This article is an example of FAKE NEWS. It fails to mention a critical element: the new law applies to the Israeli areas of the West Bank, not to the Arab ones. 

It is time to explain to Arabs that they are not entitled to all Palestinian lands, that Israel has a right to exist too. They should be reminded, that Arab states got 99.9% of Ottoman empire, that they already have 22 states, that there is already a state of Palestinian Arabs - Jordan, and that acting as spoiled brats has its limits.