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$100 Million-Worth Fund to Support Jerusalem

The sixth General Assembly Meeting and the Annual Ceremony of the Al-Quds Fund and Al-Quds Waqf. WAFA
The sixth General Assembly Meeting and the Annual Ceremony of the Al-Quds Fund and Al-Quds Waqf. WAFA
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$100 Million-Worth Fund to Support Jerusalem

The sixth General Assembly Meeting and the Annual Ceremony of the Al-Quds Fund and Al-Quds Waqf. WAFA
The sixth General Assembly Meeting and the Annual Ceremony of the Al-Quds Fund and Al-Quds Waqf. WAFA

Executive Director of AI Quds Fund and Endowment Taher Al Disi announced on Friday the establishment of the Al-Ihsan Waqf Investment Fund with an initial worth $100 million to foster economic and social development.

The announcement was made during the sixth General Assembly Meeting and the Annual Ceremony of the Al-Quds Fund and Al-Quds Waqf, held in the presence of Saudi Prince Turki Al-Faisal, member of the Board of Directors of Al-Quds Fund and Endowment, Dr. Bandar Hajjar, President of the Islamic Development Bank (IsDB), and Palestinian Prime Minister Mohammad Shtayyeh.

At the ceremony, the Islamic Development Bank signed with Palestinian investors the agreement to establish the Al-Ihsan Waqf for Al-Quds and the Al-Quds Empowerment Fund.

Hajjar commended the role of Saudi Arabia in launching numerous initiatives in favor of Palestine in general and Al-Quds in particular.

He said these initiatives include the establishment of the Al-Aqsa and Al-Quds Funds with financial resources amounting to $1 billion, whose management has been entrusted to the Islamic Bank.

The President added that, upon the initiative of the Kingdom, the Islamic Solidarity Fund for Development (ISFD) was established to fight poverty.

Hajjar said that in 2018 the Kingdom took the initiative to establish a $150 million Waqf fund to support Awqaf projects in Jerusalem, with the management of the fund being entrusted to the IsDB.

He added that two months ago, the Palestinian People Economic Empowerment Fund, which will work with the poor and unemployed youth, was launched with an initial capital of $500 million.

“The IsDB will contribute $100 million and the ISFD, the IsDB poverty alleviation arm, $50 million,” he said.

The Palestinian Prime Minister strongly commended the initiative of the Islamic Development Bank to establish a fund for the economic empowerment of the Palestinian people with a capital of $500 million.

“We must inform the Palestinian people that the fund has become a reality, and that this initiative launched by the IsDB President is part of the economic clusters plan, especially the cluster for the capital city of Al Quds,” Shtayyeh said.

He noted that IsDB has made a significant contribution in favor of Palestine to help it address the coronavirus pandemic, making contributions in Gaza and in Al-Quds, which solidifies the unity of the Palestinian territories, adding that the Bank has also made contributions to empowerment projects and to the reconstruction of Nahr al-Bared camp in Lebanon.

Prince Turki said the world today is in an exceptional state. “However those exceptions cannot erase a constant, which is our meeting today to discuss a main cause, the cause of Palestine,” he said.

The Prince spoke about the historic efforts exerted by Saudi Arabia, through its leadership and people, to support the Palestinian cause.

“We are witnessing a great event by signing with the Islamic Bank a fund for Jerusalem worth $100 million,” Turki said.

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Arab World

Syria Starts Evacuating ISIS-linked Al-Hol Camp

TOPSHOT - Members of Syrian security forces march through the entrance of the Al-Hol camp in the desert region of Hasakeh province on January 21, 2026. (Photo by OMAR HAJ KADOUR / AFP)
TOPSHOT - Members of Syrian security forces march through the entrance of the Al-Hol camp in the desert region of Hasakeh province on January 21, 2026. (Photo by OMAR HAJ KADOUR / AFP)
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Syria Starts Evacuating ISIS-linked Al-Hol Camp

TOPSHOT - Members of Syrian security forces march through the entrance of the Al-Hol camp in the desert region of Hasakeh province on January 21, 2026. (Photo by OMAR HAJ KADOUR / AFP)
TOPSHOT - Members of Syrian security forces march through the entrance of the Al-Hol camp in the desert region of Hasakeh province on January 21, 2026. (Photo by OMAR HAJ KADOUR / AFP)

Syrian authorities began evacuating remaining residents of the ISIS group-linked Al-Hol camp in the country's northeast on Tuesday, as they empty the formerly Kurdish-controlled facility, two officials told AFP.

Fadi al-Qassem, the official appointed by the government with managing Al-Hol's affairs, told AFP that the camp "will be fully evacuated within a week, and nobody will remain", adding that "the evacuation started today".

A government source told AFP on condition of anonymity that "the emergencies and disaster management ministry is working now to evacuate Al-Hol camp" and take residents to a camp in Akhtarin, in the north of Aleppo province.

Arab World

Protesters Block Beirut Roads after Cabinet Approves New Taxes that Raise Fuel Prices

Taxi drivers, foreground, block a main highway with their cars during a protest against the increased taxes and gasoline prices issued by the Lebanese Cabinet on Monday, in Beirut, Lebanon, Tuesday, Feb. 17, 2026. (AP Photo/Hussein Malla)
Taxi drivers, foreground, block a main highway with their cars during a protest against the increased taxes and gasoline prices issued by the Lebanese Cabinet on Monday, in Beirut, Lebanon, Tuesday, Feb. 17, 2026. (AP Photo/Hussein Malla)
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Protesters Block Beirut Roads after Cabinet Approves New Taxes that Raise Fuel Prices

Taxi drivers, foreground, block a main highway with their cars during a protest against the increased taxes and gasoline prices issued by the Lebanese Cabinet on Monday, in Beirut, Lebanon, Tuesday, Feb. 17, 2026. (AP Photo/Hussein Malla)
Taxi drivers, foreground, block a main highway with their cars during a protest against the increased taxes and gasoline prices issued by the Lebanese Cabinet on Monday, in Beirut, Lebanon, Tuesday, Feb. 17, 2026. (AP Photo/Hussein Malla)

Protesters blocked main roads in and around Beirut on Tuesday after Lebanon’s Cabinet approved new taxes that raise fuel prices and other products to fund public pay hikes.

The Cabinet approved a tax of 300,000 Lebanese pounds (about $3.30) on every 20 liters (5.3 gallons) of gasoline on Monday. Diesel fuel was exempted from the new tax, as most in Lebanon depend on it to run private generators to make up for severe shortages in state electricity.

The government also agreed to increase the value-added tax on all products already subject to the levy from 11 to 12%, which the parliament still has to approve, The Associated Press said.

The tax increases are to support raises and pension boosts of public employees, after wages lost value in the 2019 currency collapse, giving them the equivalent of an additional six months’ salary. Information Minister Paul Morcos said the pay increases were estimated to cost about $800 million.

Though the Mediterranean country sits on one of the largest gold reserves in the Middle East, it suffers ongoing inflation and widespread corruption. The cash-strapped country also suffered about $11 billion in damages in the 2024 war between Israel and the Hezbollah militant group.

Anger over fuel hike Ghayath Saadeh, one of a group of taxi drivers who blocked a main road leading into downtown Beirut, said the country’s leaders “consider us taxi drivers to be garbage.”

“Everything is getting more expensive, food and drinks, and Ramadan is coming,” he said. “We will block all the roads, God willing, if they don’t respond to us.”

When the Lebanese government proposed new taxes in 2019, including a $6 monthly fee for using internet calls through services such as WhatsApp, mass protests broke out that paralyzed the country for months. Demonstrators called for the country’s leaders to step down over widespread corruption, government paralysis and failing infrastructure, and for an end to the country’s sectarian power-sharing system.

Lebanon has been under international pressure to make financial reforms for years, but has so far made little progress.

Weapons plan discussed

Also Monday, the cabinet received a report from the Lebanese army on its progress on a plan to disarm non-state militant groups in the country, including Hezbollah.

Last month, the army announced it had completed the first phase of the plan, covering the area south of the Litani River, near the border with Israel. The second phase of the plan will cover segments of southern Lebanon between the Litani and the Awali rivers, which includes the port city of Sidon.

Morcos, the information minister, said following the cabinet session that the second stage is expected to take four months but could be extended “depending on the available resources, the continuation of Israeli attacks and the obstacles on the ground.”

The disarmament plan comes after a US-brokered ceasefire nominally ended a war between Hezbollah and Israel in November 2024. Since then, Israel has accused Hezbollah of rebuilding and has continued to launch near-daily strikes in Lebanon and to occupy several hilltop points on the Lebanese side of the border.

Hezbollah has insisted that the ceasefire deal only requires it to disarm south of the Litani and that it will not discuss disarming in the rest of the country until Israel stops its strikes and withdraws from all Lebanese territory.

Arab World

Under Israeli Cover, Gaza Gangs Kill and Abduct Palestinians in Hamas-Controlled Areas 

A group of women wait for news as Palestinian civil defense teams work to recover the remains of 67 members of the Abu Nasr family from beneath the rubble of their home after it was destroyed in an Israeli airstrike in Beit Lahiya, north of Gaza City, 15 February 2026. (EPA)
A group of women wait for news as Palestinian civil defense teams work to recover the remains of 67 members of the Abu Nasr family from beneath the rubble of their home after it was destroyed in an Israeli airstrike in Beit Lahiya, north of Gaza City, 15 February 2026. (EPA)
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Under Israeli Cover, Gaza Gangs Kill and Abduct Palestinians in Hamas-Controlled Areas 

A group of women wait for news as Palestinian civil defense teams work to recover the remains of 67 members of the Abu Nasr family from beneath the rubble of their home after it was destroyed in an Israeli airstrike in Beit Lahiya, north of Gaza City, 15 February 2026. (EPA)
A group of women wait for news as Palestinian civil defense teams work to recover the remains of 67 members of the Abu Nasr family from beneath the rubble of their home after it was destroyed in an Israeli airstrike in Beit Lahiya, north of Gaza City, 15 February 2026. (EPA)

Amid heavy Israeli airstrikes across Gaza, armed gangs carried out kidnappings and executions of Palestinians on Monday in areas controlled by Hamas, west of the so-called “yellow line” separating Israeli forces from the Palestinian movement.

According to local sources, Sunday’s strikes against Hamas and other armed factions deployed along the separating line resulted in security breaches that allowed armed gangs operating in Israeli-controlled zones to infiltrate areas west of the yellow line.

In response, Palestinian factions expanded their deployment, under what they termed “Operation Ribat”, to prevent the infiltration of collaborators with Israel into their areas. However, the Israeli strikes hit those fighters, killing several.

Before dawn on Monday, gunmen affiliated with the Rami Helles gang, which is active in eastern Gaza City, raided homes on the western outskirts of the Shujaiya neighborhood, just meters from Salah al-Din Road and more than 150 meters from the yellow line.

Field sources and affected families told Asharq Al-Awsat that the gunmen abducted several residents from their homes and interrogated them on the spot amid intense Israeli drone activity. Quad-copter drones were reportedly providing “security cover” for the attackers and opening fire in the surrounding area.

The sources said the gunmen shot and killed Hussam al-Jaabari, 31, after he refused to answer their questions. His body was left at the scene before the attackers withdrew, releasing others who had been detained. Al-Jaabari was later pronounced dead at Al-Maamadani (Al-Ahli Arab) Hospital.

In a separate incident, gunmen linked to the Ashraf al-Mansi gang, which is active in Jabalia and Beit Lahiya in northern Gaza, stormed Abu Tammam School in Beit Lahiya that shelters dozens of displaced families, also under Israeli drone surveillance.

Several young men were abducted and taken to a gang-controlled location, and they haven’t been heard of since. Three families of women and children were briefly detained and later released.

Sources in the Palestinian armed factions denied that any of the abducted individuals or the victim of the killing were members of their groups.

Meanwhile, Hamas’ Ezzedine al-Qassam Brigades froze deployments near the yellow line after Israeli airstrikes killed 10 of its members in two raids in Khan Younis and Jabalia on Sunday.

A Hamas source said the move was temporary and could be reversed once Israeli strikes subside.

Israel said it targeted Qassam fighters after gunmen emerged from a tunnel in Beit Hanoun, a claim it has used to justify strikes on faction targets and the assassination of senior operatives.

On Monday, the army announced it had killed a group of gunmen in Rafah, raising fears of further escalation.

Separately, dozens of families of missing Palestinians held a protest in Khan Younis, demanding information about relatives who disappeared during the war. UN estimates put the number of missing in Gaza at between 8,000 and 11,000, with their fate still unknown.