The Health Ministry said the child was shot in the head, and was rushed to the Gaza European Hospital, where he underwent an urgent surgery, but remained in a very critical condition until he succumbed to his wounds.
In what the military said was a direct response, Israeli warplanes on Friday night attacked "six military targets belonging to the Hamas terror organisation's naval force in the Gaza Strip".
For the fifth consecutive week, the Israeli military rained live ammunition on thousands of unarmed Palestinian protesters in Gaza yesterday, killing three and wounding between 600 and 900 people.
Oweida was the fourth person to have died from Friday's clashes, according to the ministry's figures, which said 955 people were wounded during the protests.
Dozens more, including four medics, were treated for gas inhalation, as Israeli forces showered the area with tear gas canisters from behind their fortifications in Israel.
The army added that more than 10,000 Palestinians participated in Friday's events, saying "attempts have been made to harm security infrastructure, roll burning tires, hurl rocks and fly kites with flaming objects attached to them".
Others cleared away barbed wire which Israeli troops had placed in Gaza territory overnight in a bid to create a buffer zone.
Eyewitnesses said the two boats were badly damaged. No casualties were reported.
Teenagers Died after a Storm in Israel
Haaretz reports that one of the girls who died on the ill-fated trip messaged friends the night before to share her misgivings. Large number of police, fire brigades and army personnel have been set up to look for the missing person.
In line with the total support of the American government for Israel's assault on the protests, the media has either remained silent about yesterday's killings or explicitly defended them.
The call from the worldwide rights group for a halt of weapons sales to Israel came as the UN High Commissioner for Human Rights Ra'ad al-Hussein put the death toll at 42 Palestinians, with no reports of Israeli casualties.
"The loss of life is deplorable, and the staggering number of injuries caused by live ammunition only confirms the sense that excessive force has been used against demonstrators - not once, not twice, but repeatedly", said Zeid.
Israel has rejected the global criticism, saying it is defending its sovereign border and accusing Gaza's Hamas leaders, who are organizing the protests, of using the crowds as cover to carry out attacks. "This is evil in its purest form", Dannon said.
The Israeli military accused Gaza's Hamas leaders of orchestrating what it called a "serious and irregular" attack and said it would not tolerate similar activity in the future.
"Danon's comments are an attempt to escape responsibility and to cover up for the execution of unarmed children and people by occupation soldiers", said Hamas official Mushir Al-Masri.
For the last four weeks, Gazans have staged rallies along the border to demand the "right of return" to their homes in historical Palestine from which they were driven in 1948 to make way for the new state of Israel. Israel refuses any right of return, fearing that the country would lose its Jewish majority.
More than 2 million Palestinians are packed into the narrow coastal enclave.
Israel maintains it has acted legitimately to protect its civilians from militants trying to breach the border. He also thanked Malaysia and Egypt for allowing the body to be repatriated to Gaza "against the will of" Israeli Defense Minister Avigdor Lieberman.