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ABU DHABI — Israel is committed to winning the war in Gaza and eliminating Hamas regardless of the economic toll on the country, Economy and Industry Minister Nir Barkat said on Feb 26. Israel's US$500 billion (S$672.45 billion) economy has taken a hit during the more than four-month-old war against the Palestinian militant group in Gaza, during which thousands of...
Biden says he hopes to have a ceasefire in the Israel-Hamas conflict in Gaza start by next Monday.
The meeting comes following the derailment of a normalisation process between Saudi Arabia and Israel which had been spearheaded by the US.
Israel's war against Hamas in Gaza will help Israel's economy rebound after the war, partly because its fresh experience of warfare is set to boost military technology sales, its economy minister said on Tuesday. Speaking to reporters on the sidelines of a World Trade Organization Ministerial Conference in Abu Dhabi, Israel's Economy and Industry Minister Nir Barkat said the war's domestic impact on Israel was "not something Israel cannot bear mid to long term".
Israel will seek help from countries including the United Arab Emirates to rebuild Gaza when the conflict against Hamas ends, an effort that may face resistance from regional powers in