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Members of parliament elected in September 17 polls will take their oaths of office at 4 pm (1300 GMT) in a ceremony that will to a large degree be hollow due to deadlocked coalition talks.
The stalemate has even raised the risk that the new parliament’s term will be extremely short since it could cause yet another election.
It would be the third in the space of a year after April polls too ended inconclusively, with Netanyahu unable to form a coalition afterwards.
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At the same time, Netanyahu’s lawyers are seeking to fend off corruption charges against him at a four-day, closed-door hearing that began at the attorney general’s office on Wednesday.
His unity government efforts have failed so far, with the two sides at odds on a range of issues, including who would be prime minister first in a rotation arrangement. On Thursday morning, Netanyahu met with ex-defence minister Avigdor Lieberman, whose nationalist Yisrael Beitenu party could end up as kingmakers.
Lieberman has declined to endorse either Netanyahu or Gantz for now and has called for a unity government between the three parties.
Netanyahu’s right-wing Likud said the meeting ended without a breakthrough, while Lieberman said afterwards that he had reiterated his demand for a unity administration.
Lieberman said in a statement that “in light of security and economic challenges, a unity government is the order of the day”. “Further elections will not materially change the political map,” said the former Netanyahu ally turned rival.
Blue and White finished with the largest number of seats in the election – 33 compared to Likud’s 32.
Neither has a clear path to a majority coalition, but Netanyahu received one more endorsement for prime minister than Gantz from MPs, resulting in President Reuven Rivlin tasking him with forming a government last week.
While parliament is being sworn in, Netanyahu’s pre-indictment hearing will continue across town.
Only Netanyahu’s lawyers and not the prime minister himself are attending the hearing, which gives them a last chance to convince Attorney General Avichai Mandelblit not to file corruption charges.
The mainly Arab Joint List won 13 seats in the election, making it the third-largest bloc in parliament.