Egypt Financial News

Subscribe to enjoy similar stories. Israel’s military is expanding its ground operations across the Gaza Strip, with troops operating in key locations across the enclave in an effort to pressure Hamas as talks to stop the fighting and release more hostages have stalled. Israeli troops pressed into the northern Gaza border town of Beit Hanoun on Saturday to lay the groundwork for expanding Israel’s security buffer, a several-hundred-meter-wide zone the military has carved out within Gaza that spans its border with Israel.

Hamas said on Friday it agreed to release an American-Israeli dual national, believed to be the last living American hostage held in Gaza, after receiving a proposal from mediators to continue negotiations on the second phase of a ceasefire deal. Hamas said in a statement that it responded «positively» to the proposal that was presented on Thursday to resume negotiations. It will also release the bodies of four other dual nationality hostages, it said without giving further details. There was no immediate comment from Israel. Meetings between Hamas leaders and U.S. hostage negotiator Adam Boehler in recent days sought the release of Edan Alexander, a 21-year-old man from New Jersey, who served as a soldier with the Israeli military.

«The plan shows a realistic path to the reconstruction of Gaza and promises — if implemented — swift and sustainable improvement of the catastrophic living conditions for the Palestinians living in Gaza,» the ministers said in a joint statement. The plan, which was drawn up by Egypt and adopted by Arab leaders on Tuesday, has been rejected by Israel and by U.S. President Donald Trump, who has presented his own vision to turn the Gaza Strip into a «Middle East Riviera».

Trump to empty the Gaza Strip of its Palestinian population and backed a plan for an administrative committee of Palestinians to govern the territory to allow reconstruction to go ahead. The foreign ministers gathered in the Saudi city of Jeddah for a special session of the Organization of Islamic Cooperation to address the situation in Gaza, at a time when the 7-week-old ceasefire between Israel and Hamas has been thrown into doubt. In a statement put out Saturday, the gathering threw its support behind a plan to rebuild Gaza put forward by Egypt and backed by Arab states, including Saudi Arabia and Jordan, aimed at countering Trump's call. The OIC groups 57 nations with largely Muslim populations.

External Affairs Minister Dr S Jaishankar, currently on a visit to the United Kingdom, has addressed key global economic issues, including the role of the US dollar, BRICS' position on de-dollarisation, and the internationalisation of the Indian rupee. Speaking at Chatham House in London, he dismissed speculation that India is working to replace the US dollar as the world’s primary reserve currency. «I don't think there's any policy on our part to replace the dollar. As I said, at the end of the day, the dollar as the reserve currency is the source of international economic stability, and right now, what we want in the world is more economic stability, not less,» he said.

United States President Donald Trump’s threatened steel tariffs that don’t kick in for two weeks are impacting U.S. buyers who already are seeing American-made metal cost more than imports.

The agency is implementing strict profiling measures for passengers heading to 15 countries such as Saudi Arabia, Iran, Iraq, Turkiye, Qatar, Azerbaijan, Kuwait, Kyrgyzstan, Russia, Egypt, Libya, Ethiopia, Senegal, Mauritania, and Kenya. According to a report submitted to the Lahore High Court (LHC) regarding a petition from a pilgrim denied travel to Saudi Arabia for Umrah, the FIA stated that travelers must possess a clear travel purpose, confirmed hotel bookings, and adequate financial resources. The FIA also mentioned that those traveling for Umrah should have sufficient religious understanding, as reported by Dawn.

origins of life on Earth.

Egypt will host a summit of Arab nations on February 27 to discuss «the latest serious developments» concerning the Palestinian territories, its foreign ministry said in a statement on Sunday.

Saudi Arabia has announced a significant visa policy change affecting travelers from 14 countries, including India. The government will now issue only single-entry visas for tourism, business, and family visits, suspending the previous one-year multiple-entry visas indefinitely.

Melania Trump and the president's daughter Ivanka Trump had promoted USAID's work in developing countries during the first term of the Trump administration, as per a report.

Subscribe to enjoy similar stories. Even by his own standards, US President Donald Trump’s announcement on Gaza this week was a head-spinner. America, he said, would take over that war-ravaged strip of land, move its 2-million-odd people out, secure it with US troops if necessary, and then build a grand “Riviera of the Middle East" by the Mediterranean Sea where anybody from around the world could eventually come and live.

Israel says it has begun preparations for the departure of Palestinians from Gaza despite international rejection of President Donald Trump’s plan to empty the territory of its population. Egypt has launched a diplomatic blitz behind the scenes against the proposal, warning it would put its peace deal with Israel at risk, officials said.The Trump administration has already dialed back aspects of the proposal after it was widely rejected internationally, saying the relocation of Palestinians would be temporary.

Gaza becomes Gurgaon? Donald Trump is trying something different in the world's most devastated piece of real estate. He wants to uproot Gaza and create a real estate Palms Jumeirah or a West Asian version of the French Riviera. In effect, his plan is to junk the one- or two-state solution to the Palestine problem by proposing a real estate solution.

Netanyahu, U.S. President Donald Trump proposed relocating Palestinians from Gaza to other countries, arguing that they would prefer to leave rather than return to a war-torn region.

Subscribe to enjoy similar stories. Hamas militants stood guard Saturday ahead of a hostage handover in Khan Younis, Gaza. Hamas released two more Israeli hostages in a relatively subdued procession Saturday, after a chaotic handover earlier in the week sparked an outcry that threatened to snarl the Gaza cease-fire deal.

Subscribe to enjoy similar stories. President Trump has repeatedly said he wants Palestinians in Gaza to move out of the devastated enclave and into neighboring Egypt and nearby Jordan. The Arab world is pushing back, ostensibly because it would undermine efforts to create a Palestinian state.

US Secretary of State Marco Rubio on Tuesday widened exemptions in a sweeping freeze on foreign assistance, saying the United States would keep funding humanitarian items such as shelter and medicine.

Donald Trump on Monday reiterated his desire to move Palestinians from Gaza to «safer» locations such as Egypt or Jordan, and said he would meet with Israeli Prime Minister Benjamin Netanyahu in Washington «very soon.»