Israeli forces advance in southern Gaza, tanks in Rafah

An Israeli tank takes position in the background as displaced Palestinians evacuate from the northwestern outskirts of Rafah in the southern Gaza Strip on June 28, 2024. (AFP file photo)
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Updated 25 July 2024
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Israeli forces advance in southern Gaza, tanks in Rafah

  • Fighting in recent days has centered around the eastern towns of Bani Suaila, Al-Zanna, and Al-Karara
  • Diplomatic efforts by Arab mediators to conclude a ceasefire deal seem to be on hold

CAIRO: Israeli forces advanced deeper into some towns on the eastern side of Khan Younis in southern Gaza on Thursday, hours after Israeli Prime Minister Benjamin Netanyahu told US lawmakers he was actively engaged in bringing hostages home.
Fighting in recent days has centered around the eastern towns of Bani Suaila, Al-Zanna, and Al-Karara, where the army said on Wednesday it had found the bodies of five Israelis who were killed in Hamas’ Oct. 7 attack on Israel and held in Gaza since.
Hamas militants took more than 250 hostages in the early morning raid into southern Israel and killed 1,200 people, according to Israeli tallies.
Israel retaliated by vowing to eradicate Hamas in Gaza in a nine-month war that has killed more than 39,000 Palestinians, Gaza health officials say.
Several were wounded in the eastern towns during Israeli tank and aerial shelling, while an airstrike east of Khan Younis killed four people, Palestinian health officials said.
Israeli bombardment intensified in several areas in Rafah, near the border with Egypt, as tanks operated north, west and in the town center, residents and medics said. Several Palestinians were also wounded in Israeli fire earlier on Thursday.
The Israeli military said forces operating in Khan Younis killed dozens of militants and dismantled around 50 military infrastructures, while it continued activities in Rafah, killing two militants.
In a speech to the US Congress, Netanyahu said his government was actively involved in seeking the release of remaining hostages and was confident they would succeed.
DISAPPOINTING SPEECH
Hamas described the comments by Netanyahu as “pure lies” accusing him of thwarting efforts to end the war.
Netanyahu’s comments also disappointed many displaced Palestinians who had hoped for a clearer signal of an imminent end to the fighting, which has laid the overcrowded enclave to waste and created a humanitarian crisis.
“It was depressing, he didn’t even mention ceasefire at all, not even once,” said Tamer Al-Burai, a resident of Gaza City, now displaced in Deir Al-Balah in the central Gaza Strip.
“People awaited some surprise, a ceasefire announcement by Netanyahu as a gift to (US President Joe) Biden, but they slept with much disappointment, as Netanyahu said he was determined to pursue war,” Burai said via a chat app.
Deir Al-Balah, where tanks haven’t yet invaded, is currently overcrowded with hundreds of thousands of Palestinians, displaced from other areas of the enclave, home to 2.3 million people.
“Netanyahu spoke in a play, he spoke to clowns,” said Burai.
Diplomatic efforts by Arab mediators, backed by the United States, to conclude a ceasefire deal, seemed to be on hold, as Israel was expected to send a delegation for more talks next week.
In northern Gaza, an Israeli air strike on a house in the Sheikh Radwan suburb killed four people, medics said, while seven Palestinians arrived at a hospital in central Gaza who had been detained by Israeli forces and released in an area close to the border.


Syria’s growth accelerates as sanctions ease, refugees return

Updated 06 December 2025
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Syria’s growth accelerates as sanctions ease, refugees return

  • Economy grows much faster than World Bank’s 1% estimate, fueling plans for currency’s relaunch

NEW YORK: Syria’s economy is growing much faster than the World Bank’s 1 percent estimate for 2025 as refugees flow back after the end of a 14-year civil war, fueling plans for the relaunch of the country’s currency and efforts to build a new Middle East financial hub, central bank Governor AbdulKader Husrieh has said.

Speaking via video link at a conference in New York, Husrieh also said he welcomed a deal with Visa to establish digital payment systems and added that the country is working with the International Monetary Fund to develop methods to accurately measure economic data to reflect the resurgence. 

The Syrian central bank chief, who is helping guide the war-torn country’s reintegration into the global economy after the fall of Bashar Assad’s regime about a year ago, described the repeal of many US sanctions against Syria as “a miracle.”

The US Treasury on Nov. 10 announced a 180-day extension of the suspension of the so-called Caesar sanctions against Syria; lifting them entirely requires approval by the US Congress. 

Husrieh said that based on discussions with US lawmakers, he expects the sanctions to be repealed by the end of 2025, ending “the last episode of the sanctions.”

“Once this happens, this will give comfort to our potential correspondent banks about dealing with Syria,” he said.

Husrieh also said that Syria was working to revamp regulations aimed at combating money laundering and the financing of terrorism, which he said would provide further assurances to international lenders. 

Syria’s central bank has recently organized workshops with banks from the US, Turkiye, Jordan and Australia to discuss due diligence in reviewing transactions, he added.

Husrieh said that Syria is preparing to launch a new currency in eight note denominations and confirmed plans to remove two zeroes from them in a bid to restore confidence in the battered pound.

“The new currency will be a signal and symbol for this financial liberation,” Husrieh said. “We are glad that we are working with Visa and Mastercard,” Husrieh said.