Dozens of factories in Gaza are at risk of closing due to the fuel crisis, warned the Head of Gaza's Federation of Industries and the Palestinian Businessmen Association Ali al-Hayik. Al-Hayik called on the Hamas-led government to provide fuel to factories to avert a looming catastrophe for the local industry, Palestinian news agency (Ma'an) reported. He stressed that local business keeps the national economy active and provides employment, but has been hit by repeated disasters, including Israel's blockade of Gaza and Israeli military operations inducing damage. Private sector organizations are also affected by repeated electricity blackouts, weak transport infrastructure, and sanitation problems, he said. After fuel deliveries via underground tunnels from Egypt were shut off in recent weeks, Gaza's power plant has shut down twice and the 1.7 million residents of the coastal strip go through up to 18-hour blackouts each day.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:06 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 16:17 2018 Monday ,12 November
Egypt working on 4-year plan to increase growth rateGMT 12:45 2018 Friday ,09 November
Egyptian agriculture products introduced to Japanese markeGMT 11:42 2018 Friday ,02 November
Turkey's new mega airport, boon for slowing economyGMT 13:42 2018 Monday ,29 October
Egypt's trade volume hits $67.63 bln over 9 monthsGMT 15:13 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 14:46 2018 Thursday ,11 October
Economy and energy dominate agenda in Russian-Slovak relationsMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor