Aid enters Gaza through Israel’s Kerem Shalom crossing for first time in war

Palestinian Red Crescent workers transport aid, amid the ongoing conflict between Israel and Hamas, in Khan Younis, Gaza. (Reuters)
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Updated 17 December 2023
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Aid enters Gaza through Israel’s Kerem Shalom crossing for first time in war

  • The crossing had been closed after an Oct. 7 attack by Hamas and aid was being delivered solely through Gaza’s Rafah crossing with Egypt

JERUSALEM: The Kerem Shalom crossing between Israel and Gaza opened on Sunday for aid trucks for the first time since the outbreak of the war, officials said, a move intended to double the amount of food and medicine reaching the enclave.
The crossing had been closed after an Oct. 7 attack by Hamas and aid was being delivered solely through Gaza’s Rafah crossing with Egypt, which Israel said could only accommodate the entry of 100 trucks per day.
Two sources in the Egypt Red Crescent told Reuters that trucks were starting to enter on Sunday through the Kerem Shalom crossing on their way into Gaza. One said there were 79 trucks.
Kerem Shalom, on the border of Egypt, Israel and Gaza, is one of the main transit points for goods in and out of Gaza, allowing much faster transit than the Rafah passenger crossing a few kilometers away.
Israel approved the entry of aid last week.
“Starting today (Dec.17), UN aid trucks will undergo security checks and be transferred directly to Gaza via Kerem Shalom, to abide by our agreement with the US,” COGAT, the branch of military which coordinated humanitarian aid with the Palestinian territories, said in a statement.
The prime minister’s office has previously said this would allow Israel to maintain its commitments to permit the entry of 200 trucks of aid per day, agreed upon in a hostage deal brokered and implemented last month.
Asked if aid had crossed into Gaza, an Israeli official said yes.
Israel had already agreed to allow trucks to be inspected at Kerem Shalom but the trucks had previously been obliged to return to Rafah, to cross into Gaza from Egypt and aid groups had been calling for them to be allowed in directly.
As Israel’s campaign in Gaza has gathered pace, the humanitarian situation in the besieged enclave has worsened dramatically with the United Nations and other world bodies warning of severe shortages of food, clean water and medicines.


Syria announces new currency framework, 2-zero redenomination

Updated 29 December 2025
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Syria announces new currency framework, 2-zero redenomination

  • Under the plan, every 100 Syrian pounds will be converted into one unit of the new Syrian Arab Republic’s pound
  • Governor calls move ‘pivotal milestone within a comprehensive strategy’

DAMASCUS: Syria’s Central Bank announced executive instructions on Sunday to introduce a new Syrian currency, launching a monetary reform that includes removing two zeros from the pound and allowing a 90-day period of dual circulation.

The announcement was made during a press conference at the bank’s headquarters in Damascus.

Central Bank Gov. Abdulkader Husrieh said the step was part of a comprehensive institutional strategy to restore confidence and achieve sustainable economic stability.

He said: “The launch of the new currency is not a formal measure, but a pivotal milestone within a comprehensive strategy based on solid institutional foundations.”

Under the plan, every 100 Syrian pounds will be converted into one unit of the new Syrian Arab Republic’s pound. The old and new currencies will circulate together for 90 days, a period which may be extended.

All bank balances will be converted to the new currency at the beginning of next year, while the overall money supply will be maintained without increase or reduction.

An employee at a currency exchange shop stacks Syrian bills at a shop in Damascus. The old currency is expected to be taken out of the market in the next few months. (AFP file photo)

Husrieh said the economic strategy was based on five pillars: monetary stability, a stable and transparent foreign-exchange market, effective and accountable financial institutions, secure digital transformation, and balanced international economic relations.

He said the move required updating financial laws and regulations, improving data systems, keeping pace with global digital developments, and ensuring sustainable financing and training for the financial sector.

The currency exchange will be provided free of charge, with no commissions, fees, or taxes.

All public and private entities must apply the official conversion standard to prices, salaries, wages, and financial obligations. Official exchange-rate bulletins will be issued in both currencies to ensure transparency and prevent speculation.

The governor said the central bank was closely monitoring markets to stabilize the exchange rate and would supply Syrian pounds if demand for foreign currency rises, adding that citizens will feel the impact more clearly after the exchange process is completed.

“Our policy is financial discipline, with no room for inflation,” Husrieh added.

He confirmed that the decree regulating the exchange limits the process to Syrian territory, and said the measures fell within the bank’s 2026-2030 strategy to align with international standards.

The new banknotes, he added, were being printed by leading international companies to prevent counterfeiting.