3-Stage Deal Awaits Israel, Hamas Response

Part of the protests organized in Tel Aviv on Monday by the families of Israeli detainees held by "Hamas" in Gaza (Reuters)
Part of the protests organized in Tel Aviv on Monday by the families of Israeli detainees held by "Hamas" in Gaza (Reuters)
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3-Stage Deal Awaits Israel, Hamas Response

Part of the protests organized in Tel Aviv on Monday by the families of Israeli detainees held by "Hamas" in Gaza (Reuters)
Part of the protests organized in Tel Aviv on Monday by the families of Israeli detainees held by "Hamas" in Gaza (Reuters)

Mediators from the US, Qatar, and Egypt are close to finalizing a framework for a Gaza prisoner exchange deal, aiming to bring an end to the conflict. Israel has given partial approval but raised objections.

The Palestinian Hamas group is expected to respond in the next two days.

Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani, during his Washington visit, mentioned positive developments in talks for a deal, with sources revealing Israel’s agreement to the proposal discussed in a Paris meeting on Sunday.

The three-stage agreement includes a gradual ceasefire in Gaza, aid delivery, and the release of Palestinian prisoners.

Negotiators from Israel, the US, Egypt, and Qatar agreed on a framework for releasing remaining US and Israeli hostages, starting with women and children.

While Israel began discussions on Monday, Hamas has not yet received the deal.

Hamas leader Osama Hamdan criticized Israeli Prime Minister Benjamin Netanyahu for not being serious about reaching a settlement.

Hamdan emphasized Hamas wants an end to the war, not just a temporary truce.

In the first phase of the potential deal, 35-40 captives, including women and children, could be released, and Israel would pause attacks for 45 days, freeing hundreds of Palestinian prisoners.

Subsequent phases involve releasing soldiers, reservists, and others, accompanied by an extended ceasefire.

US pressure has increased, hoping the deal leads to a lasting ceasefire.



Syria’s Finance Minister Says Foreign Investors Welcome after US Sanctions Move

A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
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Syria’s Finance Minister Says Foreign Investors Welcome after US Sanctions Move

A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)

Syrian Finance Minister Yisr Barnieh made a call to global investors on Wednesday to come do business with Syria after US President Donald Trump's surprise announcement that he would lift all of Washington's sanctions on the country.

"Syria today is a land of opportunities, with immense potential across every sector—from agriculture to oil, tourism, infrastructure, and transportation,” Barnieh said in an interview with Reuters at the Finance Ministry in Damascus.

"We envision a central role for the private sector in the new Syrian economy. The finance ministry's role is not to spend indiscriminately or act as a regulatory enforcer over businesses, but rather to enable and support growth."

A wall outside his office still bore the discolored outline of one of the many posters of former strongman Bashar al-Assad that used to hang in Syria's public buildings before his ousting by the Hayat Tahrir al-Sham (HTS) last year.

Changes in Syria have been swift since Assad fled to Russia in December of last year.

HTS commander Ahmed Sharaa was appointed president, formed a government and had quick success garnering Gulf Arab support and getting most European sanctions lifted.

The stunning turn of events was capped by a meeting between Sharaa and Trump in Riyadh on Wednesday after Trump's pledge to cease US sanctions imposed on Syria under Assad-family rule, measures widely seen as the biggest external obstacles to the country's economic recovery.

Trump has not set out a timeline for removal.

"One of the most critical outcomes of lifting sanctions would be Syria's reintegration into the global financial system," Barnieh said.

"This would allow us to restore financial flows and attract investments, which are urgently needed across all sectors,” he said, adding that Syrian authorities have already seen strong interest from Saudi Arabia, the UAE, Kuwait, Qatar, and several EU countries, among others.

He noted that the government is undertaking a comprehensive overhaul of public financial management, including reforms to the tax system, customs, and banking -- part of a broader effort to modernize an economy long burdened by an oversized public sector.

He also struck a cautioning tone, saying that the removal of sanctions would be just the first step in a years-long recovery for a country ruined by 14 years of war.

"The lifting of sanctions is not the final chapter," he said.

"We cannot afford to become complacent. We are entering a new phase that demands real results and visible progress on the ground."