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Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

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Tasnee’s 2025 losses deepen

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European Union to increase Gaza humanitarian aid by $27mn

  • The EU chief Von der Leyen, a staunch supporter of Israel, said it was essential the country "strives to avoid civilian casualties" in its operation in Gaza.
  • Von der Leyen told diplomats that even as conflict rages, there needs to be a "perspective" for a two-state solution.

Brussels, Belgium – European Commission president Ursula von der Leyen on Monday said the EU is increasing its humanitarian aid for Gaza by 25 million euros ($27 million).

“By doing so the European Union will spend a total of 100 million euros in humanitarian aid for the civilians in Gaza,” von der Leyen told EU diplomats in Brussels.

Von der Leyen said flows of aid into Gaza from Egypt “remain too small” and the EU was working on setting up other possible routes including deliveries via sea from Cyprus.

Also Read Exclusive reports on Gaza-related developments

Von der Leyen, a staunch supporter of Israel, said it was essential the country “strives to avoid civilian casualties” in its operation in Gaza.

She insisted a prerequisite once the fighting stops is that “Gaza can be no safe haven for terrorists” and Hamas will no longer be in charge of the territory.

“Different ideas are being discussed on how this can be ensured, including an international peace force under UN mandate,” she said.