Search Site

TAQA Q1 net income $571m

Net income fell $2.58bn due to one-off items recognized in 2023.

QatarEnergy buys stake in Egypt blocks

It did not disclose the cost of the agreement.

TSMC’s April revenue up 60%

It capitalized on huge wave of demand for chips used in AI hardware.

Etihad reports record Q1 profit

Total revenue increased by $269 million in the same period.

Aramco Q1 profit down 14.5%

Despite lower profit, it will pay $31bn in dividends to Saudi government.

Hamas says ‘ball is completely’ in Israel’s hands in Gaza truce talks

Protesters face police as three pro-Palestinian protesters (hidden) block the entrance of a parking garage at the Stata Center at Massachusetts Institute of Technology (MIT) in Cambridge, Massachusetts, on May 9, 2024. AFP
  • State-linked Egyptian outlet Al-Qahera News reported Thursday that representatives of both camps left Cairo after two days of negotiations
  • Efforts by Egypt and other mediators, namely Qatar and the United States, "continue to bring the points of view of the two parties closer together", the outlet added

Cairo, Egypt – Palestinian group Hamas said early Friday that its delegation attending Gaza ceasefire negotiations in Cairo had left the city for Qatar, adding the “ball is now completely” in Israel’s hands.

“The negotiating delegation left Cairo heading to Doha. In practice, the occupation (Israel) rejected the proposal submitted by the mediators and raised objections to it on several central issues,” the group said in a message to other Palestinian factions, adding it stood by the proposal.

“Accordingly, the ball is now completely in the hands of the occupation.”

State-linked Egyptian outlet Al-Qahera News reported Thursday that representatives of both camps left Cairo after two days of negotiations aimed at finalizing a ceasefire deal in the seven-month war in the Gaza Strip.

Efforts by Egypt and other mediators, namely Qatar and the United States, “continue to bring the points of view of the two parties closer together”, the outlet added, citing a high-level Egyptian source.

Hamas said Monday that it had accepted a ceasefire proposal put forward by mediators.

The deal, the group said, involved a withdrawal of Israeli forces from Gaza, the return of Palestinians displaced by the war, and the exchange of hostages held by fighters for Palestinian captives detained in Israel, with the aim of a “permanent ceasefire”.

Netanyahu’s office at the time called the proposal “far from Israel’s essential demands”, but said the government would still send negotiators to Cairo.

Israel has long been resistant to the idea of a permanent ceasefire, insisting it must finish the job of dismantling Hamas.