• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 20th, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
Palestinians inspect the site of Israeli strikes on houses in Jabalia refugee camp, in northern Gaza, November 14, 2023. REUTERS/Anas al-Shareef
Palestinians inspect the site of Israeli strikes on houses in Jabalia refugee camp, in northern Gaza, November 14, 2023. REUTERS/Anas al-Shareef
A woman cooks in a destroyed mosque, amid shortages of food supplies and fuel, as the conflict between Israel and Palestinian Islamist group Hamas continues, in Khan Younis in the southern Gaza Strip November 17, 2023. REUTERS/Ibraheem Abu Mustafa
A woman cooks in a destroyed mosque, amid shortages of food supplies and fuel, as the conflict between Israel and Palestinian Islamist group Hamas continues, in Khan Younis in the southern Gaza Strip November 17, 2023. REUTERS/Ibraheem Abu Mustafa
Israeli military vehicles take position, amid the ongoing ground operation of the Israeli army against Palestinian Islamist group Hamas, in the Gaza Strip as seen in a handout picture released by the Israel Defense Forces on November 12, 2023. ISRAEL DEFENSE FORCES/Handout via REUTERS
Israeli military vehicles take position, amid the ongoing ground operation of the Israeli army against Palestinian Islamist group Hamas, in the Gaza Strip as seen in a handout picture released by the Israel Defense Forces on November 12, 2023. ISRAEL DEFENSE FORCES/Handout via REUTERS
Home
World
Middle East

Gaza war inflicts catastrophic damage on infrastructure and economy

November 17th, 2023 | 09:48 AM WORLD Middle East 4

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Lebanon hands Assad-era general to Syria in first such transfer since Assad’s fall
US provides $206 million for Gaza force despite deadlocked peace plan
Mossad director, Syria foreign minister discussed Turkish military deployments before strikes, sources say
Israeli airstrike kills nine Palestinians at Gaza police station, medics say
By Reuters

Israel's land, sea and air assault on the Gaza Strip, triggered by Hamas's cross-border attack on Oct. 7, has brought upheaval and destruction to the Palestinian territory on a scale never before seen in the enclave.

Here are latest estimates from international organisations on the socio-economic impact of the conflict.

HOUSING

The United Nations Office for the Coordination of Humanitarian Affairs (OCHA), quoting data from the Palestinian public works and housing department, said Israeli attacks had destroyed more than 41,000 housing units and damaged more than 222,000 housing units. In all, it said at least 45% of Gaza's housing units had reportedly been damaged or destroyed.

It was impossible to independently verify the numbers, but Reuters reporters in Gaza say the destruction is on a huge scale. An Israeli reporter who was taken to see the Gazan town of Beit Hanoun by the Israeli military reported on Nov. 12 that "barely a single inhabitable building remains standing". More than 52,000 people had lived there before the war.

HOSPITALS AND SCHOOLS

In a Nov. 15 report, OCHA said 279 educational facilities had reportedly been damaged, more than 51% of the total, with none of Gaza's 625,000 students able to access education.

According to Gaza's Ministry of Health, as of Nov. 16, only nine of the enclave's 35 hospitals in Gaza were partially functioning. The rest have shut down formal medical services.

OCHA said 55 ambulances in Gaza had been damaged, with critical shortages reported of drugs and blood products.

WATER AND SANITATION

The U.N. Palestinian refugee agency (UNRWA) said on Nov. 16 that due to an absence of fuel, 70% of the people in southern Gaza had no access to clean water.

The seawater desalination plant in Khan Younis in the south was operating at 5% of its capacity, UNRWA said, while the two water pipelines from Israel were operating. In the north of the territory, the water desalination plant and the Israeli pipeline are not functioning.

Most of Gaza's 65 sewage pumps were out of service, OCHA said, and raw sewage has started to flow in the streets in some areas.

FOOD SECURITY

OCHA said in the north of Gaza, no bakeries had been active since Nov. 7 due to the lack of fuel, water, wheat flour, and structural damage. It said the last functioning mill in Gaza was destroyed on Nov. 15.

"The situation is catastrophic," OCHA said.

HUMANITARIAN AID

On average 500 trucks of food and goods entered Gaza each day before the conflict. All imports were halted after Oct. 7 and only resumed on Oct. 21. Between then and Nov. 14 a total of 1,139 trucks carrying humanitarian aid had crossed into Gaza.

TELECOMS

On Nov. 16, Gaza's telecommunications services shut down after fuel used to run generators ran out. OCHA said several communication infrastructures in south Gaza were hit and damaged on Nov. 14. OCHA said blackouts jeopardised the provision of life-saving assistance to civilians. UNRWA said that due to the communication shutdown, it was unable to manage or coordinate humanitarian aid convoys starting Nov. 17.

ECONOMIC IMPACT

In a joint report, the United Nations Economic and Social Commission for Western Asia (ESCWA) and the United Nations Development Programme (UNDP) said on Nov. 5 that around 390,000 jobs had been lost since the start of the war.

The socio-economic situation of Gaza was already dire before the war, with the poverty rate estimated to have reached 61% in 2020. In a preliminary estimate, the U.N. agencies said poverty was expected to rise by between 20% and 45%, depending on the duration of the war. They also forecast that the war would cost Gaza between 4% and 12% of gross domestic product in 2023.

  • Topic
  • Israel
  • PALESTINIANS/GAZA
  • DAMAGE (FACTBOX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Lebanon hands Assad-era general to Syria in first such transfer since Assad’s fall

Related Posts

Middle East
August 19th, 2026

Lebanon hands Assad-era general to Syria in first such transfer since As...

Middle East
August 19th, 2026

US provides $206 million for Gaza force despite deadlocked peace plan

Middle East
August 19th, 2026

Mossad director, Syria foreign minister discussed Turkish military deplo...

Middle East
August 19th, 2026

Israeli airstrike kills nine Palestinians at Gaza police station, medics...

Middle East
August 19th, 2026

France says West Bank violence justifies its sanctions against Israeli m...

Middle East
August 19th, 2026

UAE's financial embargo on Iran after missile threat puts rivalry back i...

The Wire
Aug 20th 3 h ago
Investigates

In China, rocket launches fuel tourism and space-age dreams

Aug 19th 3 h ago
Asia Pacific

Japan exports rise 23.2% year/year in July

Aug 19th 3 h ago
Baseball

D-backs score twice in 10th, salvage series finale at Red S...

Aug 19th 4 h ago
Government

US tells schools not to alter discipline policies to reduce...

Aug 19th 4 h ago
Transactional

China tax crackdown forces wealthy investors to assess thei...

TRENDING ON FINANCETIME
Aug 19th, 2026 Tennis

Paul ousts top seed Zverev to reach Cincinnati quarter-finals

Aug 19th, 2026 Litigation

AIA Group's first-half new business value rises 10%

Aug 19th, 2026 Energy

Brazil's largest thermal power plant shut down after equipment failure

Aug 19th, 2026 United Kingdom

Key moments in Prince Harry and Meghan's six years in California

Aug 19th, 2026 Sports

Orioles reinstate C Samuel Basallo (shoulder) to active roster

Markets-Sectors
ENERGY -0.16%
FINANCIALS -0.62%

  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT