The General Assembly of the Israeli parliament (the Knesset) will hold a special session on Sunday afternoon to give confidence and vote on the new government, which may end the 12-year rule of current Prime Minister Benjamin Netanyahu.
High-tech millionaire Naftali Bennett, leader of the hardline Yamina party, will alternate in the leadership of the new coalition government.
He will be followed in the role by the famous former TV presenter Yair Lapid, leader of the centrist opposition party "There is a future", for a term of two years each, according to the coalition agreement between them.
Bennett will be the first to lead the government until August 27, 2023, and then Lapid will head the government until November 2025, according to Haaretz.
The session will include speeches by Bennett, Lapid and Netanyahu, who will lead the opposition parties, as well as a vote to elect a new Knesset speaker, Mickey Levy from the "There is a Future" party.
The new government coalition consists of 8 parties extending in their political orientations from the far right to the far left, including for the first time the Palestinians of 48.
Netanyahu, 71, failed to form a government after the fourth elections in Israel in two years, on March 23.
If Lapid and Bennett's government fails to win a majority in the Knesset, Israel is likely to hold its fifth elections in less than two years, after inconclusive elections held on March 23, but which were crowned by the new coalition agreement.