Tension is still high in the Gaza Strip amid Egyptian-led mediation efforts to defuse a military confrontation between Hamas and Israel. As of the time of this writing, Egyptian intelligence officers continue to act as peacemakers between Gaza and Israel.
On March 25 and 26, tension escalated between Hamas and Israel and sparked a round of violence after a rocket was launched from Gaza into Tel Aviv on March 25, wounding seven Israelis. No Palestinian faction claimed responsibility for it, yet Israeli aircraft bombed several sites and facilities in the Gaza Strip. Israel targeted several Hamas military and security positions across the Gaza Strip, injuring seven Palestinians. Meanwhile, Palestinian factions fired rockets and shells at Israeli settlements adjacent to the Gaza Strip.
On March 25, Israel bombed the offices of the insurance and investment company Al-Multazem in the Sabra neighborhood of Gaza City. The Israeli army tweeted that the three-story building belongs to Hamas and that the movement has offices inside.
Al-Multazem identifies itself as a Palestinian public joint stock company established in 2008 with five branches in the Gaza Strip. It offers insurance services and seeks to alleviate the risks facing the Gaza residents and improve the national economy. Israeli reports claim the company works in technology investment, including cyber and information technology.
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