Blinken optimistic of Gaza truce 'in next two weeks' as Hamas and Israel remain at odds over terms


Hamza Hendawi
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US Secretary of State Antony Blinken said on Monday that Washington wanted to see a ceasefire deal in Gaza concluded and the hostages freed in the next two weeks.

But sources told The National that Israel and Hamas remain at odds, despite a renewed bid under way in Qatar to broker a deal.

“We very much want to bring this over the finish line in the next two weeks, the time we have remaining,” Mr Blinken told a news conference in South Korea.

The renewed push to reach a deal to pause the 15-month Gaza war between Israel and Hamas comes as US President-elect Donald Trump prepares to take office on January 20. He has said that there will be “hell to pay” if the hostages were not released by the time he takes over the presidency from Joe Biden.

It also comes amid a surge in Israeli military action in Gaza, where 105 people were killed in air strikes over the weekend, according to Palestinian medics. Israel's military said it had killed dozens of militants.

Speaking on Monday, the sources, who are familiar with the negotiations, said mediators from the US, Qatar and Egypt were trying to narrow the gap between Israel and Hamas over the details and mechanism of releasing the hostages held by Hamas and other militant groups in exchange for Palestinians held in Israeli jails.

Hamas on Sunday provided several regional and international news outlets with the names of 34 Israeli hostages it had approved for release, as part of a deal that could eventually lead to a permanent ceasefire. However, the list did provide a breakdown of who among the 34 hostages was still alive, according to the sources.

Israeli Prime Minister Benjamin Netanyahu's office said Hamas had not provided a hostage list.

Smoke billows above the Gaza Strip during Israel attacks on Sunday that killed about 30 people across the territory, according to local health officials. Reuters
Smoke billows above the Gaza Strip during Israel attacks on Sunday that killed about 30 people across the territory, according to local health officials. Reuters

Hamas and the other groups are believed to be holding around 100 Israeli and other hostages. The Israeli military says about a third of them have died in captivity, but the sources claimed that fewer than that number have perished. However, they did not give precise figures.

Senior Israeli negotiators were dispatched over the weekend to Doha where they joined Hamas officials and US, Qatari and Egyptian mediators in the Qatari capital.

Hamas said on Friday it was committed to reaching an agreement as soon as possible. A Hamas official told Reuters any agreement to return Israeli hostages would hinge on a deal for Israel to withdraw from Gaza and a permanent ceasefire or end to the war.

“However, until now, the occupation continues to be obstinate over an agreement over the issues of the ceasefire and withdrawal, and has made no step forward,” said the official.

Mr Netanyahu has consistently said the war will end only when Hamas is fully eradicated.

Amr Abu Hashem, dressed as Santa Claus, sits with a Palestinian family on the roof of their destroyed home in Khan Younis, southern Gaza, on Sunday. EPA
Amr Abu Hashem, dressed as Santa Claus, sits with a Palestinian family on the roof of their destroyed home in Khan Younis, southern Gaza, on Sunday. EPA

Hamas, according to the sources, wants to free the hostages one by one, every other day, and has resisted Israeli demands for a list of names of all captives held in Gaza. It is also demanding that Israeli forces retreat to the margins of the Strip, closer to the Israeli border, during the release of captives.

Israel, for its part, is insisting that displaced Palestinians in Gaza can return to the north of the coastal enclave only if they agree to a security screening carried out by its military and intelligence agents.

The sources said Hamas has agreed in principle to a temporary ceasefire of up to 40 or 60 days and dropped its demand for a written guarantee from mediators that Israel will continue talks until a permanent ceasefire is reached, making do with verbal assurances.

A senior Hamas official told The National on Friday that “optimism is greater this time compared to before” in the negotiations in Qatar, after the sources said there was significant progress in the latest round.

“We are going into details, including the names of the prisoners and the specific withdrawal areas, and there is more seriousness than before,” the official said.

However, the official said he does not expect “a quick agreement now. The belief is that the Israelis want to present the agreement as a gift to Trump, two days before his inauguration, or two days after his inauguration, and not to Biden.”

Israeli demonstrators outside the Prime Minister's office in Jerusalem hold placards of hostages held in Gaza, in a protest calling for their release. AP
Israeli demonstrators outside the Prime Minister's office in Jerusalem hold placards of hostages held in Gaza, in a protest calling for their release. AP

Israel has also tentatively agreed in the Qatar talks to a gradual withdrawal from a narrow strip of land that runs the length of Egypt’s border with Gaza on the Palestinian side, which includes Rafah, the only crossing that is not controlled by Israel, the sources added.

Israel captured the area known as the Philadelphi Corridor, in May, a move that has deeply angered Egypt, which responded by closing its side of the crossing.

Egypt, which signed a peace treaty with Israel in 1979, has interpreted the Israeli action as a breach of that accord and subsequent agreements.

The sources have said the main hurdle to reaching a deal is that Hamas is convinced that Israel will resume its military operations after all the hostages are freed and the temporary truce ends. The group's leadership also believes that Israel has no intention of fully withdrawing from the enclave, they added.

The Israel-Gaza war was sparked by an attack by Hamas-led militants on communities in southern Israel on October 7, 2023. They killed about 1,200 people and took 250 hostages.

Israel responded with air strikes and a ground offensive in Gaza that has killed more than 45,800 Palestinians and injured more than twice that number, according to the Gaza Health Ministry. The conflict has also displaced the majority of Gaza's 2.3 million residents and razed much of the enclave's built-up areas.

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AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street

The seven points are:

Shakhbout bin Sultan Street

Dhafeer Street

Hadbat Al Ghubainah Street (outbound)

Salama bint Butti Street

Al Dhafra Street

Rabdan Street

Umm Yifina Street exit (inbound)

The Florida Project

Director: Sean Baker

Starring: Bria Vinaite, Brooklynn Prince, Willem Dafoe

Four stars

The bio

Academics: Phd in strategic management in University of Wales

Number one caps: His best-seller caps are in shades of grey, blue, black and yellow

Reading: Is immersed in books on colours to understand more about the usage of different shades

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Cars: Loves exotic cars and currently drives a Bentley Bentayga

Holiday: Favourite travel destinations are London and St Tropez

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

Profile

Company: Justmop.com

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Sector: Technology and home services

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Funding:  The company’s investors include Collective Spark, Faith Capital Holding, Oak Capital, VentureFriends, and 500 Startups. 

Scores

New Zealand 266 for 9 in 50 overs
Pakistan 219 all out in 47.2 overs 

New Zealand win by 47 runs

LAST-16 FIXTURES

Sunday, January 20
3pm: Jordan v Vietnam at Al Maktoum Stadium, Dubai
6pm: Thailand v China at Hazza bin Zayed Stadium, Al Ain
9pm: Iran v Oman at Mohamed bin Zayed Stadium, Abu Dhabi

Monday, January 21
3pm: Japan v Saudi Arabia at Sharjah Stadium
6pm: Australia v Uzbekistan at Khalifa bin Zayed Stadium, Al Ain
9pm: UAE v Kyrgyzstan at Zayed Sports City Stadium, Abu Dhabi

Tuesday, January 22
5pm: South Korea v Bahrain at Rashid Stadium, Dubai
8pm: Qatar v Iraq at Al Nahyan Stadium, Abu Dhabi

THE BIO:

Sabri Razouk, 74

Athlete and fitness trainer 

Married, father of six

Favourite exercise: Bench press

Must-eat weekly meal: Steak with beans, carrots, broccoli, crust and corn

Power drink: A glass of yoghurt

Role model: Any good man

Scoreline

Liverpool 4

Oxlade-Chamberlain 9', Firmino 59', Mane 61', Salah 68'

Manchester City 3

Sane 40', Bernardo Silva 84', Gundogan 90' 1

Fight card
  • Aliu Bamidele Lasisi (Nigeria) beat Artid Vamrungauea (Thailand) POINTS
  • Julaidah Abdulfatah (Saudi Arabia) beat Martin Kabrhel (Czech Rep) POINTS
  • Kem Ljungquist (Denmark) beat Mourad Omar (Egypt) TKO
  • Michael Lawal (UK) beat Tamas Kozma (Hungary) KO​​​​​​​
  • Zuhayr Al Qahtani (Saudi Arabia) beat Mohammed Mahmoud (UK) POINTS
  • Darren Surtees (UK) beat Kane Baker (UK) KO
  • Chris Eubank Jr (UK) beat JJ McDonagh (Ireland) TKO
  • Callum Smith (UK) beat George Groves (UK) KO
Abu Dhabi GP weekend schedule

Friday

First practice, 1pm 
Second practice, 5pm

Saturday

Final practice, 2pm
Qualifying, 5pm

Sunday

Etihad Airways Abu Dhabi Grand Prix (55 laps), 5.10pm

MATCH INFO

England 241-3 (20 ovs)

Malan 130 no, Morgan 91

New Zealand 165 all out (16.5ovs)

Southee 39, Parkinson 4-47

England win by 76 runs

Series level at 2-2

RESULT

Uruguay 3 Russia 0
Uruguay:
 Suárez (10'), Cheryshev (23' og), Cavani (90')
Russia: Smolnikov (Red card: 36')

Man of the match: Diego Godin (Uruguay)

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0-200kph in 5.5 seconds

0-300kph in 11.8 seconds

Top speed: 350kph

Price: Dh13,600,000

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Australia men's Test cricket fixtures 2021/22

One-off Test v Afghanistan:
Nov 27-Dec 1: Blundstone Arena, Hobart

The Ashes v England:
Dec 8-12: 1st Test, Gabba, Brisbane
Dec 16-20: 2nd Test, Adelaide Oval, Adelaide (day/night)
Dec 26-30: 3rd Test, Melbourne Cricket Ground, Melbourne
Jan 5-9, 2022: 4th Test, Sydney Cricket Ground, Sydney
Jan 14-18: 5th Test, Optus Stadium, Perth

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Law%2041.9.4%20of%20men%E2%80%99s%20T20I%20playing%20conditions
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

Labour dispute

The insured employee may still file an ILOE claim even if a labour dispute is ongoing post termination, but the insurer may suspend or reject payment, until the courts resolve the dispute, especially if the reason for termination is contested. The outcome of the labour court proceedings can directly affect eligibility.


- Abdullah Ishnaneh, Partner, BSA Law 

Updated: January 07, 2025, 6:58 AM