Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Israel steps up Gaza City bombing after Netanyahu vow to expand offensive
    Headlines

    Israel steps up Gaza City bombing after Netanyahu vow to expand offensive

    Israel steps up Gaza City bombing after Netanyahu vow to expand offensive

    Published by Global Banking and Finance Review

    Posted on August 11, 2025

    Featured image for article about Headlines

    By Nidal al-Mughrabi

    CAIRO (Reuters) -Palestinians reported the heaviest bombardments in weeks on Monday in areas east of Gaza City, just hours after Israeli Prime Minister Benjamin Netanyahu said he expected to complete a new expanded offensive against Hamas "fairly quickly".

    An airstrike also killed six journalists including prominent Al Jazeera correspondent Anas Al Sharif in a tent at Gaza City's Al Shifa Hospital compound, the deadliest strike against journalists during an Israeli campaign that has lasted more than 22 months.

    Witnesses said Israeli tanks and planes pounded Sabra, Zeitoun, and Shejaia, three eastern suburbs of Gaza City in the north of the territory, on Monday, pushing many families westwards from their homes.

    Some Gaza City residents said it was one of the worst nights in weeks, raising fears of military preparations for a deeper offensive into their city, which Hamas says is now sheltering about 1 million people after the displacement of residents from the enclave's northern edges.

    The Israeli military said its forces fired artillery at Hamas militants in the area. There was no sign on the ground of forces moving deeper into Gaza City as part of the newly approved Israeli offensive, which was not expected to begin in the coming weeks.

       "It sounded like the war was restarting," said Amr Salah, 25. "Tanks fired shells at houses, and several houses were hit, and the planes carried out what we call fire rings, whereby several missiles landed on some roads in eastern Gaza," he told Reuters via a chat app.

    The Israeli military said its forces on Sunday dismantled a launch site east of Gaza City, which Hamas used to fire rockets towards Israeli communities across the border.

    Netanyahu on Sunday said he had instructed the Israeli military to speed up its plans for the new offensive. 

    "I want to end the war as quickly as possible, and that is why I have instructed the IDF (Israel Defence Forces) to shorten the schedule for seizing control of Gaza City," he said.

    Netanyahu said the new offensive would focus on Gaza City, which he described as Hamas' "capital of terrorism". He also indicated that the coastal area of central Gaza may be next, saying Hamas militants have been pushed there too.

    The new plans have raised alarm abroad, with French President Emmanuel Macron saying on Monday they heralded "a disaster of unprecedented gravity" and "a move towards a never-ending war".

    On Friday, Germany, a key European ally, announced it would halt exports of military equipment to Israel that could be used in Gaza. Britain and other European allies urged Israel to reconsider its decision to escalate the Gaza military campaign.

    Mike Huckabee, the U.S. ambassador to Israel, told Reuters that some countries appeared to be putting pressure on Israel rather than on Hamas, whose deadly attack on Israel on October 7, 2023, ignited the war.

    Israel's planned offensive coincides with worsening hunger in Gaza.

    On Monday, the territory's health ministry said five more people had died of malnutrition and starvation in Gaza in the past 24 hours. That raised the number of deaths from such causes to 222, including 101 children, since the war began, the ministry said.

    Israel says it has scaled up the entry of aid and commercial goods into Gaza in past weeks. Palestinian and U.N. officials say the aid is a fraction of what Gaza needs.

    JOURNALISTS KILLED

    Medics at Al Shifa Hospital said the airstrike that killed Al Jazeera's Al Sharif and four of his colleagues also killed local freelancer Mohammad Al-Khaldi, raising the number of dead journalists from the strike to six.

    Israel confirmed it had targeted and killed Al Sharif, alleging he had headed a Hamas cell and was involved in rocket attacks against Israel.

    Al Jazeera rejected the claim, and before his death Al Sharif had also dismissed Israeli allegations that he had links to Hamas.

    Hamas, the militant group which has run Gaza since 2007, linked his killing to the new planned offensive.

    The Hamas-run Gaza government media office said 238 journalists have been killed in almost two years of war. The Committee to Protect Journalists said at least 186 journalists have been killed.

    Hamas-led fighters triggered the war in October 2023, when they stormed into Israel, killing 1,200 people and taking 251 hostages, by Israeli tallies. About 50 hostages are still in Gaza, but only around 20 are thought to be alive.

    More than 61,000 Palestinians have since been killed by Israel's campaign, according to Gaza health officials. Most of Gaza's population has been displaced multiple times and its residents are facing a humanitarian crisis, with swaths of the territory reduced to rubble.  

    (Reporting by Nidal al-Mughrabi in Cairo; Additional reporting by Maayan Lubell in Jerusalem; Editing by Sharon Singleton and Aidan Lewis)

    Related Posts
    VW management to continue cost cutting
    VW management to continue cost cutting
    Parliament of Swiss canton Fribourg votes to ban mobile phones at school
    Parliament of Swiss canton Fribourg votes to ban mobile phones at school
    EU countries approve year-long delay to deforestation law
    EU countries approve year-long delay to deforestation law
    Italy economy minister denies any interference in MPS's bid for Mediobanca
    Italy economy minister denies any interference in MPS's bid for Mediobanca
    Italian judge drops Genoa dam case against Webuild CEO
    Italian judge drops Genoa dam case against Webuild CEO
    Soccer-Ex-player Ebanks-Blake wins first stage of UK lawsuit against surgeon
    Soccer-Ex-player Ebanks-Blake wins first stage of UK lawsuit against surgeon
    Searches under way in probe involving French Culture Minister Dati
    Searches under way in probe involving French Culture Minister Dati
    Finland's far-right party reprimands two MPs over racism scandal
    Finland's far-right party reprimands two MPs over racism scandal
    ECB's Lagarde 'fully confident' EU will agree reparation loan plan for Ukraine
    ECB's Lagarde 'fully confident' EU will agree reparation loan plan for Ukraine
    Prosecutor finds no reason to reopen case of unsolved 1986 murder of Swedish PM Olof Palme
    Prosecutor finds no reason to reopen case of unsolved 1986 murder of Swedish PM Olof Palme
    New frescoes unearthed in villa near Pompeii show 'extraordinary details and colours'
    New frescoes unearthed in villa near Pompeii show 'extraordinary details and colours'
    Israel, Germany sign $3.1 billion contract expansion for Arrow air defence system
    Israel, Germany sign $3.1 billion contract expansion for Arrow air defence system

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Headlines

    Explore more articles in the Headlines category

    Britain imposes more sanctions on Russia's energy sector

    Britain imposes more sanctions on Russia's energy sector

    Asked about NATO, Zelenskiy says Ukraine should not change its constitution

    Asked about NATO, Zelenskiy says Ukraine should not change its constitution

    EU leaders to propose Ukraine reparations loan using Russia's frozen assets under conditions - draft document

    EU leaders to propose Ukraine reparations loan using Russia's frozen assets under conditions - draft document

    France drafts in army for cattle vaccination to defuse farmer protests

    France drafts in army for cattle vaccination to defuse farmer protests

    Belarus has deployed Russia's Oreshnik missile, Lukashenko says

    Belarus has deployed Russia's Oreshnik missile, Lukashenko says

    Russia has equipped a brigade with new Oreshnik missiles, TASS quotes top general as saying

    Russia has equipped a brigade with new Oreshnik missiles, TASS quotes top general as saying

    Exclusive-Russia orders Russian Railways to sell $2.4 billion Moscow Towers to pay debts, three sources say

    Exclusive-Russia orders Russian Railways to sell $2.4 billion Moscow Towers to pay debts, three sources say

    Belgian farmers in anti-trade protest clash with police

    Belgian farmers in anti-trade protest clash with police

    UK actors vote to reject digital scans in AI rights push, echoing Hollywood battles

    UK actors vote to reject digital scans in AI rights push, echoing Hollywood battles

    Putin's spymaster spoke by phone with new MI6 chief, TASS reports

    Putin's spymaster spoke by phone with new MI6 chief, TASS reports

    UK pauses trials of Ajax in new setback for army fighting vehicle

    UK pauses trials of Ajax in new setback for army fighting vehicle

    Germany signs $2.35 billion armoured vehicle deal with Finland's Patria

    Germany signs $2.35 billion armoured vehicle deal with Finland's Patria

    View All Headlines Posts
    Previous Headlines PostEuropean shares start pivotal week lower, Russia-US summit in focus
    Next Headlines PostItaly trade surplus widens y/y in June