Economy

The overall Industrial Production Index (IPI) in Palestine increased in August by 14.47% compared to July, today said the Palestinian Central Bureau of Statistics (PCBS).

The United Nations Relief and Works Agency for Palestine Refugees (UNRWA) announced it will be seeking $800 million to maintain services to the Palestinian refugees at a donor conference scheduled for November in Brussels.

Palestine and Denmark signed a $72 million grant agreement over the next five years, which PA Prime Minister Mohammad Shtayyeh described as part of the process to reach independence.

Nearly 25 per cent of Israeli families with children are experiencing food insecurity, new data from Israel's largest anti-poverty NGO shows.

The head of the Popular International Committee to Support Palestine has said that lifting the siege on Gaza, reconstruction across the coastal territory and improving the living conditions of its residents are non-negotiable human rights.

The Ministry of Public Works and Housing in the besieged Gaza Strip announced that reconstruction of the enclave is set to begin soon but there are fears that donor countries will not fulfil their pledges.

Fifteen years ago, the Israeli authorities imposed a severe blockade on the Gaza Strip's population of more than 2, 200,000 people in a geographical area of just 360 km.

Qatar's envoy to Gaza said on Monday that aid from his country will be distributed soon in Gaza, including to employees of the Hamas government, AFP reports.

Israeli airlines are facing new waves of mass layoffs and potential collapse as the global aviation market continues to be pummeled by the COVID-19 pandemic.

The grant is provided by Germany, in partnership with Ireland, Finland, and Norway, to support the education sector.

The background is the intention of Israel's airlines to shed more workers. Disruptions to flights could start within two weeks.

A senior official from the Palestinian Islamic Resistance Movement, Hamas, says the Palestinian nation and resistance groups will not remain silent in the face of the deteriorating economic situation in the Gaza Strip caused by the tight Israeli blockade, and will take proper measures to assuage the sufferings of the local people.