Egypt Urges De-escalation in the Region

Egyptian Minister of Defense during a meeting with his British counterpart in Cairo. (Egypt's Armed Forces spokesman) 
Egyptian Minister of Defense during a meeting with his British counterpart in Cairo. (Egypt's Armed Forces spokesman) 
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Egypt Urges De-escalation in the Region

Egyptian Minister of Defense during a meeting with his British counterpart in Cairo. (Egypt's Armed Forces spokesman) 
Egyptian Minister of Defense during a meeting with his British counterpart in Cairo. (Egypt's Armed Forces spokesman) 

Egyptian Minister of Defense Mohamed Zaki emphasized on Thursday during a meeting with his British counterpart in Egypt, the need for collaborative efforts to "prevent escalation and bolster security and stability in the region”.
Discussions between the British defense minister, Grant Shapps, and Zaki focused on the "developments in the Middle East, bilateral cooperation, and the shared interests between the two countries," a statement by Egypt's Armed Forces spokesman Colonel Gharib Abdel-Hafez said.
Commending Egypt's significant regional role, especially in light of the ongoing crisis in the Gaza Strip, Shapps acknowledged its impact on international and regional stability and security.
Separately, Egyptian President Abdel-Fattah al-Sisi, in a statement released on Wednesday, warned against the "danger of military escalation in the Middle East region on multiple fronts."
During a meeting with the visiting Greek Foreign Minister Giorgos Gerapetritis, Sisi emphasized the "vital need to defuse the current critical situation" through an immediate ceasefire in Gaza and ensuring the delivery of humanitarian aid.
Furthermore, Arab League Secretary-General Ahmad Abul Gheit expressed deep concern over the potential multifront escalation, urging an end to the Israeli war on Gaza. He highlighted the horrific humanitarian crisis resulting from the conflict.
The Greek Foreign Minister affirmed Athens' commitment to preventing the displacement of Palestinians from Gaza, emphasizing the urgency of a ceasefire and the pursuit of a sustainable political solution.
Gerapetritis warned of an expanded conflict if the crisis persists.
Meanwhile, an Egyptian security source denied reports of "launching a drone from Sinai to Eilat," following the Israeli army's interception of a "suspicious aerial target" over the Red Sea near Eilat, later declared a "false alarm."
In a separate development, the Egyptian Armed Forces reported the thwarting of a drug smuggling attempt, resulting in the death of three suspected traffickers during the operation. The military spokesman disclosed the interception of approximately 300 kg of various narcotics.
This follows another successful interception earlier in the week, where Egypt seized 174 kg of narcotics on its border with Israel, resulting in one fatality and the arrest of six individuals.

 

 



Syria to Start Currency Swap on January 1st, Central Bank Governor Says

Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. Picture taken February 3, 2020. REUTERS/Khalil Ashawi/File Photo
Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. Picture taken February 3, 2020. REUTERS/Khalil Ashawi/File Photo
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Syria to Start Currency Swap on January 1st, Central Bank Governor Says

Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. Picture taken February 3, 2020. REUTERS/Khalil Ashawi/File Photo
Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. Picture taken February 3, 2020. REUTERS/Khalil Ashawi/File Photo

Syria will start swapping old banknotes for new ones under a ​plan to replace Assad-era notes starting from January 1, 2026, Central Bank Governor Abdelkader Husrieh said on Thursday.

Husrieh announced the introduction of the new Syrian currency, saying the decree "sets January ‌1, 2026, ‌as the start date ‌for ⁠the ​exchange ‌process". Sources familiar with the matter told Reuters in August that the country will issue new banknotes, removing two zeros from its currency in an attempt to restore ⁠public confidence in the severely devalued pound.

The ‌step is intended ‍to strengthen ‍the Syrian pound after its purchasing ‍power collapsed to record lows following a 14-year conflict that ended with President Bashar al-Assad's ouster in December.

Husrieh ​said the operation will take place through a smooth and orderly ⁠swap - a move bankers hope will ease fears that the new currency could fuel inflation and further erode the purchasing power of Syrians already reeling from high prices.

He added that a press conference will soon outline the exact regulations and mechanisms.


Türkiye Begins Black Box Analysis of Jet Crash That Killed Libyan Military Chief and 7 Others

Libyan national flags fly at half-mast in Tripoli on December 24, 2025, after the head of Libya's armed forces and his four aides died in a plane crash in Türkiye. (AFP)
Libyan national flags fly at half-mast in Tripoli on December 24, 2025, after the head of Libya's armed forces and his four aides died in a plane crash in Türkiye. (AFP)
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Türkiye Begins Black Box Analysis of Jet Crash That Killed Libyan Military Chief and 7 Others

Libyan national flags fly at half-mast in Tripoli on December 24, 2025, after the head of Libya's armed forces and his four aides died in a plane crash in Türkiye. (AFP)
Libyan national flags fly at half-mast in Tripoli on December 24, 2025, after the head of Libya's armed forces and his four aides died in a plane crash in Türkiye. (AFP)

The technical analysis of the recovered black boxes from a jet crash that killed eight people, including western Libya’s military chief, began as the investigation proceeded in cooperation with Libyan authorities, the Turkish Ministry of Defense said Thursday.

The private jet with Gen. Muhammad Ali Ahmad al-Haddad, four other military officials and three crew members crashed on Tuesday after taking off from Türkiye’s capital, Ankara, killing everyone on board. Libyan officials said the cause of the crash was a technical malfunction on the plane.

The high-level Libyan delegation was on its way back to Tripoli after holding defense talks in Ankara aimed at boosting military cooperation between the two countries.

The wreckage was scattered across an area covering 3 square kilometers (more than a square mile), complicating recovery efforts, according to the Turkish Interior Minister Ali Yerlikaya.

A 22-person delegation, including five family members, arrived from Libya early on Wednesday to assist in the investigation.


Lebanese President: We are Determined to Hold Parliamentary Elections on Time

President Joseph Aoun between Prime Minister Nawaf Salam and Speaker Nabih Berri (Lebanese Presidency file photo)
President Joseph Aoun between Prime Minister Nawaf Salam and Speaker Nabih Berri (Lebanese Presidency file photo)
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Lebanese President: We are Determined to Hold Parliamentary Elections on Time

President Joseph Aoun between Prime Minister Nawaf Salam and Speaker Nabih Berri (Lebanese Presidency file photo)
President Joseph Aoun between Prime Minister Nawaf Salam and Speaker Nabih Berri (Lebanese Presidency file photo)

Lebanese President Joseph Aoun reiterated on Thursday that the country’s parliamentary elections are a constitutional obligation that must be carried out on time.

Lebanon’s state-run National News Agency quoted Aoun as saying that he, alongside Prime Minister Nawaf Salam and Parliament Speaker Nabih Berri, is determined to hold the elections on schedule.

Aoun also emphasized that diplomatic efforts have continued unabated to keep the specter of war at bay, noting that "things are heading in a positive direction".

The agency also cited Berri reaffirming that the elections will take place as planned, with "no delays, no extensions".

The Lebanese parliamentary elections are scheduled for May next year.