RAMALLAH, August 1, 2012 (WAFA) – The main front page story of Wednesday’s issue of al-Ayyam Arabic newspaper highlighted a Palestinian-Israeli meeting to discuss taxation and other economic issues in a move to limit Palestinian financial losses from tax revenues.

The prime headline in al-Quds daily reported on official figures disclosed by the Israeli government showing that Prime Minister Binyamin Netanyahu government’s spending on West Bank settlements has increased by 38% in 2011.

Israeli media reports on a letter from the Egyptian President Mohamed Morsi to his Israeli counterpart Shimon Peres in which he vowed to help revive the Palestinian-Israeli peace process appeared on the front page of al-Hayat al-Jadida. The Egyptian presidency issued a formal denial of the reports.

The three dailies featured statements by Sheikh Raed Salah, head of the Islamic movement in Israel, warning of the ongoing Israeli excavations threatening al-Aqsa Mosque and the elaborate Israeli schemes to juadize Jerusalem.

Al-Ayyam focused on the violent outbreaks in Syria as battles continue between the Syrian army and the opposition troops who seized new sites in Aleppo. The daily printed a photo of two Syrian fighters preparing anti-aircraft gun in the city.

R.Q./M.S.