Gaza economy

Khan Yunis’s Wednesday Market full of life and tales

Wednesday-26-February-2020

Along Al-Sikka Street and some sub-streets in the middle of Khan Yunis a central flea market known as "Wednesday Market" is located in the southern area of the Gaza Strip.

Shatawi: Gaza sweets rising in popularity

Tuesday-7-January-2020

As soon as winter comes it dethrones all other popular sweets and fills houses and shops in the Gaza Strip.

Hayek calls for lifting ban on entry of raw materials to Gaza

Saturday-6-July-2019

Ali al-Hayek head of the Palestinian Businessmen Association has called for necessarily lifting the Israeli ban on the entry of many raw materials and construction needs to the Gaza Strip on allegations they are dual-use goods.

Hayek: Gaza economy will come to a halt

Tuesday-19-February-2019

Head of the Palestinian Businessmen Association Ali al-Hayek has warned that the Gaza Strip’s economic growth will grind to a complete halt and its economy will suffer considerable damage.

Gaza economy’s losses exceed $300 million in 2018

Monday-31-December-2018

Head of the Popular Committee Against the Siege on Gaza MP Jamal al-Khudari on Sunday said that 2018 was the worst since the Israeli occupation of the enclave in 1967.

Only 10% of Gaza’s private sector facilities operating normally

Saturday-20-October-2018

Chairman of the Palestinian Businessmen Association in the Gaza Strip Ali al-Hayek on Saturday said that only 10% of Gaza's private sector facilities are still operating normally in view of the Israeli blockade continuing for the 12th year in a row.

World Bank: Gaza economy is collapsing

Tuesday-25-September-2018

The World Bank on Tuesday warned that the economy in the Gaza Strip is "collapsing" mainly due to the 12-year blockade on the coastal enclave in addition to cuts in donor aid.

Economic paralysis and zero purchase

Tuesday-31-July-2018

The Gaza Strip witnessed an immediate recovery following the end of Eid al-Fitr but it returned to a worse condition due to the persistence of the 12-year-tightened-siege.

Gaza’s agriculture sector is collapsing due to siege

Tuesday-20-March-2018

Amidst a state of shock farmer Bandar Abu-Draz 37 looks at his crop which he cannot sell due to having large supplies compared to the limited demand and the low prices in the local market causing heavy financial losses.

Gaza vendors: Profession changes and the siege stays the same

Monday-5-March-2018

The group of three young men selling fruit on the coastal road west of Deir al-Balah in central Gaza Strip is an example of the continuing struggle with the obstacles of life in the besieged enclave.