Netanyahu has served five terms as Israel's Prime Minister, making him one of the longest-serving premiers in the country's 70-year-long history.
Israel's current Prime Minister Benjamin Netanyahu faced Israeli media headlines on Friday suggesting power is slipping from his grasp after an election in which he trails his main rival with nearly all votes counted.
The right-wing leader failed on Tuesday, for the second time in five months, to secure a clear election victory and the centrist Blue and White party led by ex-armed forces chief Benny Gantz rebuffed his calls to join a unity government on Thursday.
Near-final results released on Friday by the Knesset’s election committee showed Blue and White will be the largest single party in the new parliament with 33 of the 120 seats, with Netanyahu’s Likud winning 31 seats, three less than it had before.
Israeli newspapers and commentators depicted the 69-year-old leader as in a weakened position, with headlines such as: “Himself Alone” and “Political Death Spasms”.
President Reuven Rivlin will on Sunday start consultations with the parties about choosing a leader to put together a coalition.
There were only narrow differences in the two main parties’ campaigns on many important issues, and an end to the Netanyahu era would be unlikely to bring significant changes in policy on relations with the United States, the regional struggle against Iran or the Palestinian conflict.