• Britain seizes Palestine from the Ottomans and gives support to a "national home for the Jewish people" in Palestine through the Balfour Declaration. 

  • Israel declares independence as the British mandate ends.

  • Israel's War of Independence ends with armistice agreements between Israel, Egypt, Jordan, Lebanon, and Syria; Israeli territory increases by 50%.

  • Israel, along with Britain and France, invades Egypt during the Suez Crisis to re-open the canal to Israeli shipping.

  • Israeli forces strike targets in Egypt, Jordan, and Syria in response to a buildup of Arab armies along Israel's border. Israel gains control of the Sinai Peninsula, the Golan Heights, the Gaza Strip, the West Bank, and East Jerusalem.

  • A new austerity program is implemented to tackle hyperinflation and stabilize Israel's currency.  Subsequently, a new currency, the New Israeli Shekel, introduced.  

  • Israeli and Palestinian leaders participate in an international conference in Annapolis, Maryland, and commit to launch negotiations towards the establishment of a Palestinian state in the West Bank and Gaza with a realization of peace.

  • Major offshore natural gas deposits are discovered. 

  • Nine Turkish pro-Palestinian activists killed in clashes during Israeli boarding of ships attempting to break blockade of Gaza. Relations with Turkey approach breaking point. Israel apologises for deaths in 2013.

  • Rising prices prompt major protests. Government improves competition in food market and makes cheaper housing more available.

  • Israel launches week-long military campaign against Gaza-based armed groups following months of escalating rocket attacks on Israeli towns.

  •  Mr Netanyahu replaces most religious Jewish groups with centrist and secular parties in government after the latter's strong showing in January elections.

  • Energy and Water Minister Silvan Shalom attends renewable energy conference in Abu Dhabi, leading a business delegation in first visit to United Arab Emirates since 2010.

  • Prime Minister Netanyahu forms a new coalition government after March elections with right-wing Bayit Yehudi (Jewish Home) party. Another right-wing party, Yisrael Beitenu, joins the following year.

  • Israel and Turkey reach agreement over 2010 Gaza flotilla raid and normalise relations.

  • US President Donald Trump recognises Jerusalem as the capital of Israel, upsetting the Arab world and some Western allies.

  • The United Arab Emirates become the first Gulf state to establish diplomatic relations with Israel.

  • Naftali Bennett of the Jewish nationalist Yamina party forms a broad coalition to oust Benjamin Netanyahu.

Sources:

BBC News open_in_new
Britannica open_in_new