The victim has been named as Adiel Kolman, a 32-year-old father of four from the Kochav Hashachar settlement. He was critically injured in the afternoon attack and died of his wounds in hospital.
The killer was shot dead at the scene by a police officer. He was identified as 28-year-old Abd al-Rahman Bani Fadel, a father of two from the village of Aqraba, near the West Bank city of Nablus.
Portions of the Old City were closed down following the attack, police said.
Middle East Minister Rt. Hon. Alistair Burt MP, condemned the attack: “Sunday’s fatal stabbing in Jerusalem’s Old City is awful news. The people in this Holy place deserve peace, not terror. My thoughts are with the family of the victim”.
On Friday, two Israeli soldiers were killed and two others were injured when a Palestinian man rammed his car into them as they were standing outside a military observation post along a highway near the Mevo Dotan settlement in the northern West Bank.
Since September 2015, 65 innocent people have been killed in a wave of stabbing, car-ramming, and shooting attacks by Palestinians (including a Palestinian, a British student, an Eritrean, and two Americans).