A Palestinian woman inspects her family's destroyed house following an Israeli air strike on Deir Al Balah refugee camp in central Gaza on Wednesday. EPA
A Palestinian woman inspects her family's destroyed house following an Israeli air strike on Deir Al Balah refugee camp in central Gaza on Wednesday. EPA
A Palestinian woman inspects her family's destroyed house following an Israeli air strike on Deir Al Balah refugee camp in central Gaza on Wednesday. EPA
A Palestinian woman inspects her family's destroyed house following an Israeli air strike on Deir Al Balah refugee camp in central Gaza on Wednesday. EPA

Hamas softens stance on truce terms as pressure mounts for Gaza ceasefire


Hamza Hendawi
  • English
  • Arabic

Live updates: Follow the latest on Israel-Gaza

Hamas has softened its stance on some of its core conditions for a ceasefire with Israel in Gaza, following an intensified push by mediators to reach a deal, sources close to the negotiations told The National on Saturday.

The sources said the latest proposals to pause the war provide for a 60-day truce during which Hamas will stagger the release of the remaining Israeli and other hostages it has held since October 2023, when its fighters attacked southern Israel, killing 1,200 people, kidnapping another 250 and triggering the 15-month-old Gaza war.

US President-elect Donald Trump's Middle East envoy Steve Witkoff was in Israel on Saturday to brief Prime Minister Benjamin Netanyahu on the state of negotiations.

Mr Witkoff flew to Israel a day after meeting Qatar's chief negotiator, Prime Minister Sheikh Mohammed bin Abdulrahman, to discuss "the latest developments in the region, especially the efforts aimed at reaching a ceasefire in the Gaza Strip", the Qatari Foreign Ministry said.

He was scheduled to meet Mr Netanyahu later on Saturday.

The Israeli Prime Minister's office on Saturday confirmed that Mr Netanyahu had ordered the head of Mossad and the Shin Bet intelligence agencies, as well as political adviser Ofir Falk, to go to Doha to help advance a possible deal for hostages.

American business tycoon Steve Witkoff, who is also President-elect Donald Trump's Middle East envoy, speaks to reporters at Mar-a-Lago in Palm Beach, Florida, on January 7. Reuters
American business tycoon Steve Witkoff, who is also President-elect Donald Trump's Middle East envoy, speaks to reporters at Mar-a-Lago in Palm Beach, Florida, on January 7. Reuters

US President Joe Biden, who leaves office later this month, said on Thursday that there had been "real progress" in the Gaza talks, while Mr Trump has repeatedly warned Hamas that there will be "hell to pay" if it does not free the remaining captives before his January 20 inauguration.

Hamas and other militant groups in Gaza are believed to be holding about 100 hostages. The Israeli military says about 40 of them have died in captivity, but the sources say fewer than that have actually perished.

They said Hamas will free three hostages every week in exchange for hundreds of Palestinians held in Israeli jails. It wants Israeli forces to redeploy outside urban centres during the release.

However, Hamas is refusing to meet Israel's demand for a list of all the hostages before the exchange begins. Israel also remains opposed to the release of several high-profile Palestinians sentenced to long terms on security-related charges, according to the sources.

Hamas has already agreed to an Israeli demand that the prisoners and their families leave the Palestinian territories and live in exile abroad upon their release.

The group is also now willing to accept verbal guarantees from the mediators – the United States, Qatar and Egypt – as well as Turkey that Israel will continue negotiations for a permanent ceasefire after the expiry of the proposed truce. It had previously demanded written guarantees.

Hamas has also agreed to put off resolving remaining differences with Israel to the second phase of the deal that commences at the expiry of the 60-day truce.

One of these is Israel's insistence on maintaining buffer zones in the eastern and northern fringes of Gaza, something that Hamas is said by the sources to be ready to tolerate for a time until resolved at a later date.

Palestinians gather to receive food being distributed along the roadside at the Nuseirat refugee camp in the central Gaza Strip on January 11. AFP
Palestinians gather to receive food being distributed along the roadside at the Nuseirat refugee camp in the central Gaza Strip on January 11. AFP

The latest push for a deal to end the war comes at a time when more than 46,000 Palestinians have been killed in Gaza and more than twice that number injured, according to figures from the Gaza health ministry. The majority of Gaza's 2.3 million people have also been displaced by the war, which has left large swathes of built-up areas reduced to rubble.

The only truce in the Gaza war was in late November 2023, when the guns were silenced for a week. During that truce, Hamas released about 100 hostages in exchange for several hundred Palestinian prisoners.

While you're here
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

Reading List

Practitioners of mindful eating recommend the following books to get you started:

Savor: Mindful Eating, Mindful Life by Thich Nhat Hanh and Dr Lilian Cheung

How to Eat by Thich Nhat Hanh

The Mindful Diet by Dr Ruth Wolever

Mindful Eating by Dr Jan Bays

How to Raise a Mindful Eaterby Maryann Jacobsen

Profile of Bitex UAE

Date of launch: November 2018

Founder: Monark Modi

Based: Business Bay, Dubai

Sector: Financial services

Size: Eight employees

Investors: Self-funded to date with $1m of personal savings

Key products and UAE prices

iPhone XS
With a 5.8-inch screen, it will be an advance version of the iPhone X. It will be dual sim and comes with better battery life, a faster processor and better camera. A new gold colour will be available.
Price: Dh4,229

iPhone XS Max
It is expected to be a grander version of the iPhone X with a 6.5-inch screen; an inch bigger than the screen of the iPhone 8 Plus.
Price: Dh4,649

iPhone XR
A low-cost version of the iPhone X with a 6.1-inch screen, it is expected to attract mass attention. According to industry experts, it is likely to have aluminium edges instead of stainless steel.
Price: Dh3,179

Apple Watch Series 4
More comprehensive health device with edge-to-edge displays that are more than 30 per cent bigger than displays on current models.

Punchy appearance

Roars of support buoyed Mr Johnson in an extremely confident and combative appearance

Tamkeen's offering
  • Option 1: 70% in year 1, 50% in year 2, 30% in year 3
  • Option 2: 50% across three years
  • Option 3: 30% across five years 

The Outsider

Stephen King, Penguin

25-MAN SQUAD

Goalkeepers: Francis Uzoho, Ikechukwu Ezenwa, Daniel Akpeyi
Defenders: Olaoluwa Aina, Abdullahi Shehu, Chidozie Awaziem, William Ekong, Leon Balogun, Kenneth Omeruo, Jamilu Collins, Semi Ajayi 
Midfielders: John Obi Mikel, Wilfred Ndidi, Oghenekaro Etebo, John Ogu
Forwards: Ahmed Musa, Victor Osimhen, Moses Simon, Henry Onyekuru, Odion Ighalo, Alexander Iwobi, Samuel Kalu, Paul Onuachu, Kelechi Iheanacho, Samuel Chukwueze 

On Standby: Theophilus Afelokhai, Bryan Idowu, Ikouwem Utin, Mikel Agu, Junior Ajayi, Valentine Ozornwafor

Moon Music

Artist: Coldplay

Label: Parlophone/Atlantic

Number of tracks: 10

Rating: 3/5

Superliminal%20
%3Cp%3EDeveloper%3A%20Pillow%20Castle%20Games%0D%3Cbr%3EPublisher%3A%20Pillow%20Castle%20Games%0D%3Cbr%3EConsole%3A%20PlayStation%204%26amp%3B5%2C%20Xbox%20Series%20One%20%26amp%3B%20X%2FS%2C%20Nintendo%20Switch%2C%20PC%20and%20Mac%0D%3Cbr%3ERating%3A%204%2F5%3C%2Fp%3E%0A
Omar Yabroudi's factfile

Born: October 20, 1989, Sharjah

Education: Bachelor of Science and Football, Liverpool John Moores University

2010: Accrington Stanley FC, internship

2010-2012: Crystal Palace, performance analyst with U-18 academy

2012-2015: Barnet FC, first-team performance analyst/head of recruitment

2015-2017: Nottingham Forest, head of recruitment

2018-present: Crystal Palace, player recruitment manager

 

 

 

 

Ain Issa camp:
  • Established in 2016
  • Houses 13,309 people, 2,092 families, 62 per cent children
  • Of the adult population, 49 per cent men, 51 per cent women (not including foreigners annexe)
  • Most from Deir Ezzor and Raqqa
  • 950 foreigners linked to ISIS and their families
  • NGO Blumont runs camp management for the UN
  • One of the nine official (UN recognised) camps in the region
La Mer lowdown

La Mer beach is open from 10am until midnight, daily, and is located in Jumeirah 1, well after Kite Beach. Some restaurants, like Cupagahwa, are open from 8am for breakfast; most others start at noon. At the time of writing, we noticed that signs for Vicolo, an Italian eatery, and Kaftan, a Turkish restaurant, indicated that these two restaurants will be open soon, most likely this month. Parking is available, as well as a Dh100 all-day valet option or a Dh50 valet service if you’re just stopping by for a few hours.
 

The Sand Castle

Director: Matty Brown

Stars: Nadine Labaki, Ziad Bakri, Zain Al Rafeea, Riman Al Rafeea

Rating: 2.5/5

Trump v Khan

2016: Feud begins after Khan criticised Trump’s proposed Muslim travel ban to US

2017: Trump criticises Khan’s ‘no reason to be alarmed’ response to London Bridge terror attacks

2019: Trump calls Khan a “stone cold loser” before first state visit

2019: Trump tweets about “Khan’s Londonistan”, calling him “a national disgrace”

2022:  Khan’s office attributes rise in Islamophobic abuse against the major to hostility stoked during Trump’s presidency

July 2025 During a golfing trip to Scotland, Trump calls Khan “a nasty person”

Sept 2025 Trump blames Khan for London’s “stabbings and the dirt and the filth”.

Dec 2025 Trump suggests migrants got Khan elected, calls him a “horrible, vicious, disgusting mayor”

German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

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.”

PSL FINAL

Multan Sultans v Peshawar Zalmi
8pm, Thursday
Zayed Cricket Stadium, Abu Dhabi

MATCH INFO

Uefa Champions League final:

Who: Real Madrid v Liverpool
Where: NSC Olimpiyskiy Stadium, Kiev, Ukraine
When: Saturday, May 26, 10.45pm (UAE)
TV: Match on BeIN Sports

Updated: January 13, 2025, 8:10 AM