Ramallah - Ma'an - The Monetary Authority warned of serious and imminent repercussions that will affect all aspects of life if the Israeli side continues to refuse to receive the shekel banknotes accumulated in Palestinian banks. The Monetary Authority confirmed in a statement issued today, Wednesday, that banks operating in Palestine will not be able to finance trade operations and pay the prices of goods and services to Israeli companies and suppliers, during the next few days, as the continued refusal of the Israeli side to charge the shekel deprives them of feeding their accounts in Israeli correspondent banks, which will have a direct impact on the ability of the public and private sectors to finance the import of goods and services coming from Israel. Source: Maan News Agency
EDGE Successfully Completes First Dynamic Test of UAE-Designed 155mm Artillery Ammunition
Abu Dhabi:EDGE Group’s ammunition manufacturer, LAHAB, has completed the first dynamic test firing of its 155mm Extended Range Full Bore