A U.S.-led conference in Bahrain designed to drum up investment in the Palestinian economy and pave a path to peace with Israel has gone largely unremarked by Israelis preoccupied with a political crisis and their arch-foe Iran.

A day after the Trump administration wrapped up an international conference meant to lay the economic foundations for Israeli-Palestinian peace, the Palestinian premier said it was "divorced from reality" and unlikely to evolve into a political plan.

The Trump administration organized an economic workshop in Bahrain on June 25 and 26, purportedly aimed at resolving the decades-old Israeli-Palestinian conflict. Under the title "Peace to Prosperity", the White house seeks to undermine Palestine, its people, and rights.

Former Israeli Foreign Minister Tzipi Livni said she came to Bahrain few days before the economic workshop.

Oman said Wednesday that it has decided to open an embassy in the Palestinian territories in support of the Palestinian people, in a first for a Gulf Arab state.

Palestinian leaders accused the Trump administration of punishing them with one hand and offering to reward them with the other, as protesters turned out in the West Bank and Gaza on Wednesday to demonstrate against a U.S. economic peace plan.

The sultanate of Oman has announced it will open an embassy in the West Bank, in the city of Ramallah. The announcement comes as Bahrain hosts a summit on a U.S. Mideast peace plan by the Trump administration, focusing on the Palestinian economy.

A Saudi Arabian delegation led by Finance Minister Mohammed Al-Jadaan is to take part in Bahrain conference on economic development in the Palestinian territories, the Saudi Press Agency said.

The "People's Movement" held a solidarity stand in front of the Bahraini Embassy in Beirut against the economic workshop taking place in Manama.

Thousands of Palestinians demonstrated Tuesday throughout the occupied West Bank and the Gaza Strip against the launch of the US administration's Middle East peace plan.

The Trump administration launched a $50 billion economic formula for Israeli-Palestinian peace on Tuesday, saying an investment program for the Palestinians was a precondition for ending the decades-old conflict.

Bahrain's king met on Tuesday with the U.S. delegation participating in a workshop in Manama discussing a U.S. economic plan for the Palestinians.

The so-called deal of the century is based on an economic rather than political solution that is being pushed by the Gulf States supporting the deal. This US-Gulf settlement does not include a political solution or any discussion about the State of Palestine.

The US-led deal of the century is being held in Manama today (June 25, 2019), in the presence of Israel and participation of Saudi Arabia, Jordan, Egypt, United Arab Emirates, Oman and Morocco, amid the boycott of Palestine, Syria, Libya, Qatar, Lebanon, Iraq and Kuwait.

Footage circulated on social media outlets showing a broadcast of an Israeli media outlet from the Bahraini capital, Manama.

A handful of Israeli journalists were making their way to Bahrain on Monday after getting special permission to attend a US-led economic conference on Israeli-Palestinian peace, hosted by the Gulf kingdom.

Egypt will take part in a Bahrain conference this week on Palestinian economic development in order to evaluate the proposed $50 billion "Peace to Prosperity" plan, Foreign Minister Sameh Shoukry said on Monday.

The United Arab Emirates said on Monday minister of state for financial affairs Obeid al-Tayer will lead its delegation to a meeting in Bahrain on an economic blueprint for Middle East peace.

Palestinians don't need this week's U.S.-led Bahrain meeting to develop their country, they need peace, Palestinian Finance Minister Shukri Bishara said on Sunday.

Jordan said on Saturday it will send its deputy finance minister to attend the U.S.-sponsored Bahrain conference on Palestinian economic development next week.