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Israel Raids Central Ramallah Currency Exchange Over Suspected Hamas Funding

The military describes a rare West Bank incursion as an intelligence-led effort to disrupt militant financing networks.

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Israel National News

Overview

  • IDF and Border Police units, guided by IDF and ISA intelligence, carried out a targeted operation in the center of Ramallah.
  • The forces raided a money exchange business accused of channeling funds to Hamas operatives.
  • Five suspects were detained and transferred for processing as several hundred thousand shekels identified as terror-related funds were seized.
  • The IDF framed the action as part of ongoing efforts in the West Bank to degrade militant financial infrastructure.
  • Officials did not name the institution, and a Saudi outlet’s claim that it was Arab Bank has not been confirmed by Israel; Israeli reports described the central Ramallah raid as rare.