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Bank of Palestine

  • Abbas' sanctions on Gaza could soon become Israel's war

    The Palestinian Authority's attempts to destroy Gaza's economy could end up dragging Israel into military conflict. By Elhanan Miller While the Israeli government struggles to solve the problem of “burning kites” being sent from the Gaza Strip, it appears that the Palestinian Authority in Ramallah has found a more effective way to harm Hamas’ funding: causing damage to banks and hindering the transfer of funds to Strip. While terrorists are being targeted, innocent civilians are also paying the price for living on the isolated coastal enclave. [tmwinpost] "The Arab Bank refuses to intervene in any national affairs in Gaza, whether regarding martyrs,…

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  • Bucking Israeli sanctions, Palestinians form unity gov't

    Swearing in of technocratic government is a first step in ending a seven-year rift between Hamas and Fatah. Israel takes punitive measures against the inclusion of Hamas. A technocratic Palestinian unity government was sworn in on Monday, a first step toward ending a seven-year rift between rival factions Hamas and Fatah in the Gaza Strip and West Bank, respectively. The government is by design temporary until new Palestinian elections can be held and Hamas is included in the Palestinian Liberation Organization. Israel was expected to adopt punitive measures against the Palestinians in response to the inclusion of Hamas, which it…

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