Hamas was apparently warned by Egyptian authorities to distance itself from Iran, according to the Algemeiner. The move reportedly follows recent declarations by officials in Tehran that a restoration of ties with the Gaza Strip-ruling Islamist group — including a renewal of funding — was in the works. Egypt relayed the demand at a meeting last week with Hamas’ top official in Gaza Yehia Sinwar. Sinwar was told that rapprochement between Hamas and Iran could prompt Egypt to nix plans to expand the hours of operation of the Rafah border crossing with Gaza and loosen travel restrictions.
More from Enterprise
Central Bank of Egypt looks to renew USD 2 bn Kuwaiti deposit as regional conflict stalls FDI conversions
The maturing USD 2 bn deposit is expected to be…
Miga guarantee unlocks USD 313 mn for National Bank of Egypt trade finance
Plus: Incolease taps securitization market with debut EGP 2 bn…
Swvl is not dropping off of Nasdaq just yet, as company turns to the black in 2025
The company turned a profit last year, allowing it to…
IBF & Company doubles down on logistics with Techno Metal acquisition
Plus: Lucky lands USD 23 mn in Series B round,…