INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Egypt says will not accept Israeli force on its Gaza border: state-linked media

A Palestinian woman prepares to evacuate with her newborn from the Al-Aqsa Martyrs Hospital in Deir al-Balah in the central Gaza Strip following renewed Israeli evacuation orders for the area on August 26, 2024. AFP
  • A key sticking point in the ceasefire talks have been calls for Israel to withdraw its forces from the border area, including the Rafah crossing
  • Israeli forces seized the Palestinian side of the Rafah crossing in early May, a move that has cut off a crucial aid route and drawn repeated condemnation from Egypt

Cairo, Egypt – Egypt has said it will not accept the continued presence of Israeli forces along its border with the Gaza Strip, state-linked media reported on Monday.

Cairo, a key mediator in efforts to secure a ceasefire between Israel and Hamas in Gaza, “reiterated to all parties that it will not accept any Israeli presence” along the strategic Philadelphi Corridor, state-linked Al-Qahera News said, citing a high-level source.

A key sticking point in the ceasefire talks have been calls for Israel to withdraw its forces from the border area, including the Rafah crossing, the only one from the Palestinian territory that was not directly controlled by Israel.

Israeli forces seized the Palestinian side of the Rafah crossing in early May, a move that has cut off a crucial aid route and drawn repeated condemnation from Egypt and other countries.

“Egypt is managing the mediation” between Israel and Palestinian militant group Hamas “in accordance with its national security”, the source told Al-Qahera News, which is linked to Egypt’s state intelligence service.

The negotiations, also mediated by Qatar and the United States, have yielded little hope for a ceasefire, though Washington said Friday that some progress had been made.

Hamas said Sunday the group’s delegation had met with Egyptian and Qatari mediators before leaving Cairo, where Israeli negotiators were also expected.