Egypt Financial News

By Suleiman Al-Khalidi and Maya Gebeily

El Deif' or the Guest, because, for decades, he has stayed in different houses every night to avoid being tracked, and killed, by Israel and he is now in charge of the militant group's military wing, the Al Qassem Brigades, the media reported. Thought to have been born in the 1960s, El Deif is little known to ordinary Palestinians, CNN quoted Mkhaimar Abusada, a professor of political science at Al Azah University in Gaza, as saying. “He’s very much like a ghost to the majority of the Palestinians,” he said. The Al Qassem Brigades were opposed to the peace process embraced by Yassir Arafat, then-leader of the Palestine Liberation Organization, and the 1993 Oslo Accords that were supposed to pave the way to a two-state solution of a new Palestine living in peace alongside Israel. In 1996, El Deif, an accomplished bomb maker, was behind a wave of four suicide attacks that killed 65 people in Jerusalem and Tel Aviv and other outrages intended to derail the peace process, CNN reported. The tighter the Israeli and Egyptian control over Gaza’s borders – the more Hamas (and other groups) developed military means to fight back. Chief among them is rockets. Primitive at first, the missiles have been improved and refined over years of help from Iran. The Tehran theocracy, also dedicated to the eradication of the Jewish state, trained engineers, organised technology transfers and guided developments to create rockets capable of hitting Jerusalem and Tel Aviv, CNN reported. Men like El Deif, the bomb makers and decision takers, were hunted by Israel. In 2014, an air strike killed his wife and daughter.

There is no official record of how the celebration of ‘National Dessert Day’ began. There is no official story behind the celebration of the day. However, the true essence of its celebration lies in sweet dishes savoured across the world.

A government audit of one of Canada’s largest Muslim charities alleges some of its directors and employees were involved in “an apparent Hamas support network.”

International Criminal Court has jurisdiction over potential war crimes carried out by Hamas militants in Israel and Israelis in the Gaza Strip, even though Israel is not a member state, the ICC's top prosecutor told Reuters on Thursday. The occupied Palestinian territories including the Gaza Strip fall under the jurisdiction of the ICC, meaning the court has the authority to prosecute Hamas, the Palestinian militant group that rules Gaza. «If there is evidence that Palestinians, whether they're Hamas or Al Quds Brigades or the armed wing of Hamas or any other person or any other national of any other state party, has committed crimes. Yes, we have jurisdiction wherever they're committed, including on the territory of Israel,» ICC prosecutor Karim Khan said in an interview. In his first comments since Hamas launched brutal attacks on Israel on Saturday and Israel responded with devastating bombings of the Gaza Strip, he said the images are «heartbreaking».

Hardeep Singh Nijjar. India has asked Canada to withdraw the diplomats after Canadian PM Justin Trudeau alleged the involvement of Indian agents in the Nijjar killing. However, the claim has been vehemently rejected by India.

Blinken on Friday began a tour of Arab capitals as he seeks to build pressure on Hamas while Israel readies a likely massive offensive on the Gaza Strip following the militants' attacks. The top US diplomat will meet Jordan's King Abdullah II, a longtime US partner, and Palestinian president Mahmud Abbas in Amman and will then visit Qatar, Saudi Arabia, Egypt and the United Arab Emirates. Blinken spent Thursday in Tel Aviv where he promised unwavering solidarity to US ally Israel after the surprise October 7 offensive by Hamas, who killed over 1,200 people and took about 150 more hostage. The United States has publicly blessed reprisals by Israel, which on Friday called for the immediate relocation of 1.1 million people in the Hamas-ruled Gaza Strip, which is already under an Israeli blockade. Israel has killed more than 1,400 people in strikes in the Gaza Strip since the Hamas attack and has cut off food, water and electricity. Qatar, where Blinken will head immediately after Jordan, has longstanding ties with Hamas and has been seen as an intermediary in freeing the hostages. «We'll continue pressing countries to help prevent the conflict from spreading, and to use their leverage with Hamas to immediately and unconditionally release the hostages,» Blinken said late Thursday in Tel Aviv. «We'll also discuss how we can continue to make real our affirmative vision for a region that's more peaceful, more prosperous, more secure, more integrated. »In fact, that is the choice, and the choice in some ways has been made even more stark by the actions of Hamas." Saudi Arabia in the weeks before the attacks had spoken of progress in US-led diplomacy to normalise relations with Israel — a landmark step for the

Israel left Thursday evening from the Ben Gurion airport carrying 211 adults and an infant living in the war-battered region. The passengers were chosen on a «first come first serve» basis after a drive launched by the Indian embassy for all Indians to register at the mission's database. The government is bearing the cost of their return.

A call for demonstrations across the Muslim world Friday in support of Palestinians is causing security worries among Jewish organizations in Canada.

The International Monetary Fund says Middle East economies are gradually recovering as external shocks from the war in Ukraine and global inflation fade

By Humeyra Pamuk

Israel on Thursday as its military pulverised the Hamas-ruled Gaza Strip with airstrikes and prepared for a possible ground invasion. As Palestinians tried to stock up on bread and groceries amid dwindling supplies, Israel said nothing would be allowed into Gaza until around 150 hostages taken captive by Hamas during a weekend attack are freed. International aid groups warned of worsening humanitarian crisis after Israel stopped all deliveries of food, water, fuel and electricity to the tiny enclave of 2.3 million people and prevented entry of supplies from Egypt.

By Oriana Boselli

Hamas, its foreign affairs ministry said Wednesday. Brazilian Foreign Affairs Minister Mauro Vieira has interrupted an Asia trip to travel 'to New York to participate in a meeting of the United Nations Security Council, called by Brazil… to address the situation in the Gaza Strip,' the Ministry said in a statement. Brazil previously called an emergency meeting of the Security Council on Sunday, the day after Hamas launched a surprise attack on Israel. Israeli forces say 1,200 people, most of them civilians, were killed in the onslaught, the worst in the country's history. As Israel pounded Hamas targets in the Gaza Strip, a densely populated enclave of 2.3 million people, in response, the death toll there has also reached 1,200 people, including a high number of civilians, according to Palestinian authorities. More than 3,38,000 people in the enclave have been displaced, according to the United Nations. At Sunday's Security Council meeting, members were divided over policy concerning Israel and the Palestinians. Earlier on Wednesday, Brazilian President Luiz Inacio Lula da Silva called for urgent international action to protect both Palestinian and Israeli civilians, especially children. «Children must never be held hostage, anywhere in the world,» Lula wrote on social media platform X. «Hamas needs to free the Israeli children who were kidnapped from their families.

What is the genesis of this crisis? It’s an incendiary mix of politics, religion and economics. Modern Palestine was populated with Jews from the global diaspora—a British imperial drive—in 1948. Around 750,000 Palestinians were expelled as Jews captured 78% of the land.

Ismail Haniyeh is a prominent Palestinian political figure who has played a pivotal role in the complex and tumultuous landscape of Palestinian politics. With a career marked by highs and lows, Haniyeh's journey reflects the enduring struggle for Palestinian self-determination and statehood. He is a millionaire, stemming from the 20% tax charged on all items entering through tunnels from Egypt to the Gaza Strip. He ordered the recent attack on Israel over the weekend, which resulted in over 1,500 deaths on both sides. Haniyeh is currently leading a lavish lifestyle in Qatar and reportedly watched the aggressions from the comfort of his office.

Gaza Strip neighbourhood by neighbourhood Tuesday, reducing buildings to rubble and sending people scrambling to find safety in the tiny, sealed-off territory now suffering severe retaliation for the deadly weekend attack by Hamas militants. Humanitarian groups pleaded for the creation of corridors to get aid into Gaza and warned that hospitals overwhelmed with wounded people were running out of supplies. Israel has stopped entry of food, fuel and medicines into Gaza, and the sole remaining access from Egypt shut down Tuesday after airstrikes hit near the border crossing.

Also Read: Israel-Hamas War LIVE Updates: Palestinians struggle for safety as Israel pounds sealed-off Gaza Strip Here are some of the major milestones in its recent history. 1948 - End of British rule As British colonial rule came to an end in Palestine in the late 1940s, violence intensified between Jews and Arabs, culminating in war between the newly created State of Israel and its Arab neighbors in May 1948. Tens of thousands of Palestinians took refuge in Gaza after fleeing or being driven from their homes.

PepsiCo on Tuesday said its Indian business delivered a «double-digit growth» in beverage unit volumes in the third quarter of 2023. However, its «convenient foods business» had a «mid-single-digit» decline in unit volume in the September quarter, according to a global earnings statement from the food and beverages major.

Israel intensified airstrikes on Gaza on Tuesday while the Israeli military prepared for a ground invasion of the Palestinian enclave that Israeli officials warned could be more destructive than any offensive there in recent history. Israeli airstrikes reduced parts of an exclusive Gaza City neighborhood to rubble as the Israeli government stepped up its reaction to this weekend’s cross-border incursion by Hamas gunmen who killed more than 900 Israelis and took more than 100 hostage. Israeli strikes have killed more than 780 people in Gaza since, according to the enclave’s health ministry.

Gaza is burning as Israeli forces methodically proceed to dismantle its structures of terror. The coming retribution will be terrible, but it is necessary and just. Hamas has lost the right to rule Gaza.