Search Site

Saudi Aramco says foreigners grab ‘majority’ of share offering

Riyadh, Saudi Arabia - Oil giant Saudi Aramco said Sunday that international investors had snatched up the bulk of shares sold...

UBS-Credit Suisse merger completed

The fallen Credit Suisse AG legally ceases to exist.

Amazon to invest $17bn in Spain  

The investment will be made in data centers in Aragon region.

Microsoft unveils ‘AI-ready’ PCs

The company's pivot to AI has been celebrated by Wall Street.

TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

Israel furious as 3 European countries recognize Palestinian state

Palestinians inspect the damage after an Israeli airstrike in Rafah (Photo by Eyad AL-BABA / AFP)
  • Ireland, Norway and Spain said they would formally recognize the State of Palestine on May 28.
  • Israel strongly opposes the move, arguing that it amounts to "rewarding terrorism"

Israel reacted with fury after three European countries said Wednesday they would recognize a Palestinian state, more than seven months into the devastating Gaza war.

Ireland, Norway and Spain said they would formally recognize the State of Palestine on May 28.

The Palestine Liberation Organisation (PLO) says European recognition was ‘historical’.

A senior Hamas official said Wednesday it was the “brave resistance” of the Palestinian people that spurred three European countries in quick succession — Norway, Ireland and Spain — to recognize a State of Palestine.

“These successive recognitions are the direct result of this brave resistance and the legendary steadfastness of the Palestinian people… We believe this will be a turning point in the international position on the Palestinian issue,” Bassem Naim, a senior Hamas political bureau member, told AFP.

“We consider this an important step towards affirming our right to our land,” Hamas said in a statement, calling “on countries around the world to recognize our legitimate national rights”.

Israel strongly opposes the move, arguing that it amounts to “rewarding terrorism” after the Palestinian militant group Hamas launched its unprecedented October 7 attack on Israel which sparked the bloodiest-ever Gaza war.

Israel said it was recalling its envoys to Ireland and Norway for “urgent consultations” and was expected to do the same with its ambassador to Spain.

Foreign Minister Israel Katz charged that “the twisted step of these countries is an injustice to the memory of the 7/10 victims.”

Most Western governments including the United States say they are willing to one day recognise Palestinian statehood — but not before agreement is reached on thorny issues like its final borders and the status of Jerusalem.

However, Spain’s Prime Minister Pedro Sanchez charged that his Israeli counterpart Benjamin Netanyahu’s campaign of “pain and destruction” in the Gaza Strip was now putting the two-state solution in “danger”.

Norwegian Prime Minister Jonas Gahr Store said “Recognition of Palestine is a means of supporting the moderate forces which have been losing ground in this protracted and brutal conflict”.

“Amid a war, with tens of thousands killed and injured, we must keep alive the only alternative that offers a political solution for Israelis and Palestinians alike: Two states, living side by side, in peace and security.”

According to the Palestinian Authority, which rules parts of the occupied West Bank, 142 of the 193 UN member countries already recognize a Palestinian state.

A senior Hamas figure, Bassem Naim, hailed the three European governments for their decisions.

“These successive recognitions are the direct result of this brave resistance and the legendary steadfastness of the Palestinian people,” he told AFP.

“We believe this will be a turning point in the international position on the Palestinian issue.”

Irish Prime Minister Simon Harris called the October 7 attack  “barbaric” but added that “a two-state solution is the only way out of the generational cycles of violence, retaliation and resentment”.