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Gaza Crisis Boils As Aid Groups Say Food Shortages Are Worsening

Gaza Crisis Boils As Aid Groups Say Food Shortages Are Worsening

Bloomberg24-07-2025
Two weeks after the European Union announced an agreement with Israel to increase the flow of food to Gaza, scores of aid groups say the situation is worse than ever, with starvation spreading — a charge Israel denies.
The crisis is spiraling as Israel and Hamas mull a truce. A major dispute in the negotiations, officials from both sides say, is over a Hamas demand for the restoration of a United Nations-administered relief network that Israel sidelined, arguing the Palestinian militant group was stealing food and medicine.
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Syria signs $14 billion in investment deals, including $4 billion airport expansion
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Syria signs $14 billion in investment deals, including $4 billion airport expansion

DAMASCUS, Syria (AP) — Syria signed agreements worth $14 billion with regional and international companies on Wednesday for 12 investment projects, including modernizing the international airport in Damascus and a new subway system, state media reported. The deals are the largest so far since foreign companies and countries started an investment push into the war-torn country after Western sanctions were eased following the fall of the 54-year rule of the Assad family. The head of Syria's Investment Authority, Talal al-Halili, was quoted by state-run news agency SANA as saying that the expansion of Damascus' International Airport will cost $4 billion and will be done by the Qatar-based UCC Holding. SANA said that the airport will be able to serve up to 31 million travelers a year, after the expansion. SANA added that the agreement for the new subway system in the capital is worth $2 billion, and the network is expected to be used by 750,000 people a day. The deal for the subway was signed by Syria's Transportation Ministry and the United Arab Emirates' National Investment Corporation, SANA said. Other projects include the $2 billion construction of 60 residential towers with 20,000 housing units outside of the capital. 'Syria is open for investments and determined to build a bright future,' al-Hilali said during the ceremony, which was attended by President Ahmad al-Sharaa. In late July, Syria and Saudi Arabia announced 47 investment agreements, valued at more than $6 billion to mark a significant step in rebuilding Syria's war-battered economy. In May, Syria signed an agreement with a consortium of Qatari, Turkish and U.S. companies for the development of a $7 billion 5,000-megawatt energy project to revitalize much of Syria's war-battered electricity grid. 'The future of a prosperous and peaceful Syria is in the hands of Syria and its regional partners,' said the U.S. special envoy to Syria, Tom Barrack, who attended Wednesday's signing in Damascus. The Associated Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Dozens killed seeking aid in Gaza as Israel weighs further military action
Dozens killed seeking aid in Gaza as Israel weighs further military action

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time13 minutes ago

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Dozens killed seeking aid in Gaza as Israel weighs further military action

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Syria signs $14 billion in investment deals, including $4 billion airport expansion
Syria signs $14 billion in investment deals, including $4 billion airport expansion

Associated Press

time14 minutes ago

  • Associated Press

Syria signs $14 billion in investment deals, including $4 billion airport expansion

DAMASCUS, Syria (AP) — Syria signed agreements worth $14 billion with regional and international companies on Wednesday for 12 investment projects, including modernizing the international airport in Damascus and a new subway system, state media reported. The deals are the largest so far since foreign companies and countries started an investment push into the war-torn country after Western sanctions were eased following the fall of the 54-year rule of the Assad family. The head of Syria's Investment Authority, Talal al-Halili, was quoted by state-run news agency SANA as saying that the expansion of Damascus' International Airport will cost $4 billion and will be done by the Qatar-based UCC Holding. SANA said that the airport will be able to serve up to 31 million travelers a year, after the expansion. SANA added that the agreement for the new subway system in the capital is worth $2 billion, and the network is expected to be used by 750,000 people a day. The deal for the subway was signed by Syria's Transportation Ministry and the United Arab Emirates' National Investment Corporation, SANA said. Other projects include the $2 billion construction of 60 residential towers with 20,000 housing units outside of the capital. 'Syria is open for investments and determined to build a bright future,' al-Hilali said during the ceremony, which was attended by President Ahmad al-Sharaa. In late July, Syria and Saudi Arabia announced 47 investment agreements, valued at more than $6 billion to mark a significant step in rebuilding Syria's war-battered economy. In May, Syria signed an agreement with a consortium of Qatari, Turkish and U.S. companies for the development of a $7 billion 5,000-megawatt energy project to revitalize much of Syria's war-battered electricity grid. 'The future of a prosperous and peaceful Syria is in the hands of Syria and its regional partners,' said the U.S. special envoy to Syria, Tom Barrack, who attended Wednesday's signing in Damascus.

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