Businessmen network earns over $1 billion from Gaza goods coordination

During the war on Gaza, a network of businessmen established a monopolistic system for coordinating the entry of goods and aid, earning over $1 billion over two years. Ibrahim al-Argany, owner of Sons of Sinai, controls the Egyptian line, while others manage the Israeli line, leading to skyrocketing commodity prices amid famine. The system relies on Israeli permits and partnerships with Palestinian companies, with repeated changes in the mechanism.

The monopolistic system began after Israel's war on Gaza erupted in October 2023, when Israel allowed limited humanitarian aid entry in November, relying on pre-existing infrastructure. Sons of Sinai was the only company equipped for storage and transport from Egypt's side, charging up to $5,000 per truck pre-war, rising to $7,000-$13,000 afterward, plus additional fees. Israel initially granted five Palestinian companies exclusive import rights, like Mohamed al-Khazendar's Three Brothers, for $10,000-$25,000 per truck.

In Ramadan 2024, Palestinian businessmen in Egypt met Ibrahim al-Argany to voice discontent over the monopoly driving up prices. Al-Argany said: “Since Palestinian traders receive huge sums from this trade (due to monopoly) and profit from it, why can’t Sons of Sinai profit as well??!!!,” according to Palestinian Economy Minister Mohamed al-Amour's report. The number of companies increased to 25 in April 2024, but Israel's May invasion of Rafah shifted entries to Kerem Shalom.

In October 2024, Israel banned private imports, but goods entered as aid via a 'war mafia' network involving employees from organizations like World Central Kitchen. Coordination costs reached $60,000-$150,000 per truck. During the January 2025 ceasefire, 60% of trucks carried commercial goods, with total fees of $332 million, including $177 million for Sons of Sinai. Aqsa for Transport and Security emerged, linked to al-Argany through Amr Hadhoud, securing trucks for $10,000-$30,000.

Aid resumed in July 2025, with al-Khazendar monopolizing the Israeli line at $200,000-$300,000 fees, while al-Argany cut to $100,000-$150,000. This drove frozen chicken prices to $40 per kg, deepening famine amid destruction.

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Dutch activists protesting government demands to repay deportation flight costs after Gaza flotilla interception.
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Dutch activists contest repayment of flights after Gaza flotilla deportations

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Dutch and Swiss pro-Palestinian activists who joined the Global Sumud Flotilla to Gaza are challenging bills from their governments for flights and consular assistance after they were detained and deported by Israel. The mission, which Israeli officials say was tied to Hamas and carried only a symbolic amount of aid, was intercepted at sea.

A humanitarian convoy carrying 780 tonnes of food and essential supplies entered the Gaza Strip to aid displaced families before Ramadan, announced the Tahya Misr Fund and the House of Zakat and Charities. The 52-truck shipment was sent following directives from President Abdel Fattah al-Sisi to bolster relief for Palestinians.

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Egyptian retail chains will launch dedicated Ahlan Ramadan sections across all branches next week, following a government agreement with food producers to freeze or lower commodity prices, Minister of Supply and Internal Trade Sherif Farouk said on Tuesday. The move aims to ensure market stability ahead of the holy month after an extensive meeting with trade federations.

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Egypt has agreed to import large quantities of frozen poultry and parts from several countries to increase market supply and lower prices ahead of Ramadan, according to the ministries of Supply and Agriculture and the Mostaqbal Misr Agency for Sustainable Development.

The Egyptian government has warned poultry producers against monopolistic practices and price-fixing as it seeks to stabilize the domestic market ahead of Ramadan. Alaa Farouk, Minister of Agriculture and Land Reclamation, and Mahmoud Mumtaz, Chairperson of the Egyptian Competition Authority, met with the board of the General Association of Poultry Producers to discuss market regulations and supply chain challenges.

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