Magnum Research has announced the new Baby Desert Eagle III line of pistols. It took me a few seconds to realize it, but this appears to be the BUL Cherokee with a full length dust cover and a slide safety. It’s not so obvious with the steel version pictured above, but take a look at these two guns:
There are clearly some changes to the frame and slide (probably to more closely mimic the old BDE II), but I’m unaware of any other existing Tanfoglio clone that has a similar frame. The steel version is also using a frame that looks suspiciously like that of the old BUL Storm.
UPDATE 4/3/2015: all4shooters confirmed a couple months ago at SHOT that the BDE III is being made by BUL Transmark. Given the changes over the Cherokee, which appear substantial, I think this qualifies as a completely new model of Israeli-manufactured handgun.