Israel and Hamas Agree on New Exchange, Leaving Fragile Ceasefire Intact 

 Palestinians walk among the rubble of buildings destroyed during the Israeli offensive, amid a ceasefire between Israel and Hamas, in Khan Younis, in the southern Gaza Strip, February 24, 2025. (Reuters)
Palestinians walk among the rubble of buildings destroyed during the Israeli offensive, amid a ceasefire between Israel and Hamas, in Khan Younis, in the southern Gaza Strip, February 24, 2025. (Reuters)
TT

Israel and Hamas Agree on New Exchange, Leaving Fragile Ceasefire Intact 

 Palestinians walk among the rubble of buildings destroyed during the Israeli offensive, amid a ceasefire between Israel and Hamas, in Khan Younis, in the southern Gaza Strip, February 24, 2025. (Reuters)
Palestinians walk among the rubble of buildings destroyed during the Israeli offensive, amid a ceasefire between Israel and Hamas, in Khan Younis, in the southern Gaza Strip, February 24, 2025. (Reuters)

Israeli and Hamas officials said Tuesday they have reached an agreement to exchange the bodies of dead hostages for the release of hundreds of Palestinian prisoners, keeping their fragile ceasefire intact for at least a few more days. 

Israel has delayed the release of 600 Palestinian prisoners since Saturday to protest what it says is the cruel treatment of hostages during their release by Hamas. The group has said the delay is a “serious violation” of their ceasefire and that talks on a second phase are not possible until they are freed. 

The deadlock had threatened to collapse the ceasefire when the current six-week first phase of the deal expires this weekend. 

But late Tuesday, Hamas said an agreement had been reached to resolve the dispute during a visit to Cairo by a delegation headed by Khalil al-Hayya, a top political official in the group. 

The breakthrough appeared to clear the way for the return of the bodies of four more dead hostages and hundreds of additional prisoners scheduled to be released under the ceasefire. 

The prisoners previously slated for release “will be released simultaneously with the bodies of the Israeli prisoners who were agreed to be handed over,” along with the release of a new set of Palestinian prisoners, the Hamas statement said. 

An Israeli official, speaking on condition of anonymity because he was not authorized to speak to the media, confirmed an agreement to bring home the bodies in the coming days. He gave no further details. 

But Israeli media reports said the exchange could take place as soon as Wednesday. The Ynet news site said the Israeli bodies would be handed over to Egyptian authorities without any public ceremony. 

Hamas has released hostages, and the bodies of four dead hostages, in large public ceremonies during which the Israelis were paraded and forced to wave to large crowds. Israel, along with the Red Cross and UN officials, have said the ceremonies were humiliating to the hostages, and Israel last weekend delayed the scheduled prisoner release in protest. 

The latest agreement would complete both sides' obligations of the first phase of the ceasefire — during which Hamas is returning 33 hostages — including eight bodies — in exchange for nearly 2,000 Palestinian prisoners. 

It also could clear the way for an expected visit by the White House’s Mideast envoy, Steve Witkoff, to the region. Witkoff, who is expected in the region in the coming days, has said he wants the sides to move into negotiations on the second phase, during which all remaining hostages held by Hamas are to be released and an end to the war is to be negotiated. The Phase 2 talks were supposed to begin weeks ago, but never did. 

The ceasefire, brokered by the US, Egypt and Qatar, ended 15 months of heavy fighting that erupted after Hamas' Oct. 7, 2023, attack that killed some 1,200 people in Israel and took about 250 people hostage. 

Israel's military offensive has killed over 48,000 Palestinians, according to Palestinian health officials, displaced an estimated 90% of Gaza's population and decimated the territory's infrastructure and health system. The Hamas-run Health Ministry does not differentiate between civilian and militant deaths, but it says that over half of the dead have been women and children. 



Türkiye, Hamas Discuss Gaza Ceasefire Deal’s Second Phase, Turkish Source Says

Palestinian children play next to tents in a makeshift camp for displaced people set up on the beach in Gaza City, Tuesday, Dec. 16, 2025. (AP)
Palestinian children play next to tents in a makeshift camp for displaced people set up on the beach in Gaza City, Tuesday, Dec. 16, 2025. (AP)
TT

Türkiye, Hamas Discuss Gaza Ceasefire Deal’s Second Phase, Turkish Source Says

Palestinian children play next to tents in a makeshift camp for displaced people set up on the beach in Gaza City, Tuesday, Dec. 16, 2025. (AP)
Palestinian children play next to tents in a makeshift camp for displaced people set up on the beach in Gaza City, Tuesday, Dec. 16, 2025. (AP)

Turkish Foreign Minister Hakan Fidan on Wednesday ​met with Hamas political bureau officials in Ankara to discuss the ceasefire in Gaza and advancing the ‌agreement to ‌its ‌second ⁠phase, ​a ‌Turkish Foreign Ministry source said according to Reuters.

The source said the Hamas officials told Fidan that they had fulfilled ⁠their requirements as ‌part of the ‍ceasefire ‍deal, but that Israel's ‍continued targeting of Gaza aimed to prevent the agreement from ​moving to the next phase.

The Hamas members ⁠also said humanitarian aid entering Gaza was not sufficient, and that goods like medication, equipment for housing, and fuel were needed, the source ‌added.


Israel Says It Killed Hamas Financial Officer in Gaza

Buildings destroyed during Israeli ground and air operations stand in the Gaza Strip, as seen from southern Israel, Thursday, Dec. 18, 2025. (AP)
Buildings destroyed during Israeli ground and air operations stand in the Gaza Strip, as seen from southern Israel, Thursday, Dec. 18, 2025. (AP)
TT

Israel Says It Killed Hamas Financial Officer in Gaza

Buildings destroyed during Israeli ground and air operations stand in the Gaza Strip, as seen from southern Israel, Thursday, Dec. 18, 2025. (AP)
Buildings destroyed during Israeli ground and air operations stand in the Gaza Strip, as seen from southern Israel, Thursday, Dec. 18, 2025. (AP)

The Israeli army said Wednesday that it had identified a Hamas financial official it killed two weeks ago in a strike in the Gaza Strip.

Abdel Hay Zaqut, a financial official in Hamas's armed wing, on December 13 in the same strike that killed military commander Raed Saad, seen by Israel as one of the architects of Hamas's October 7, 2023 attack.

The Israeli army's Arabic-language spokesperson, Avichay Adraee, said on Wednesday that Zaqut was killed while he was in a vehicle alongside Raed Saad in "a joint operation by the Israeli army and the Shin Bet", Israel's internal security agency.

Zaqut "belonged to the financial department of the armed wing" of Hamas, Adraee wrote on X.

"Over the past year, Zaqut was responsible for collecting and transferring tens of millions of dollars to Hamas's armed wing with the aim of continuing the fight against the State of Israel," he said.

Hamas's leader for the Gaza Strip, Khalil al-Hayya, confirmed on December 14 the death of Saad and "his companions", though he did not name Zaqut.

The Israeli army said Saad headed the weapons production headquarters of Hamas's military wing and oversaw the group's build-up of capabilities.

Since October 10, a fragile truce has been in force in the Gaza Strip, although Israel and Hamas accuse each other of violations.

The war began with Hamas's 2023 attack on Israel, which resulted in the deaths of more than 1,200 people, most of them civilians, according to an AFP tally based on official figures.

Israel's retaliatory campaign has killed more than 70,000 people in the Gaza Strip, according to the health ministry in the Hamas-run territory, a figure the UN deems is credible.


Lebanon Central Bank Governor Expresses Reservations Over Draft Law on Deposit Recovery

 Lebanese Prime Minister Nawaf Salam heads a cabinet meeting in Beirut, Lebanon December 23, 2025. (Reuters)
Lebanese Prime Minister Nawaf Salam heads a cabinet meeting in Beirut, Lebanon December 23, 2025. (Reuters)
TT

Lebanon Central Bank Governor Expresses Reservations Over Draft Law on Deposit Recovery

 Lebanese Prime Minister Nawaf Salam heads a cabinet meeting in Beirut, Lebanon December 23, 2025. (Reuters)
Lebanese Prime Minister Nawaf Salam heads a cabinet meeting in Beirut, Lebanon December 23, 2025. (Reuters)

Lebanon’s Central Bank governor has expressed some reservations over a draft law allowing depositors to gradually recover funds ​frozen in the banking system since a financial collapse in 2019, a move critical to reviving the economy.

Karim Souaid described the proposed timetable for the cash component of deposit repayments as "somewhat ambitious" in a statement on Tuesday.

He suggested ‌it may ‌be adjusted without hindering ‌the depositors' ⁠rights ​guarantee "regular, ‌uninterrupted, and complete payments over time".

He also urged the cabinet to conduct a careful review of the draft law , calling for clarifications to ensure fairness and credibility before it is submitted to parliament.

The central ⁠bank governor said the draft required further refinement, ‌including clearer provisions to guarantee equitable ‍treatment of depositors ‍and to reinforce the state’s commitments ‍under the law.

The 2019 financial collapse - the result of decades of unsustainable financial policies, waste and corruption - led the state to default ​on its sovereign debt and sank the Lebanese pound.

The draft law marks ⁠the first time Beirut has put forward legislation aimed at addressing a vast funding shortfall - estimated at $70 billion in 2022 but now believed to be higher.

Prime Minister Nawaf Salam on Monday urged ministers to swiftly approve the draft legislation.

The cabinet discussed the law on Monday and Tuesday and is set to continue discussions ‌on Friday.