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The fragile Palestinian economy in the Gaza Strip has been largely affected by the Russian-Ukrainian war, which has caused price hikes and an increase in taxes. ....
Delayed reconstruction in Gaza exacerbates suffering of homeowners al-monitor.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from al-monitor.com Daily Mail and Mail on Sunday newspapers.
Eleven days of relentless Israeli attacks has caused heavy damage to Gaza s factories and farmland. Palestinian employees work at the Al-Arees ice cream factory in Khan Yunis in the southern Gaza Strip on April 7, 2012. - SAID KHATIB/AFP via Getty Images May 21, 2021 GAZA CITY, Gaza Strip Sami al-Ghazali, the owner of the Maatoug Booza Factory, never thought that his investments in the local ice cream business in Gaza’s supposedly safe industrial zone would vanish in a blink of an eye. But on May 17, his factory was bombed by Israeli artillery shells and completely destroyed. “I invested more than $500,000 to establish the factory in a safe area far from any potential Israeli attack,” Ghazali told Al-Monitor. ....