{"id":7542,"date":"2025-09-18T17:46:18","date_gmt":"2025-09-18T17:46:18","guid":{"rendered":"https:\/\/jobuzo.com\/en\/gaza-could-be-real-estate-bonanza-israeli-minister-says\/"},"modified":"2025-09-18T17:46:18","modified_gmt":"2025-09-18T17:46:18","slug":"gaza-could-be-real-estate-bonanza-israeli-minister-says","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/gaza-could-be-real-estate-bonanza-israeli-minister-says\/","title":{"rendered":"Gaza could be ‘real estate bonanza’, Israeli minister says"},"content":{"rendered":"
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A controversial Israeli minister has said Gaza could be a “real estate bonanza” – and that a business plan for redeveloping it had been sent to the US president.<\/p>\n

Bezalel Smotrich, the country’s far-right finance chief, told a Tel Aviv conference he had “started negotiations” with the US on how to share the proceeds of any future deal.<\/p>\n

The comments echo controversial remarks by Donald Trump<\/strong> in February, when he said America would take over Gaza<\/strong> and redevelop it into the “riviera of the Middle East” – with its population going to “various domains”.<\/p>\n

He later shared a AI-generated video showing it as a Dubai-style city, featuring exotic beaches, skyscrapers, luxury yachts and people partying.<\/p>\n

Mr Smotrich told the urban regeneration event “there’s a business plan set by the most professional people there is and is on President Trump’s table and how this thing turns into a real estate bonanza. I’m not kidding; it pays off”.<\/p>\n

The minister, who is sanctioned by countries including the UK, Canada and Australia<\/strong>, claimed discussions were already under way on how cash from redeveloping Gaza’s shattered landscape would be allocated.<\/p>\n

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Mr Smotrich said Israel<\/strong> had “paid a lot of money for this war, so we need to divide how we make a percentage on the land marketing later in Gaza”.<\/p>\n

He added: “We’ve done the demolition phase, which is always the first phase of urban renewal. Now we need to build; it’s much cheaper.”<\/p>\n

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Tanks roll into Gaza as Israeli offensive begins<\/span>
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Any effort to forcibly displace Gaza’s population for a building project would almost certainly breach the Geneva Convention and cause international outrage – as Mr Trump found when he mooted his plan earlier this year.<\/p>\n

News :<\/span>Migrant acquitted in first trial over US border military zones<\/span><\/a><\/div>

Israel’s offensive in Gaza ratcheted up this week as it launched a major ground offensive to seize all of Gaza City<\/strong> and destroy Hamas.<\/p>\n

Thousands are heading south with whatever they can in an effort to avoid being killed in the fighting.<\/p>\n

The operation has prompted widespread condemnation, with UK Foreign Secretary Yvette Cooper calling it “utterly reckless and appalling”.<\/p>\n

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Ms Cooper – who helped greet the pro-Israel President Trump when he landed in Britain on Tuesday – said it would “only bring more bloodshed, kill more innocent civilians & endanger the remaining hostages”.<\/p>\n

With no sign of an imminent ceasefire in Gaza and the situation increasingly dire, Prime Minister Sir Keir Starmer is expected to shortly announce Britain’s recognition of a Palestinian state.<\/p>\n

It is believed he could make the declaration at the weekend to avoid causing division on the issue while President Trump is in the country.<\/p>\n

The two leaders are holding talks today at Chequers, with the prime minister under pressure<\/strong> to urge Mr Trump to use his influence over Israel to rein in its new offensive.<\/p>\n

The prime minister said in July that recognition would come unless Israel met certain conditions<\/strong>, including taking “substantive steps” to end the war and commit to long-term peace.<\/p>\n

France, Canada and Australia are also set to recognise a Palestinian state at the UN General Assembly next month, while Ireland, Spain and Norway all took the step last year.<\/p>\n

Read more:
What does recognising a Palestinian state mean?
Sadiq Khan calls out Gaza ‘genocide’<\/strong><\/p>\n

Israel says the recognition of a Palestinian state is unacceptable, rewards Hamas, and makes it harder to create the conditions needed to free the remaining hostages.<\/p>\n

This comes as the Israeli military said that it has advised the government to stop the entry of humanitarian aid for Gaza from Jordan after a deadly shooting.<\/p>\n

The shooting at the Allenby Crossing into the West Bank on Thursday involved a driver bringing humanitarian aid from Jordan for Gaza, who opened fire and killed two Israelis before being shot dead by security forces.<\/p>\n

Israel called the incident a “terror attack” at the only gateway for Palestinians from the Israeli-occupied West Bank to Jordan, but no group has immediately claimed responsibility for the shooting.<\/p>\n

“The driver accused of the operation is Abdul Mutalib al-Qaisi, born in 1968. He is a civilian who began working as a driver delivering aid to Gaza three months ago,” Jordan’s foreign ministry said, adding that the shooting is a threat to its humanitarian role in Gaza.<\/p>\n

More than 65,000 people in Gaza have now been killed in the war<\/strong>, according to the Hamas-run health ministry. The figure does not specify the number of Hamas members killed.<\/p>\n

At least 63 people were killed on Wednesday, with most of the casualties in Gaza City, local health authorities said.<\/p>\n

The Hamas terror attack on Israel in October 2023 saw around 1,200 people killed and 251 people taken hostage. Forty-eight remain in Gaza, but fewer than half are thought to still be alive.<\/p>\n

A report this week from a UN commission said Israel was committing genocide<\/strong> in Gaza – a claim the country vehemently denies as “distorted and false”.<\/p>\n

Sky News analysis shows thousands of families remain in crowded tent camps in Gaza City, with the UN estimating last week that a million people remain there.<\/p>\n

Israel, however, believes 40% of the population has already fled south and on Wednesday opened a new evacuation route for 48 hours.<\/p>\n<\/div>\n

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Gaza could be ‘real estate bonanza’, Israeli minister says<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

A controversial Israeli minister has said Gaza could be a “real estate bonanza” – and that a business plan for redeveloping it had been sent to the US president. Bezalel Smotrich, the country’s far-right finance chief, told a Tel Aviv conference he had “started negotiations” with the US on how to share the proceeds of…<\/p>\n

Read More “Gaza could be ‘real estate bonanza’, Israeli minister says”<\/span> »<\/a><\/p>\n","protected":false},"author":1,"featured_media":7543,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/7542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=7542"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/7542\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/7543"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=7542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=7542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=7542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}