Economy

A rare £100 Palestine banknote discovered in a charity shop in the UK has sold for £140,000 ($174,000).

Funds raised by Jared Kushner from Saudi Arabia will soon be invested directly in Israeli hi-tech firms, the Wall Street Journal reported Saturday in an exclusive report.

The Palestinian factions in the besieged Gaza Strip accused the United Nations Relief and Works Agency for Palestinian Refugees (UNRWA) of procrastinating in rebuilding completely destroyed houses during the Israeli aggression last year.

The World Bank approved a $15 million grant for the multiphase Advancing Sustainability in Performance, Infrastructure, and Reliability of Energy Sector (ASPIRE) – Phase 2.

Price hikes and import delays resulting from the ongoing war in Ukraine have delayed the reconstruction of the Gaza Strip.

Palestine signed €29 million agreements with Agence française de développement in support of several projects.

Israel has the sixth-highest cost of groceries in the world, according to a new study by money.co.uk that analyzed the average cost of a “standard” trip to the grocery store in 36 countries around the world.

An additional grant of $3.75 million was allocated by the World Bank to the ongoing West Bank and Gaza COVID-19 Emergency Response.

Euro-Mediterranean Human Rights Monitor said about 1.5mn people in Gaza left impoverished due to Israeli blockade, calls for international action to end Zionist regime's siege.

The two UN agencies renewed an agreement to extend support to Palestine refugee children, adolescents, and women in the State of Palestine, Jordan, Lebanon and Syria.

The United Nations Relief and Works Agency for Palestine Refugees (UNRWA) announced, on Tuesday, that it is seeking $1.6 billion in 2022 from the international community.

The Consumer Price Index in December was higher than expected; housing prices have risen 10.6% over the past year.

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.