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Israel and Hamas have reached a deal for a ceasefire in Gaza and the release of hostages held by the militant group, mediators announced on Wednesday night, bringing hope for an end to a war that has killed tens of thousands of Palestinians, destroyed the territory and threatened to start a wider regional conflict.
"Qatar, Egypt and US's efforts succeeded in securing ceasefire deal in Gaza," Qatar's Prime Minister Sheikh Mohammed bin Abdulrahman, said at a news conference in Doha, where mediators from the three countries, along with Hamas and Israeli negotiators, were involved in the latest push for a deal. The ceasefire will take effect on January 19, said Sheikh Mohammed, who has been as his nation's chief mediator.
"The two belligerents in the Gaza Strip have reached a deal on the prisoner and the hostage swap, and [the mediators] announce a ceasefire in the hopes of reaching a permanent ceasefire between the two sides."
All eyes will be on whether Israel decides to strike Gaza in the next two days, claiming it is targeting the remnants of Hamas.
But news of the agreement sparked an outpouring of joyful relief in Gaza.
"Thank God that we have lived to see this moment," said Reem Al Shoubaki, 29, from Gaza City's Al Daraj district. 'But our hearts ache for those who have lost family and children in this brutal war."
A visibly relieved US President Joe Biden said the negotiations to reach a Gaza ceasefire had been some of the "toughest" of his career.
"I'm deeply satisfied this day has come, finally come," he said in a televised statement.
Israeli President Isaac Herzog gave a cautious welcome to the announcement of the deal. "I say in the clearest terms: This is the right move," he said. "This deal ... will bring with it deeply painful, challenging and harrowing moments," he added, alluding to domestic opposition to the agreement.
Hamas said the ceasefire was the "result of the legendary steadfastness of our great Palestinian people and our valiant resistance in the Gaza Strip".
The US, Egypt and Qatar have spent the past year trying to broker an agreement to pause the fighting and secure the release of the hostages captured by Hamas on October 7, 2023, during an attack on southern Israel that killed around 1,200 people. Nearly 100 of the around 250 people kidnapped by Hamas are still being held in Gaza and the Israeli military believes at least a third of those are dead.
The attack sparked an Israeli response that has to date killed more than 46,700 people and injured over twice that number, according to Gaza's health authorities. Most of the Palestinian enclave's 2.3 million people have been displaced and huge areas of built-up regions reduced to rubble. Dozens are still being killed daily in Gaza.
The announcement of a deal follows 15 months of war that has significantly altered the political and military landscape in the Middle East. The Gaza conflict sparked another war in Lebanon, drew Iran into an exchange of direct attacks with Israel and prompted Tehran's proxy in Yemen, the Houthis, to attack shipping in the Red Sea, disrupting global trade.
The deal provides for an initial six-week truce during which Hamas will release 33 Israeli hostages in exchange for a number of Palestinian detainees held in Israeli jails, Sheikh Mohammed said.
Also during the 42-day truce, Israeli forces will withdraw eastward away from densely populated residential areas to positions alongside the Palestinian side of the Gaza-Israel border.
The deal also provides for the the return home of Palestinians displaced by the war, and enabling the departure of the sick and wounded to receive treatment abroad, Sheikh Mohammed said.
The first phase also involves the large-scale delivery and distribution of humanitarian assistance in Gaza, as well as the rehabilitation of hospitals, health centres and bakeries. It also includes the entry of machinery to remove rubble, fuel and a large number of caravans and tents to house those who have lost their homes as a result of the war.
Sheikh Mohammed said the mediators will remain "in constant and continuous contact" with Israel and Hamas for the exchange of lists of hostages and Palestinian prisoners, and ensure that their release is carried out in a safe and smooth manner.
Negotiations over a second phase of the agreement will begin by the 16th day of the first phase and are expected to include the release of all remaining hostages, including Israeli male soldiers, a permanent ceasefire and the complete withdrawal of Israel from Gaza.
A third phase is expected to see the return of all remaining bodies of hostages and the start of Gaza's reconstruction, supervised by Egypt, Qatar and the UN.
The ceasefire agreement will first need to be approved by the government of Israeli Prime Minister Benjamin Netanyahu and his security cabinet. If successfully implemented, it will give Gaza its first respite from the fighting since a week-long truce in November 2023.
It will also bring to an end more than a year of fruitless efforts to reach a deal, with negotiations frequently faltering in the final stages. The process, however, was re-energised when Donald Trump won the US presidential election in November and after the president-elect repeatedly threatened there would be “hell to pay” if the hostages were not released before his January 20 inauguration.
Steve Witkoff, Mr Trump's nominated Middle East envoy, played a role in the final push for a deal, joining David Barnea, the director of Israel's Mossad spy agency, Ronen Bar, director of Israel's Shin Bet internal security, and Brett McGurk, the departing Middle East envoy for US President Joe Biden.
Singham Again
Director: Rohit Shetty
Stars: Ajay Devgn, Kareena Kapoor Khan, Ranveer Singh, Akshay Kumar, Tiger Shroff, Deepika Padukone
Rating: 3/5
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The biog
Name: Salvador Toriano Jr
Age: 59
From: Laguna, The Philippines
Favourite dish: Seabass or Fish and Chips
Hobbies: When he’s not in the restaurant, he still likes to cook, along with walking and meeting up with friends.
Building boom turning to bust as Turkey's economy slows
Deep in a provincial region of northwestern Turkey, it looks like a mirage - hundreds of luxury houses built in neat rows, their pointed towers somewhere between French chateau and Disney castle.
Meant to provide luxurious accommodations for foreign buyers, the houses are however standing empty in what is anything but a fairytale for their investors.
The ambitious development has been hit by regional turmoil as well as the slump in the Turkish construction industry - a key sector - as the country's economy heads towards what could be a hard landing in an intensifying downturn.
After a long period of solid growth, Turkey's economy contracted 1.1 per cent in the third quarter, and many economists expect it will enter into recession this year.
The country has been hit by high inflation and a currency crisis in August. The lira lost 28 per cent of its value against the dollar in 2018 and markets are still unconvinced by the readiness of the government under President Recep Tayyip Erdogan to tackle underlying economic issues.
The villas close to the town centre of Mudurnu in the Bolu region are intended to resemble European architecture and are part of the Sarot Group's Burj Al Babas project.
But the development of 732 villas and a shopping centre - which began in 2014 - is now in limbo as Sarot Group has sought bankruptcy protection.
It is one of hundreds of Turkish companies that have done so as they seek cover from creditors and to restructure their debts.
LIVERPOOL SQUAD
Alisson Becker, Virgil van Dijk, Georginio Wijnaldum, James Milner, Naby Keita, Roberto Firmino, Sadio Mane, Mohamed Salah, Joe Gomez, Adrian, Jordan Henderson, Alex Oxlade-Chamberlain, Adam Lallana, Andy Lonergan, Xherdan Shaqiri, Andy Robertson, Divock Origi, Curtis Jones, Trent Alexander-Arnold, Neco Williams
Blonde
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COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
2018 ICC World Twenty20 Asian Western Regional Qualifier
The top three teams progress to the Asia Qualifier
Final: UAE beat Qatar by nine wickets
Third-place play-off: Kuwait beat Saudi Arabia by five runs
Table
1 UAE 5 5 0 10
2 Qatar 5 4 1 8
3 Saudi 5 3 2 6
4 Kuwait 5 2 3 4
5 Bahrain 5 1 4 2
6 Maldives 5 0 5 0
The years Ramadan fell in May
The specs
Engine: 2.0-litre 4-cyl, 48V hybrid
Transmission: eight-speed automatic
Power: 325bhp
Torque: 450Nm
Price: Dh359,000
On sale: now
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The Old Slave and the Mastiff
Patrick Chamoiseau
Translated from the French and Creole by Linda Coverdale
What drives subscription retailing?
Once the domain of newspaper home deliveries, subscription model retailing has combined with e-commerce to permeate myriad products and services.
The concept has grown tremendously around the world and is forecast to thrive further, according to UnivDatos Market Insights’ report on recent and predicted trends in the sector.
The global subscription e-commerce market was valued at $13.2 billion (Dh48.5bn) in 2018. It is forecast to touch $478.2bn in 2025, and include the entertainment, fitness, food, cosmetics, baby care and fashion sectors.
The report says subscription-based services currently constitute “a small trend within e-commerce”. The US hosts almost 70 per cent of recurring plan firms, including leaders Dollar Shave Club, Hello Fresh and Netflix. Walmart and Sephora are among longer established retailers entering the space.
UnivDatos cites younger and affluent urbanites as prime subscription targets, with women currently the largest share of end-users.
That’s expected to remain unchanged until 2025, when women will represent a $246.6bn market share, owing to increasing numbers of start-ups targeting women.
Personal care and beauty occupy the largest chunk of the worldwide subscription e-commerce market, with changing lifestyles, work schedules, customisation and convenience among the chief future drivers.
Other workplace saving schemes
- The UAE government announced a retirement savings plan for private and free zone sector employees in 2023.
- Dubai’s savings retirement scheme for foreign employees working in the emirate’s government and public sector came into effect in 2022.
- National Bonds unveiled a Golden Pension Scheme in 2022 to help private-sector foreign employees with their financial planning.
- In April 2021, Hayah Insurance unveiled a workplace savings plan to help UAE employees save for their retirement.
- Lunate, an Abu Dhabi-based investment manager, has launched a fund that will allow UAE private companies to offer employees investment returns on end-of-service benefits.
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