Gaza aid logistics company funded by Chicago private equity firm

Palestinian boys carry pots as the queue at a hot meal distribution point in Nuseirat in the central Gaza Strip, June 4, 2025. (AFP)
Palestinian boys carry pots as the queue at a hot meal distribution point in Nuseirat in the central Gaza Strip, June 4, 2025. (AFP)
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Updated 06 June 2025

Gaza aid logistics company funded by Chicago private equity firm

Palestinian boys carry pots as the queue at a hot meal distribution point in Nuseirat in the central Gaza Strip, June 4, 2025.
  • Israel blocked almost all aid into Gaza for 11 weeks until May 19, and has since only allowed limited deliveries in, mostly managed by the new GHF operation
  • SRS is run by a former CIA official named Phil Reilly, but its ownership has not previously been disclosed

WASHINGTON: A Chicago-based private equity firm - controlled by a member of the family that founded American publishing company Rand McNally - has an "economic interest" in the logistics company involved in a controversial new aid distribution operation in Gaza.
McNally Capital, founded in 2008 by Ward McNally, helped "support the establishment" of Safe Reach Solutions, a McNally Capital spokesperson told Reuters. SRS is a for-profit company established in Wyoming in November, state incorporation records show. It is in the spotlight for its involvement with the U.S.- and Israeli-backed Gaza Humanitarian Foundation, which last week started distributing aid in the war-torn Palestinian enclave. The foundation paused work on Wednesday after a series of deadly shootings close to its operations and has suffered from the departure of senior personnel.

HIGHLIGHTS

• McNally Capital has economic interest in Safe Reach Solutions

• GHF aid distribution halted after deadly shootings near operations

• U.N. and aid groups refuse to work with GHF, citing lack of neutrality

"McNally Capital has provided administrative advice to SRS and worked in collaboration with multiple parties to enable SRS to carry out its mission," the spokesperson said. "While McNally Capital has an economic interest in SRS, the firm does not actively manage SRS or have a day-to-day operating role."
SRS is run by a former CIA official named Phil Reilly, but its ownership has not previously been disclosed. Reuters has not been able to establish who funds the newly created foundation.
The spokesperson did not provide details of the scale of the investment in SRS by McNally Capital, which says it has $380 million under management.
McNally Capital founder Ward McNally is the great great great grandson of the co-founder of Rand McNally. The McNally family sold the publishing company in 1997.
A spokesperson for SRS confirmed it worked with the foundation, also known as GHF, but did not answer specific questions about ownership.
GHF, which resumed aid distribution on Thursday, did not respond to a request for comment
While Israel and the United States have both said they don't finance the operation, they have pushed the United Nations and international aid groups to work with it, arguing that aid distributed by a long-established U.N. aid network was diverted to Hamas. Hamas has denied that.
Israel blocked almost all aid into Gaza for 11 weeks until May 19, and has since only allowed limited deliveries in, mostly managed by the new GHF operation. This week GHF pressed Israel to boost civilian safety beyond the perimeter of its distribution sites after Gazan health officials said at least 27 Palestinians were killed and dozens wounded by Israeli fire near one of the food distribution sites on Tuesday, the third consecutive day of chaos and bloodshed to blight the aid operation.
The Israeli military said its forces on Tuesday had opened fire on a group of people they viewed as a threat after they left a designated access route near the distribution center in Rafah. It said it was investigating what had happened.
The U.N and most other aid groups have refused to work with GHF because they say it is not neutral and that the distribution model militarizes aid and forces displacement.
The SRS spokesperson said in a statement that under Reilly's leadership, "SRS brings together a multidisciplinary team of experts in security, supply chain management, and humanitarian affairs."
McNally Capital has investments in defense contracting companies. Among the firms it acquired was Orbis Operations, a firm that specializes in hiring former CIA officers. Orbis did not return calls for comment. Reilly used to work for Orbis.


Islamist militants free Moroccan truck drivers held since January, Mali says

Islamist militants free Moroccan truck drivers held since January, Mali says
Updated 12 sec ago

Islamist militants free Moroccan truck drivers held since January, Mali says

Islamist militants free Moroccan truck drivers held since January, Mali says
  • The men and their three trucks disappeared in January while crossing without an escort from Dori in Burkina Faso to Tera in Niger
BAMAKO: Islamic State-affiliated militants have released four Moroccan truck drivers kidnapped in January, Mali said late on Monday, according to state media, highlighting growing intelligence cooperation between the two countries.
The men and their three trucks disappeared in January while crossing without an escort from Dori in Burkina Faso to Tera in Niger, an area known for jihadist threats, a diplomatic source said at the time.
They were shown alongside Mali junta leader Assimi Goita in footage broadcast on Monday night by state media, which reported that they had been freed on Sunday.
Junta-led Burkina Faso, Niger and Mali are battling militant groups linked to Al-Qaeda and Islamic State that have been destabilising West Africa’s Sahel region for more than a decade.
All three countries have halted defense cooperation with France and other Western forces and turned toward Russia for military support. And last year they announced their withdrawal from the Economic Community of West Africa States (ECOWAS), raising the risk of diplomatic isolation.
Morocco has meanwhile drawn closer to the three landlocked countries.
In April, the foreign ministers of Burkina Faso, Niger and Mali endorsed an initiative offering them access to global trade through Morocco’s Atlantic ports. Morocco also mediated to secure the release in December of four French nationals who had been held in Burkina Faso for a year.
The release on Sunday of the four truck drivers came as a result of cooperation between the security and intelligence services of Mali and Morocco, Malian state media reported.

Turkish parliamentary committee begins work on PKK peace initiative

Turkish parliamentary committee begins work on PKK peace initiative
Updated 39 min 1 sec ago

Turkish parliamentary committee begins work on PKK peace initiative

Turkish parliamentary committee begins work on PKK peace initiative
  • Fighters from the group began laying down their weapons in a symbolic ceremony in northern Iraq last month
  • The PKK announced in May that it would disband and renounce armed conflict, ending four decades of hostilities

ANKARA: A newly formed parliamentary committee tasked with overseeing a peace initiative with a Kurdish militant group held its inaugural meeting on Tuesday, marking a further significant step toward ending a decades-long insurgency.
The 51-member committee, comprised of legislators from most major parties, has been charged with proposing and supervising legal and political reforms aimed at advancing the peace process, following the Kurdistan Workers’ Party, or PKK’s, decision to disband and lay down arms.
Fighters from the group began laying down their weapons in a symbolic ceremony in northern Iraq last month, the first concrete step toward disarmament.
In his opening remarks, Parliament Speaker Numan Kurtulmus called the committee’s launch a “historic turning point.”
“The commission gathered here is no ordinary delegation; it is a historic one, demonstrating the courage to repair our future and the will to strengthen social integration,” he said.
“In this hall, we are witnessing the beginning of a new era, representing the will of the nation,” he said, before the proceedings were closed to journalists.
The committee was on Tuesday expected to decide on how to proceed and to select an official name.
The PKK announced in May that it would disband and renounce armed conflict, ending four decades of hostilities. The move came after PKK leader Abdullah Ocalan, who has been imprisoned on an island near Istanbul since 1999, urged his group in February to convene a congress and formally disband and disarm.
The PKK has waged an armed insurgency against Turkiye since 1984, initially with the aim of establishing a Kurdish state in the southeast of the country. Over time, the objective evolved into a campaign for autonomy and rights for Kurds within Turkiye.
The conflict between militants and state forces, which has spread beyond Turkiye’s borders into Iraq and Syria, has killed tens of thousands of people. The PKK is considered to be a terrorist organization by Turkiye, the United States and the European Union.
Previous peace efforts between Turkiye and the PKK have ended in failure — most recently in 2015.


Funding cuts drive Sudan’s children to the brink of irreversible harm, UNICEF says

Funding cuts drive Sudan’s children to the brink of irreversible harm, UNICEF says
Updated 05 August 2025

Funding cuts drive Sudan’s children to the brink of irreversible harm, UNICEF says

Funding cuts drive Sudan’s children to the brink of irreversible harm, UNICEF says
  • UNHCR and other UN agencies face one of the worst funding crises in decades, compounded by US and other donor states’ decisions to slash foreign aid funding
  • Children were being cut off from life-saving services due to funding cuts, while the scale of need is staggering, UNICEF said

GENEVA: Funding cuts are driving an entire generation of children in Sudan to the brink of irreversible harm as support is scaled back and malnutrition cases persist across the country, the UN children’s agency said on Tuesday.
UNHCR and other UN agencies face one of the worst funding crises in decades, compounded by US and other donor states’ decisions to slash foreign aid funding.
“Children have limited access to safe water, food, health care. Malnutrition is rife, and many good children are reduced to just skin, bones,” said Sheldon Yett, UNICEF’s Representative in Sudan, speaking via video link from Port Sudan.
Sudan’s conflict between the army and rival Rapid Support Forces has displaced millions and split the country into rival zones of control with the RSF still deeply embedded in western Sudan.
Several areas to the south of Sudan’s capital Khartoum are at risk of famine, the World Food Programme said in July.
Children were being cut off from life-saving services due to funding cuts, while the scale of need is staggering, UNICEF said.
“With recent funding cuts, many of our partners in Khartoum and elsewhere have been forced to scale back... We are being stretched to the limit across Sudan, with children dying of hunger,” Yett said.
“We on the verge of irreversible damage being done to an entire generation of children in Sudan.”
Only 23 percent of the 4.6 billion dollar global humanitarian response plan for Sudan has been funded, according to the United Nations Office for the Coordination of Humanitarian Affairs.
Access to areas in need also continues to be a challenge, with some roads rendered inaccessible due to the rainy season, hampering aid delivery efforts, UNICEF said. Other areas continue to be under siege, such as Al-Fashir.
“It has been one year since famine was confirmed in ZamZam camp and no food has reached this area. Al-Fashir remains under siege. We need that access now,” said Jens Laerke of OCHA.


Israeli cabinet may order complete Gaza takeover

Israeli cabinet may order complete Gaza takeover
Updated 05 August 2025

Israeli cabinet may order complete Gaza takeover

Israeli cabinet may order complete Gaza takeover
  • Israeli tanks pushed into central Gaza earlier on Tuesday but it was not clear if the move was part of a larger ground offensive

JERUSALEM/CAIRO: Israel’s cabinet could authorize on Tuesday a complete military takeover of Gaza for the first time in two decades, media reported, despite international pressure for a ceasefire to ease appalling conditions in the besieged Palestinian territory.

Prime Minister Benjamin Netanyahu is leaning toward an expanded offensive and taking control of the entire enclave after 22 months of war against militant group Hamas, Israeli Channel 12 reported.

A senior Israeli source told Reuters on Monday that more force was an option following the collapse of indirect ceasefire talks with Hamas.

Seizing the entire territory would reverse a 2005 decision by Israel to pull settlers and military out of Gaza while retaining control over its borders – a move right-wing parties blame for Hamas gaining power there.

It was unclear, however, whether a potential full takeover of Gaza would entail a prolonged occupation or a short-term operation aimed at dismantling Hamas and freeing hostages.

Israel’s coalition government is regarded as one of the most right-wing in its history, with the cabinet including parties that seek to annex both Gaza and the West Bank and encourage Palestinians to leave their homeland.

The country’s military has throughout the war pushed back against the idea of Israel trying to fully occupy Gaza and establish military rule there, which would require it to take over long-term governance.

The military has also struggled with manpower issues as the war has dragged on, with reservists being repeatedly called up and putting a strain on capabilities.

The conflict was triggered by a Hamas attack on Oct. 7, 2023, when gunmen stormed the border from Gaza, killing more than 1,200 people and seizing around 250 hostages according to Israeli tallies.

Israel’s military campaign has devastated the tiny, crowded enclave, killing more than 60,000 people according to Palestinian health authorities. It has forced nearly all of Gaza’s over 2 million people from their homes and caused what a global hunger monitor called last week an unfolding famine.

That has caused widespread international anger and prompted several European countries to say they would recognize a Palestinian state next month if there was no ceasefire.

Inside Gaza on Tuesday, Israeli gunfire and strikes killed at least 13 Palestinians, local health authorities said, including five people in a tent in Khan Younis and three aid seekers near Rafah in the south.

Tank push

Israeli tanks pushed into central Gaza earlier on Tuesday but it was not clear if the move was part of a larger ground offensive.

Palestinians living in the last fifth of the territory where Israel has not yet taken military control via ground incursions or orders for civilians to leave said any new move to occupy the area would be catastrophic.

“If the tanks pushed through, where would we go, into the sea? This will be like a death sentence to the entire population,” said Abu Jehad, a Gaza wood merchant, who asked not to be named in full.

A Palestinian official close to the talks and mediation said Israeli threats could be a way to pressure Hamas to make concessions at the negotiation table.

“It will only complicate the negotiation further, at the end, the resistance factions will not accept less than an end to the war, and a full withdrawal from Gaza,” he told Reuters, asking not to be named.

Israel said it would allow merchants to import goods. A source in Gaza told Reuters some trucks had already entered carrying chocolates and biscuits for a merchant.

It is hoped that essential items such as children’s milk, fresh meat and fruits, sugar, and rice could be allowed in, which would alleviate scarcity and drive down prices of what is available in the markets.

US Middle East envoy Steve Witkoff said last week he was working with the Israeli government on a plan that would effectively end the war in Gaza.

But Israeli officials have also floated ideas including expanding the offensive and annexing parts of Gaza.

The failed ceasefire talks in Doha had aimed to clinch agreements on a US-backed proposal for a 60-day truce, during which aid would be flown into Gaza and half of the hostages Hamas is holding would be freed in exchange for Palestinian prisoners jailed in Israel.

The Israeli military was expected on Tuesday to present alternatives that include extending into areas of Gaza where it has not yet operated, according to two defense officials.


Morrocan truck drivers kidnapped by Daesh group released in Mali

Morrocan truck drivers kidnapped by Daesh group released in Mali
Updated 05 August 2025

Morrocan truck drivers kidnapped by Daesh group released in Mali

Morrocan truck drivers kidnapped by Daesh group released in Mali
  • The Malian government said in a statement read on public television late Monday the truck drivers were released “safe and sound” Sunday evening

BAMAKO: Four Moroccan truck drivers, who were kidnapped in January in West Africa by the Daesh group and held captive for months, were released late Sunday, Malian authorities said.
The truckers were traveling 3,000 miles to transport electrical equipment from Casablanca to Niamey, the capital of Niger, before they were reported missing on January 18, 2025, in northeastern Burkina Faso, near the border with Niger.
The Malian government said in a statement read on public television late Monday the truck drivers were released “safe and sound” Sunday evening.
It added the four were held by the Islamic State in the Sahel Province, a subgroup of the Islamic state group. Malian public television showed video of the drivers wearing traditional Malian clothes in the company of junta leader Gen. Assimi Goïta.
The Malian government said their release was made possible thanks to the coordinated efforts between Mali’s National State Security Agency and Morocco’s foreign intelligence service.
Mali, along with neighboring Burkina Faso and Niger, has for more than a decade battled an insurgency by armed groups, including some allied with Al-Qaeda and the Daesh group. Following military coups, the three countries expelled French forces and turned to Russia’s mercenary units for assistance, but the security situation has been deteriorating.
In May, extremist fighters abducted two Chinese nationals during an attack on an artisanal gold mining site in Mali.
In February, Moroccan authorities said they arrested a dozen people who were planning attacks on behalf of the Islamic State in the Sahel Province subgroup.
Morocco has worked to present itself as a regional leader and is forging deeper ties with countries in the Sahel. Foreign ministers of landlocked Mali, Niger and Burkina Faso said they were backing a Moroccan initiative granting them access to the Atlantic ocean using its ports.
Last year, Rabat mediated the release of four French intelligence agents held in Burkina Faso.