The Hamas-Israel truce talks Egypt is brokering have not fallen through, but progress is slow, Hamas spokesman Sami Abu Zuhri said yesterday, according to the Times of Israel. Egypt has been working on two separate truces over the past several months: One between rival Palestinian factions Hamas and Fatah, and the other between Hamas and Israel that would see the latter easing border restrictions on Gaza. Heated Palestinian border protests last week have seemingly prompted renewed talks with Israel, and led to an altogether new proposal for Fatah-Hamas reconciliation which could see control of the Gaza strip handed over to Fatah’s Palestinian Authority.
More from Enterprise
How correspondent banking works, and what the FinCEN clampdown on Banque Misr UAE means for business
As FinCEN proposes cutting Banque Misr’s UAE branches from USD…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
Why EGX stocks are going under the IPO wave
Fund managers are releasing liquidity for ongoing and future IPOs,…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…