Company Lookup
عربي
Download Demo
 

Market News

This Month News

This Month News

send to a friend by email

Israel allows more building material into Gaza

2013-09-23

GAZA (Reuters) - Israel began allowing construction material for private projects into the Gaza Strip on Sunday for the first time in six years, in response to a request from Palestinian President Mahmoud Abbas, an Israeli defense official said. Abbas, chairman of the Palestine Liberation Organization (PLO), which governs the West Bank but not Gaza, restarted peace talks with Israel in July. Gaza, which is run by Hamas Islamists, has been struggling with a shortage of building material that has worsened since July, when the Egyptian military began a crackdown on tunnels used to smuggle goods and weapons from Egypt into the neighboring Palestinian enclave. The Israeli defense official said on Tuesday that 350 truckloads a week of gravel, cement and steel would be delivered to Gaza for use by private builders for the first time since Hamas took over the territory in 2007 and Israel imposed a blockade. At Kerem Shalom, the only Israeli-operating crossing with Gaza, witnesses saw a column of trucks carrying building material enter the facility, where the cargo would be offloaded and transferred to Palestinian vehicles. But Raed Fattouh, the West Bank-based Palestinian coordinator of supplies into Gaza, said the 70 truckloads Israel was expected to transfer each work day would fall far short of the number needed to meet construction requirements. "Gaza is in need of up to 400 trucks of gravel, 200 trucks of cement and 100 trucks of steel every day. We have been urging the Israeli side to increase the working hours at the crossing to allow more goods to enter," Fattouh told Reuters. Israel had said it was restricting the import of building materials to Gaza out of concern Palestinian militants would use them for fortifications and weapons. Under international pressure, Israel began to ease the blockade in 2010 and allowed international aid agencies to bring in construction material. It further lifted some restrictions at the end of last year. Construction has slowed in recent weeks in Gaza due to Egypt"s severing of the underground smuggling lines, a sharp economic blow to a territory where the United Nations estimates unemployment has risen above 30 percent. Local assessments put the figure at 50 percent.  (Editing by Jeffrey Heller and Will Waterman)

 


 

2020-02-27
The PEX records average PE of 13.4x and average P/BV of 1.19x

2020-02-27
AIB proposes distributing 4.18% stocks dividends and 4.70% cash dividends for the year 2019

2020-02-26
GMC proposes distributing 6% cash dividends for the year 2019

2020-02-20
Al-Quds Index trades in a wide range amid distinguished financial disclosures

2020-02-19
JPH proposes distributing 10% cash dividends for the year 2019

2020-02-17
MIC reports net income of $1.56 million in 2019

2020-02-17
OOREDOO posts net income of $1.12 million in 2019

2020-02-17
GUI reports net income of $1.57 million in 2019

2020-02-17
BPC posts net income of $9.52 million in 2019

2020-02-17
PID realizes net loss of JD0.28 million in 2019

2020-02-17
JPH posts net income of $5.01 million in 2019

2020-02-17
AIG posts net income of $1.21 million in 2019

2020-02-17
JCC records net income of JD0.14 million in 2019

2020-02-16
ISBK posts net income of $14.52 million in 2019

2020-02-16
TIC posts net income of $2.10 million in 2019

2020-02-16
ELECTRODE records net income of JD0.007 million in 2019

2020-02-16
RSR posts net income of JD0.31 million in 2019

2020-02-16
NCI reports net income of $0.29 million in 2019

2020-02-16
PRICO realizes net loss of JD4.60 million in 2019

2020-02-16
WASSEL posts net income of $0.26 million in 2019

2020-02-16
AHC realizes net loss of JD1.25 million in 2019

2020-02-16
PEC reports net income of $12.45 million in 2019

2020-02-16
LADAEN realizes net loss of JD0.06 million in 2019

2020-02-16
PICO posts net income of $0.48 million in 2019

2020-02-16
JREI realizes net loss of $0.28 million in 2019

2020-02-16
NSC posts net income of JD0.59 million in 2019

2020-02-16
PIIC records net income of JD6.14 million in 2019

2020-02-16
PALTEL posts net income of JD63.97 million in 2019

2020-02-16
BOP records net income of $38.94 million in 2019

2020-02-16
TNB posts net income of $18.12 million in 2019

2020-02-16
NIC records net income of $7.17 million in 2019

2020-02-16
PIBC reports net income of $4.52 million in 2019

2020-02-16
AIB records net income of $9.01 million in 2019

2020-02-16
PADICO posts net income of $25.13 million in 2019

2020-02-16
TRUST posts net income of $4.01 million in 2019

2020-02-16
QUDS posts net income of $11.22 million in 2019

2020-02-13
Al-Quds Index at a new psychological barrier that has abandoned since August 2019

2020-02-13
UCI posts net income of $0.86 million at the end of 2019

2020-02-13
GMC reports net income of JD0.82 million at the end of 2019

2020-02-13
AZIZA posts net income of JD3.94 million at the end of 2019

2020-02-12
ABRAJ records net income of $1.46 million at the end of 2019

2020-02-12
BJP posts net income of JD1.37 million at the end of 2019

2020-02-12
VOIC posts net income of JD6.70 million at the end of 2019

2020-02-11
NIC proposes distributing 22.5% cash dividends for the year 2019

2020-02-09
GUI proposes distributing 10% cash dividends for the year 2019

2020-02-06
Al-Quds Index at its highest level since the beginning of the year

2020-02-06
PSE posts net income of $0.60 million at the end of 2019

2020-02-04
BPC proposes distributing 22% cash dividends for the year 2019

2020-02-03
APC records net income of JD0.85 million at the end of 2019

2020-02-03
APC recommends distributing 40% cash dividends for the year 2019

2020-02-03
PALTEL proposes distributing 40% cash dividends for the year 2019

 

 

 
Sahem Trading & Investments Company - PEX Member and licensed by PCMA
© All Rights Reserved 2013