Palestine welcomes UN resolution as key step toward recognition of statehood

Mahmoud Abbas, President of the State of Palestine, speaks during the United Nations General Assembly. (File/AFP)
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Updated 18 November 2025
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Palestine welcomes UN resolution as key step toward recognition of statehood

  • Palestinian officials urged the immediate implementation of the resolution, stressing the need to restore normal life in Gaza

DUBAI: The State of Palestine on Tuesday welcomed the UN Security Council’s adoption of a US-drafted resolution on Gaza, saying it reaffirms the Palestinian people’s right to self-determination and an independent state.

It described the resolution as an important step toward securing a permanent and comprehensive ceasefire and ensuring unimpeded humanitarian aid.

In a statement, Palestinian officials urged the immediate implementation of the resolution, stressing the need to restore normal life in Gaza, protect civilians, prevent displacement and secure the full withdrawal of Israeli forces.

They said the resolution must also support reconstruction efforts, safeguard the two-state solution and stop any attempt at annexation.

The State of Palestine expressed readiness to work with the US administration, Security Council members, Arab and Islamic countries, the European Union, the United Nations and all partners involved in the New York Declaration.

Officials said such cooperation is essential to ending the suffering of Palestinians in Gaza, the West Bank, and East Jerusalem, while advancing a political path toward a just and lasting peace based on international law and the two-state framework.

Reaffirming its commitment to national unity, the State of Palestine said it stands prepared to assume full responsibilities in the Gaza Strip as part of a unified Palestinian state.

The statement also conveyed appreciation to countries that have pledged support for efforts to end the occupation and achieve Palestinian freedom and independence, calling the resolution an important step toward regional and global peace and stability.


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.