Europe Grants Nine Million Euro to Palestinian Industrial Zones

Vendors wait of customers in Gaza on Wednesday. (AFP)
Vendors wait of customers in Gaza on Wednesday. (AFP)
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Europe Grants Nine Million Euro to Palestinian Industrial Zones

Vendors wait of customers in Gaza on Wednesday. (AFP)
Vendors wait of customers in Gaza on Wednesday. (AFP)

Palestinian Prime Minister Mohammad Shtayyeh signed Wednesday a memorandum of understanding (MoU) with the European Union (EU) to support the incentives program of Palestinian industrial cities.

The MoU is worth 9 million euros, including 7 million euros allotted to the Gaza Industrial Estate.

Shtayyeh signed the MoU with Henrike Trautmann, Acting Director of the Southern Neighborhood Directorate at DG NEAR (Directorate-General for Neighborhood and Enlargement Negotiations - European Commission), in Ramallah.

In a statement, the PM said the fund is aimed to support the incentives for investors and companies in the industrial cities and those interested in moving to them, underlining efforts to create job opportunities.

Moreover, up to 2 million euros would go to the Bethlehem Industrial Estate and Jericho Agro-industrial Park.

Shtayyeh extended gratitude to the EU for its unwavering support to Palestine and the industrial zones.

He said this significant MoU is in line with the Palestinian Industrial Estates program and the Palestinian National Development Plan and would help in increasing the GDP, boosting exports, and creating job opportunities.



Hamas Names Four Israeli Female Soldier Hostages to Be Freed in Second Swap

 Palestinians walk on the rubble of destroyed houses, after the ceasefire deal between Israel and Hamas, in Gaza City, Gaza Strip, Friday, Jan. 24, 2025. (AP)
Palestinians walk on the rubble of destroyed houses, after the ceasefire deal between Israel and Hamas, in Gaza City, Gaza Strip, Friday, Jan. 24, 2025. (AP)
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Hamas Names Four Israeli Female Soldier Hostages to Be Freed in Second Swap

 Palestinians walk on the rubble of destroyed houses, after the ceasefire deal between Israel and Hamas, in Gaza City, Gaza Strip, Friday, Jan. 24, 2025. (AP)
Palestinians walk on the rubble of destroyed houses, after the ceasefire deal between Israel and Hamas, in Gaza City, Gaza Strip, Friday, Jan. 24, 2025. (AP)

Palestinian group Hamas announced the names on Friday of four Israeli women soldier hostages to be released in exchange for Palestinian prisoners in the second swap under the ceasefire deal in Gaza.

Karina Ariev, Daniella Gilboa, Naama Levy and Liri Albag would be released on Saturday, the group said.

The exchange, expected to begin on Saturday afternoon, follows the release on the ceasefire's first day last Sunday of three Israeli women and 90 Palestinian prisoners, the first such exchange for more than a year.

Prime Minister Benjamin Netanyahu's office confirmed that the list had been received from the mediators. Israel's response would be presented later, it said in a statement.

Israeli media reported that the list of hostages slated for release was not in line with the original agreement, but it was not immediately clear whether this would have any impact on the planned exchange.

In the six-week first phase of the Gaza ceasefire, Israel has agreed to release 50 Palestinian prisoners for every female soldier released, officials have said. That suggests that 200 Palestinian prisoners would be released in return for the four.

The Hamas prisoners media office said it expected to get the names of 200 Palestinians to be freed on Saturday in the coming hours. It said the list was expected to include 120 prisoners serving life sentences and 80 prisoners with other lengthy sentences.

Since the release of the first three women on Sunday and the recovery of the body of an Israeli soldier missing for a decade, Israel says 94 Israelis and foreigners remain held in Gaza.

The ceasefire agreement, worked out after months of on-off negotiations brokered by Qatar and Egypt and backed by the United States, halted the fighting for the first time since a truce that lasted just a week in Nov. 2023.

In the first phase, Hamas has agreed to release 33 hostages in exchange for hundreds of Palestinian prisoners held in Israeli jails.

In a subsequent phase, the two sides would negotiate the exchange of the remaining hostages and the withdrawal of Israeli forces from Gaza, which lies largely in ruins after 15 months of fighting and Israeli bombardment.

Israel launched the war following the Hamas attack on Oct. 7, 2023, when fighters killed 1,200 people and took more than 250 hostages back to Gaza, according to Israeli tallies. Since then, more than 47,000 Palestinians have been killed in Gaza, according to health authorities there.

The release of the first three hostages last week brought an emotional response from Israelis. But the phased release has drawn protests from some Israelis who fear the deal will break down after women, children, elderly and ill hostages are freed in the first phase, condemning male hostages of military age whose fate is not to be resolved until later.

Others, including some in the government, feel the deal hands a victory to Hamas, which has reasserted its presence in Gaza despite vows of Israeli leaders to destroy it. Hardliners, including Finance Minister Bezalel Smotrich, have demanded that Israel resume fighting at the end of the first phase.

Most of Hamas' top leadership and thousands of its fighters have been killed but the group's police have returned to the streets since the ceasefire.