KARACHI: Pakistan Stock Exchange above the 98,000 mark on Friday as share prices surged more than 2,000 points in intraday trade
GAZA: Palestinian militant group Hamas on Monday agreed to a Gaza ceasefire proposal from mediators, but Israel said the terms did not meet its demands and pressed ahead with strikes in Rafah while planning to continue negotiations on a deal.
Hamas said in a brief statement that its chief, Ismail Haniyeh, had informed Qatari and Egyptian mediators that the group accepted their proposal for a ceasefire.
Israeli Prime Minister Benjamin Netanyahu’s office said later that the truce proposal fell short of Israel’s demands but Israel would send a delegation to meet with negotiators to try to reach an agreement.
Qatar’s foreign ministry said its delegation will head to Cairo on Tuesday to resume indirect negotiations between Israel and Hamas.
In a statement, Netanyahu’s office added that his war cabinet approved continuing an operation in Rafah. Jordan’s Foreign Minister Ayman Safadi said on social media site X that Netanyahu was jeopardizing a ceasefire by bombing Rafah.
An Israeli official, speaking on condition of anonymity, said the proposal that Hamas approved was a watered-down version of an Egyptian offer and included elements that Israel could not accept.
“This would appear to be a ruse intended to make Israel look like the side refusing a deal,” said the Israeli official.
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