Search Site

Trends banner

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

US says talks came to ‘understanding’ on possible Gaza truce

A woman walks near the Al-Faruq mosque, levelled by Israeli bombardment in Rafah in the southern Gaza Strip on February 25, 2024. (AFP)
  • "That work is underway. And we hope that in the coming days, we can drive to a point where there is actually a firm and final agreement on this issue."
  • Negotiations for a ceasefire have resumed in Doha between the four countries, as well as Hamas representatives, state-linked Egyptian media reported Sunday.

Washington, United States — The United States said Sunday that multinational talks in Paris came to an “understanding” on a possible deal for Hamas to release hostages and for a new ceasefire in the Gaza war.

An Israeli delegation led by Mossad chief David Barnea was in the French capital on Friday to discuss a deal to ensure a fresh ceasefire and the release of hostages held by Hamas in Gaza in exchange for Palestinians held by Israel.

“Representatives of Israel, the United States, Egypt, and Qatar met in Paris and came to an understanding among the four of them about what the basic contours of a hostage deal for temporary ceasefire would look like,” White House National Security Advisor Jake Sullivan told CNN.

“It is still under negotiation in terms of hammering out the details of it. There will have to be indirect discussions by Qatar and Egypt with Hamas because ultimately they will have to agree to release the hostages,” he said.

“That work is underway. And we hope that in the coming days, we can drive to a point where there is actually a firm and final agreement on this issue.”

Negotiations for a ceasefire have resumed in Doha between the four countries, as well as Hamas representatives, state-linked Egyptian media reported Sunday.

During the unprecedented attack on Israel on October 7, Hamas took some 250 hostages, 130 of whom remain in Gaza, including 30 presumed dead, according to Israel.

As with a previous week-long truce in November that saw more than 100 hostages and 240 Palestinian prisoners freed, Qatar, Egypt and the United States have been spearheading efforts to secure a new deal.

International pressure for a ceasefire has mounted in recent weeks, as the death toll from Israel’s military offensive on the Palestinian territory nears 30,000, mostly women and children, according to the Gaza health ministry.