Arguing "work and quality of life will bring peace and security," Likud lawmaker, former Jerusalem Mayor Nir Barkat calls to establish 12 industrial areas in Area C to boost Israeli-Palestinian economic cooperation.

Pan-Arab group's move seeks to cement a promise from April to boost “the Palestinian Authority’s budget as it faces financial burdens." Meanwhile, a Saudi official says that if the Palestinians are willing to "relinquish the image of the eternal victim," the US peace plan could boost their statehood aspirations.

US National Security Adviser John Bolton and Israeli and Russian counterparts Meir Ben-Shabbat and Nikolai Patrushev will lead an unprecedented summit in Jerusalem. The chaos in Syria, rising tensions in the Persian Gulf, and other regional issues are expected to top the agenda.

Bahrain conference "will lead nowhere," Foreign Ministry spokesman Abbas Mousavi says. Iran's Parliament Speaker Ali Larijani says US President Trump's peace plan is "toying with a nation's dignity," warns it will lead to stronger resistance by Palestinian terrorist groups.

Accusing Washington of violating country's airspace with US drone, Iranian President says, "This American aggression is the start of new tensions by them in the region. We expect international bodies to react appropriately." Iranian Navy commander warns downing of American drone in the Persian Gulf could happen again.