Photo Credit: Abed Rahim Khatib / Flash 90
(illustrative)

Israeli forces struck the “Al-Cairo” currency exchange office in Gaza City this weekend.

The facility has been used by Hamas and Palestinian Islamic Jihad to store and transfer tens of millions of dollars in funding for their terror organizations.

Advertisement




The currency exchange office changed its name in 2022 from “Dubai” to “Al-Cairo” after it was declared by the Israeli Defense Minister to be aiding terrorist organizations due to its involvement in transferring funds to such groups.

According to the IDF and ISA (Shin Bet), throughout the war, workers at the office have continued to aid and fund Hamas activities, transferring millions of dollars to Hamas’ military wing for military purposes.

The funds transfer to Hamas facilitated by the currency exchange office assisted and allowed the continuation of terrorist activity in Gaza.


Share this article on WhatsApp:
Advertisement

SHARE
Previous articleNew Rules for Aid Distribution in Gaza as Looting Continues
Next articleNYPD Boosts Presence at Jewish Sites Following Murder of Israeli Embassy Staff in DC
Hana Levi Julian is a Middle East news analyst with a degree in Mass Communication and Journalism from Southern Connecticut State University. A past columnist with The Jewish Press and senior editor at Arutz 7, Ms. Julian has written for Babble.com, Chabad.org and other media outlets, in addition to her years working in broadcast journalism.