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Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Global Retail Giant 7-Eleven Sell Properties, Exit Israeli Market


Fri 31 May 2024 | 12:44 PM
Israa Farhan

American retail giant 7-Eleven announced plans to sell all its properties in Israel and liquidate its assets in the country, Hebrew media reported on Friday.

The decision comes amid growing American protests against Israel and deteriorating economic conditions within Israel, according to local reports. 

Various global companies are also gradually or discreetly reducing their presence in Israel, as reported by the Palestinian Information Center.

In related developments, Christophe Lemoine, Deputy Spokesperson for the French Ministry of Foreign Affairs, confirmed that France has been actively engaged in efforts to resolve the Israeli-Palestinian conflict since the onset of the Gaza crisis.

Lemoine highlighted that French President Emmanuel Macron's recent meeting with the foreign ministers of Egypt, Jordan, Qatar, and Saudi Arabia was part of France’s ongoing dialogue and efforts to find a resolution to the conflict. 

The focus, he stated, is first on addressing humanitarian needs by halting Israeli military operations and resuming the delivery of humanitarian aid to Gaza, followed by pushing for a political solution.

France has consistently called for the cessation of Israeli military actions in Rafah, urging the Israeli authorities to halt operations that could exacerbate the already dire situation for civilians in Gaza. 

Regular discussions are being held with neighboring and concerned countries, including Egypt, Jordan, Lebanon, and Israel, in pursuit of a solution to the current crisis.