Economy

Under the patronage and in the presence of Palestinian Authority Prime Minister Mohammed Shtayyeh, the Ministry of Local Government signed today four agreements with the Islamic Development Bank at a value of about 33 million US dollars.

Finland is making a contribution of €2 million to the Palestinian Authority to support the payment of medical referrals to East Al-Quds' Hospitals.

Gross Domestic Product (GDP) at constant prices increased by 7% in Palestine during the 3rd quarter 2021 compared to the parallel quarter 2020, said a report by Palestinian Central Bureau of Statistics (PCBS).

Qatar, the Palestinian Authority (PA) and Gaza's electrical company agreed on Sunday to advance a long-term project to supply Gaza's power plant with Israeli gas, a statement said.

Over 27% of Israelis live in poverty and 774,000 children, nearly a third (31%) of all children in Israel, live with food insecurity.

Some 2.54 million people in occupied territories, including 1.118 million Israeli children, live in poverty, according to a report released yesterday by the Latet non-profit aid organisation.

Operating the three wastewater treatment plants located in the east of the Refugee camp of Al Burij, middle of the Gaza Strip, is part of a project aimed to solve the issue of critical water situation in the besieged enclave.

Algeria's President Abdelmadjid Tebboune pledged $100 million in aid to the Palestinians, as Palestinian Authority Chief Mahmoud Abbas visited Algiers on Monday.

A Kuwaiti decree banned the entry of vessels carrying goods to or from Israel into Kuwait territorial waters.

Tel Aviv has been ranked as the most expensive city in the world to live in due to the rapid rise in inflation that has increased the prices of a whole range of goods and services following the coronavirus pandemic.

The salaries of civil servants in the Gaza Strip will be paid this month, as Egypt and Qatar agreed on a mechanism for the payment, Haaretz reports.

For the first time, businesswoman Sabrina supports the Palestinian women through a joint agreement between Cinta Gaza Malaysia and MAMASAB Foundation to fund several projects of the Ministry of Women's Affairs in Gaza to empower them.