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The call came in around 4 p.m., while Adam Abo Sheriah was still at work in his pharmacy in New Jersey. It took a few minutes for Adam to understand: His uncle’s home in Gaza City had been hit by Israeli airstrikes. His parents and his brother’s wife and children were inside, taking shelter after their own homes were bombed. Also struck nearby was a block of multifamily buildings in a neighborhood of Gaza City, home to many relatives and their families, who were hunkered down together. His mind swirling with questions, he got in his car and started driving nowhere in particular.

Persons: Adam Abo Sheriah, Adam, Adam couldn’t Locations: New Jersey, Gaza City, Paterson

☆ I.M.F. Agrees to Much Larger Rescue Package for Egypt
▼ + stars: | 2024-03-06 | by ( Nada Rashwan | ) www.nytimes.com time to read: 1 min

The International Monetary Fund has agreed to more than double a bailout package for Egypt, which is going through its worst economic crisis in decades, exacerbated by war in the neighboring Gaza Strip and in Ukraine. The fund now plans to provide Egypt $8 billion, up from an initial $3 billion announced in October 2022. The I.M.F.’s mission chief to Egypt, Ivanna Vladkova Hollar, noted at a news conference that the already-struggling Egyptian economy had been further hurt by the conflict between Israel and Hamas, which has cut into the country’s vital tourism trade. At the same time, revenue from the Suez Canal dropped by half after Houthi militants, who say they are acting in solidarity with Palestinians in Gaza, began attacking cargo ships using Red Sea shipping routes.

Persons: Ivanna Vladkova Hollar Organizations: Monetary Fund Locations: Egypt, Gaza, Ukraine, Israel, Suez

☆ Egyptians Are Buying and Selling Gold Just to Stay Afloat
▼ + stars: | 2024-03-05 | by ( Vivian Yee | Nada Rashwan | ) www.nytimes.com time to read: +1 min

Inside the wood-paneled shop in Cairo’s famed Khan el-Khalili market, the price of gold was slumping fast, and Rania Hussein was feeling the future slip through her fingers. She and her mother watched the gold merchant weigh the necklace and three bangles they had brought in — jewelry Ms. Hussein had bought for her mother as a present five years ago but which they now needed to sell. Her brother was getting married, an expensive undertaking even in normal times, but the economic crisis and soaring inflation that have gripped Egypt for more than two years left the family no choice. Years of reckless spending and economic mismanagement had come to a head in 2022, when Russia’s invasion of Ukraine helped plunge Egypt into a financial crisis. It also has shut her clothing design business and wiped out three-quarters of the value of her brother’s salary as an accountant.

Persons: Khan el, Rania Hussein, Hussein Locations: Egypt, Ukraine, Gaza

☆ Parties to Cease-Fire Talks Offer Mixed Signals
▼ + stars: | 2024-02-28 | by ( Vivian Yee | ) www.nytimes.com time to read: +4 min

The prediction matched that of President Biden, who said that a deal could come as soon as next week. In public, however, Hamas and Israel are sticking with their longstanding positions and not signaling any breakthrough. The two sides have not met face to face, instead negotiating through mediators in Doha, Cairo and Paris. Qatar’s foreign ministry said this week that talks were ongoing and it was too early to speculate about a resolution. Mr. Haniyeh met on Monday with the emir of Qatar and accused Israel of dragging its feet in the talks, according to a Hamas statement.

Persons: Israel, ”, Ismail Haniyeh, Abdel Fattah el, “ God, Biden, Haniyeh, Basem Naim, —, Rawan Sheikh Ahmad, Nada Rashwan, Adam Sella Organizations: West Bank, West Bank Palestinians, New York Times Locations: Gaza, Egypt, Israel, Qatar, United States, Doha, Cairo, Paris, Jerusalem, Islam

RAFAH, Gaza Strip (AP) — Israel has not presented specific evidence that Hamas is diverting U.N. aid and its recent targeted killings of Gaza police commanders safeguarding truck convoys have made it “virtually impossible” to distribute the goods safely, a top U.S. envoy said in rare public criticism of Israel. “We are working with the Israeli government, the Israeli military in seeing what solutions can be found here because everyone wants to see the assistance continue,” Satterfield told the Carnegie Endowment for International Peace on Friday. On Friday, police opened fire after a crowd charged toward an aid truck that had emerged from the Rafah crossing with Egypt. Israel has alleged repeatedly that Hamas is diverting aid, including fuel, after it enters Gaza, a claim denied by U.N. aid agencies. Last week, an Israeli airstrike on a car killed three senior police commanders in Rafah, the first entry point for aid deliveries.

Persons: — Israel, Israel, David Satterfield, Biden, ” Satterfield, Wael Abu Omar, Satterfield, Joe Biden, Diaa Rashwan, Khan Younis, Gaza’s, city's Nasser, ___ Magdy Organizations: Carnegie Endowment, International, Authority, U.N, Hamas, Ministry, Islamic, Authorities, State Information Service, Gaza Health Ministry, Health Ministry Locations: RAFAH, Gaza, U.S, Rafah, Egypt, Israel, EGYPT, Khan, Cairo, ___, israel

☆ Egypt Denies Allegations of Participating in Any Process Involving Displacement of Gazans Into Sinai
▼ + stars: | 2024-02-16 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

CAIRO (Reuters) -Egypt categorically denied allegations of participating in any process involving the displacement of Palestinians in the Gaza Strip into the Sinai Peninsula, the country's State Information Service (SIS) said on Friday. He said such scenario would entail "a definite liquidation of the Palestinian cause and a direct threat to Egyptian sovereignty and national security." Describing any sort of displacement as a "crime advocated by some Israeli parties", Rashwan said Egypt will take all necessary measures to stop it. Earlier this week, Egypt hosted talks involving the U.S., Israel and Qatar on a possible Gaza truce. An Egyptian source said the country was optimistic that talks to clinch a ceasefire can avoid the prospect of displacement.

Persons: Rahswan, Rashwan, Ahmed Tolba, Adam Makary, Hatem Maher, Jonathan Oatis Organizations: Information Service, Reuters, Wall Street, SIS, Sinai Foundation, Human Rights, U.S Locations: CAIRO, Egypt, Gaza, country's, Rafah, Israel, Qatar

☆ Middle East Crisis Egypt Is Building a Wall Near Gaza Border But Won’t Say Why
▼ + stars: | 2024-02-16 | by ( Nada Rashwan | Christiaan Triebert | ) www.nytimes.com time to read: +4 min

A wall is going up in the desert of Egypt near the border of the war-torn Gaza Strip, but no one is talking much about it. Image Construction of a wall along the Egyptian border with Rafah is seen in this satellite imagery. Credit... Maxar TechnologiesThe satellite imagery clearly shows newly graded land south of the Rafah border crossing. And many Palestinians suspect that Israel might not allow people who leave Gaza to come back when the war is over. One Gazan official in Rafah, Ahmed al-Soufi, estimated that there were over 100,000 displaced Palestinians in encampments pressed against the border.

Persons: Gazans, Ahmed al, Martin Griffiths, —, Hisham el, Gen Mohamed Shousha, Ahmed Ezzat, Nick Cumming, Bruce, Adam Rasgon Organizations: The New York Times, Maxar, The Times, Egyptian Army, United Locations: Egypt, Gaza, Rafah, Israel, North Sinai —, North Sinai, Maj, Geneva, Jerusalem

☆ Egypt Receives Hamas Response to Gaza Truce Proposal, Working to Reach Final Formula
▼ + stars: | 2024-02-06 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +1 min

CAIRO (Reuters) - Egyptian officials said on Tuesday they have received Hamas' response to a framework ceasefire agreement for the Gaza Strip, a statement from Egypt's State Information Service said. "We will discuss all the details of the proposed framework with the concerned parties to reach an agreement on the final formula as soon as possible," Diaa Rashwan, head of the State Information Service, was quoted as saying. Egyptian security sources told Reuters on Tuesday that Hamas' response showed flexibility, asking for a specific timeline for the ceasefire to end after the Muslim Eid al-Fitr holiday in early April. "Egypt will continue to exert its utmost efforts in order to reach a ceasefire agreement in the war-ravaged Gaza Strip soon," Rashwan said. War in Israel and Gaza View All 194 Images(Reporting by Ahmed Mohamed Hassan, Nafisa ElTahir; Writing by Adam Makary; Editing by Chris Reese and Cynthia Osterman)

Persons: Rashwan, Ahmed Mohamed Hassan, Nafisa, Adam Makary, Chris Reese, Cynthia Osterman Organizations: Service, State Information Service, Reuters Locations: CAIRO, Gaza, Egypt, Israel

More than 40,000 people have been sheltering in or around the center, according to the U.N. There was no immediate confirmation of the Israeli order by UNRWA. The United Nations did not directly blame Israel. The United Nations said Wednesday’s strike was the third direct hit on that compound. An estimated 1.7 million Gazans have fled their homes during the war, according to the United Nations, many of them displaced multiple times.

Persons: Khan Younis, Philippe Lazzarini, U.N, “, Israel, Wednesday’s, Mr, Lazzarini, Younis, Rawan Sheikh Ahmad Organizations: United Nations, UNRWA, Israeli Authorities Locations: Gaza, Khan, Egypt, Israel

☆ Negotiators pushing for new two-day extension of Gaza truce - Egyptian statement
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +1 min

A mosque destroyed in Israeli strikes during the conflict lies in ruin, amid a temporary truce between the Palestinian Islamist group Hamas and Israel, in Khan Younis in the southern Gaza Strip November 29, 2023. REUTERS/Mohammed Salem Acquire Licensing RightsCAIRO, Nov 30 (Reuters) - Egyptian and Qatari negotiators are pushing for a new two-day extension to the truce in Gaza along with more prisoner releases and an increase in the delivery of humanitarian aid, a statement from Egypt's state media body said on Thursday. The efforts follow the last-minute extension of the truce for a seventh day on Thursday. "Egypt will continue to exert its utmost efforts to ensure the continued flow of humanitarian aid to the north and south of the Gaza Strip," the statement said. Reporting by Aidan Lewis; Editing by Alex RichardsonOur Standards: The Thomson Reuters Trust Principles.

Persons: Khan Younis, Mohammed Salem, Diaa Rashwan, Aidan Lewis, Alex Richardson Organizations: Hamas, REUTERS, Rights, Qatari, Thomson Locations: Palestinian, Israel, Gaza, Rights CAIRO, Egypt

Israel has welcomed the release of dozens of hostages in recent days and says it will maintain the truce if Hamas keeps freeing captives. Weeks of heavy aerial bombardment and a ground invasion have demolished vast swaths of northern Gaza and killed thousands of Palestinians. With information hard to come by, authorities have only given approximate counts of the number of hostages held in Gaza. Another 21 hostages — 19 Thais, one Filipino and one Russian-Israeli — have been released in separate negotiations since the truce began. Before the cease-fire, Hamas released four hostages, and the Israeli army rescued one.

Persons: Yehya Sinwar, Biden, Israel, ” Martin Indyk, Antony Blinken, Benjamin Netanyahu, —, Israel's, ”, Omar al, Dr, Tedros Adhanom Ghebreyesus, ___ Magdy Organizations: —, Health Ministry, Hamas, World Health Organization Locations: RAFAH, Gaza, Israel, Israeli, United States, U.S, Egypt, Qatar, Brussels, GAZA, Al, Aqsa, Cairo, Lidman, Jerusalem, israel

The Israeli prime minister’s office said the released hostages included a 12-year-old boy and multiple members of four other families. There was no immediate comment from the Israeli government, which had offered to extend the pause by one day for every additional 10 hostages released. Under the initial deal, Hamas agreed to release 50 women and children taken hostage during the Oct. 7 attack. In return, Israel agreed to free 150 women and minors held in Israeli jails, among other terms. Before Monday, Hamas had released 39 Israeli hostages under the deal, while Israel had freed 117 Palestinian prisoners.

Persons: —, Israel, Daniel Hagari, “ We’re, ”, Benjamin Netanyahu, Biden, John F, Kirby, we’ve, ” Mr, Diaa Rashwan, Rashwan, Sheikh Mohammed bin Abdulrahman, Thani, Isabel Kershner, Iyad Abuheweila, Erica L, Green, Edward Wong Organizations: West Bank, Associated Press, National Security Council, State Information Service, Hamas, Financial Times Locations: Israel, Gaza, West, Ramallah, Gaza City, Washington, United States, Egypt, Qatar, Thani, al

☆ More Israeli Hostages, Palestinians Expected to Be Freed With Extended Truce
▼ + stars: | 2023-11-27 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +3 min

Hamas-affiliated media reported early on Tuesday that Israel freed 30 Palestinian children and three women, in the truce's fourth swap. Waving Palestinian, Hamas and Islamic Jihad flags, dozens of Palestinians gathered outside Israel's Ofer prison near Ramallah in the occupied West Bank to await the release of additional Palestinians. Each day since the four-day truce began on Friday, Hamas has released some of the hostages while Israel has freed some of the Palestinians it holds. Under the terms of existing four-day truce agreement, Hamas was due to release in total 50 Israeli women and children held hostage in Gaza. It was not clear how many hostages would be released under the extended truce agreement, but earlier the head of Egypt's State Information Service, Diaa Rashwan, said the deal being negotiated would include the release of 20 Israeli hostages and 60 Palestinian prisoners in Israeli jails.

Persons: Nidal, Emily Rose CAIRO, Israel, Israel's Ofer, Gaza's, Alya Ahmed Saif Al, Thani, Antony Blinken, Diaa Rashwan, Arshad Mohammed, Cynthia Osterman Organizations: West Bank, Gaza's Hamas, Security, Hamas, U.S, United, Egypt's, Information Service, Reuters Locations: JERUSALEM, Israel, Gaza, Ramallah, Qatar, Egypt, United Arab Emirates

Persons: Israel, Israel's Ofer, Gaza's, Alya Ahmed Saif Al, Thani, Antony Blinken, Diaa Rashwan, Arshad Mohammed, Cynthia Osterman Organizations: International Committee, West Bank, Gaza's Hamas, Security, Hamas, U.S, United, Egypt's, Information Service, Reuters, Thomson Locations: Israel, CAIRO, JERUSALEM, Gaza, Ramallah, Qatar, Egypt, United Arab Emirates

☆ Egypt says it received 'positive signals' over possible extension of Gaza truce
▼ + stars: | 2023-11-25 | by ( ) www.reuters.com time to read: 1 min

Israeli soldiers sit in Merkava tanks near the Israel-Gaza border, during a temporary truce between Hamas and Israel, in southern Israel, November 25, 2023. REUTERS/Alexander Ermochenko Acquire Licensing RightsNov 25 (Reuters) - Egypt said on Saturday it had received positive signals from all parties over a possible extension of the Gaza truce for one or two days. Diaa Rashwan, the head of Egypt's State Information Service (SIS), said in a statement that the country was holding extensive talks with all parties to reach an agreement over extending the four-day truce, which "means the release of more detainees in Gaza and Palestinian prisoners in Israeli jails." Reporting by Aidan Lewis Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.

Persons: Alexander Ermochenko, Diaa Rashwan, Aidan Lewis, Mark Potter Organizations: REUTERS, Egypt's, Information Service, Thomson Locations: Israel, Gaza, Egypt

☆ As second hostage-for-prisoners release looms, Egypt sees 'positive signals' on Gaza truce extension
▼ + stars: | 2023-11-25 | by ( ) www.cnbc.com time to read: +7 min

International Red Cross vehicles, carrying Israeli prisoners released from Gaza, are on their way to Rafah crossing under the 4 day deal in Gaza on November 24, 2023. Egypt, which controls the Rafah border crossing through which vital aid has resumed passing into the Gaza Strip under the truce accord, also said it had received "positive signals" from all parties over a possible extension of that deal. Since then, Israel has rained bombs on Gaza, killing about 14,000 people, roughly 40% of them children, Palestinian health authorities say. Fifty trucks carrying food, water, shelter equipment, and medical supplies, have been deployed to the northern Gaza Strip and to shelters in non-evacuated areas of the Palestinian enclave, Israel said. Since then, Israel has rained bombs on Gaza, killing about 14,000 people, roughly 40% of them children, Palestinian health authorities say.

Persons: Mustafa Hassona, Diaa Rashwan, Biden, Munder, Gilat Livni, Paediatrics, Raz Asher, Yoni, Ronen Zvulun, Joe Biden, Ayman Nofal, Khan Younis, Thomas Samson, Haitham Ahmed, Mohammed Ghandour, I'm Organizations: Cross, Anadolu, Getty, Egypt's, Information Service, Gaza, Schneider Children's Medical, Reuters, Airbus, Arish International Airport, Afp, Israeli Defence Ministry, Reuters Tv Locations: Gaza, Rafah, Egypt, Israeli, Cairo, Israel, London, Gaza Gaza, Palestinian, Petah Tikva, U.S, Khan, El

☆ Israel-Hamas believed to have come into effect, with hostage release expected in coming hours
▼ + stars: | 2023-11-24 | by ( Simone Mccarthy | ) edition.cnn.com time to read: +3 min

CNN —A truce between Israel and Hamas is believed to have come into effect at 7 a.m. local time (12 a.m. ET) on Friday, with civilian hostages held captive by militants expected to be released in the coming hours as part of a breakthrough diplomatic deal following an uneasy day-long delay. An initial group of 13 women and children held in Gaza are expected to be freed later Friday, mediators in Qatar said the previous day. Thirty-nine Palestinian prisoners would also be released by Israel Friday as part of the deal, according to an Israeli official. Most of the prisoners concerned are male teenagers, along with some women, according to an Israeli government list of those who could be released.

Persons: Diaa Rashwan, Israel, –, Benjamin Netanyahu, “ Organizations: CNN, Israel, Egypt’s, Service, Hamas Locations: Israel, Gaza, Sderot, Qatar

“They have nowhere they can go back to,” Mr. Choula said of his family, who spent Saturday night sleeping in a field with several other families. Some are rallying together to send funds and organize shipments of supplies for survivors while others are heading home to help on the ground. But Mr. Dehy said he had received dozens of calls from Moroccans who want to immediately send help home. For Moroccans watching from afar, “the only thing that helps them is knowing that they helped, that they didn’t just stand idly by,” Mr. Dehy said. Mr. Choula, 41, said he was gathering money to send home.

Persons: Youssef Choula, “, ” Mr, Choula, ”, Latif Dehy, Dehy, —, Ella Williams, Talat N’yakoub, It’s, “ I’ve, Williams Organizations: “, French, of, British Moroccan Society Locations: Gloucestershire, England, Marrakesh, Amizmiz, Moroccan, Avignon, France, Morocco, Europe, Britain, ”

☆ Egypt launches national dialogue amid ongoing security crackdown
▼ + stars: | 2023-05-03 | by ( Farah Saafan | ) www.reuters.com time to read: +2 min

CAIRO, May 3 (Reuters) - Egypt launched a national political dialogue on Wednesday that authorities said was meant to generate debate around the country's future, though the chair of the event said several areas of discussion would be off limits. It is one of several steps aimed at countering criticism of Egypt's human rights record. Other measures include a five-year human rights strategy and a presidential amnesty committee that is considering thousands of requests to free some of those jailed under Sisi's rule. The dialogue's chairperson, Diaa Rashwan, said all sessions would be open to the media but discussions around the constitution, foreign policy and "strategic national security" would be off limits. Critics say recent steps on human rights are cosmetic, pointing to continuing detentions and arrests of dissidents, and say they doubt the dialogue signals real change.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBitcoin rises to start March, and another ex-FTX exec pleads guilty: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Hany Rashwan, CEO of 21Shares, discusses how institutions are thinking about crypto investing.

☆ Is the worst over for bitcoin and the rest of crypto?
▼ + stars: | 2022-12-04 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +6 min

This is not the first crypto winter, as long-term fans of bitcoin can attest. “It is very clear that we as an industry need to build better products,” said Hany Rashwan, CEO of 21.co, a crypto investment firm. That’s about triple where prices were during the depths of the crypto bear market in the early pandemic days of 2020. Others point out that the underlying blockchain technology behind bitcoin and crypto remains solid. Pride and Reynolds added that it’s erroneous to think that bitcoin can hold up well during stock market volatility.

☆ Crypto firm 21Shares lists bitcoin ETP on Nasdaq Dubai
▼ + stars: | 2022-10-12 | by ( Yousef Saba | ) www.reuters.com time to read: +2 min

DUBAI, Oct 12 (Reuters) - Crypto investment products firm 21.co said on Wednesday its subsidiary 21Shares AG has listed a bitcoin exchange-traded product on Nasdaq Dubai, making it the Middle East's first physically-backed bitcoin ETP. The 21Shares Bitcoin ETP trades, under the ticker ABTC, in the same way as the 21Shares Bitcoin ETP in Europe, 21.co said in a statement. Register now for FREE unlimited access to Reuters.com RegisterFollowing the Dubai listing, 21Shares has 46 listed products in seven countries, 21.co added. But Sherif El-Haddad, appointed 21Shares head of Middle East in August, was upbeat, saying cryptocurrencies were "fast becoming the asset of the future for investors and wealth managers around the world". Register now for FREE unlimited access to Reuters.com RegisterReporting by Yousef Saba; editing by Barbara LewisOur Standards: The Thomson Reuters Trust Principles.

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