq and Saudi Arabia as well as from other Arab countries. The Palestinians want them blacklisted by Arab media.
Israel's Transportation Minister said the plan calls for an island eight square kilometer (three square miles) in size, linked to Gaza by a bridge. The island, estimated to cost $5 billion, would include a seaport and perhaps a future airport.
Arab Member of Parliament Tibi raises a Palestinian Authority flag on the Temple Mount, advocating against any Israeli presence at Judaism's holiest site.
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