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    Home - Finance & Investment - Hamas frees more Israeli hostages in Gaza as fragile ceasefire holds
    Finance & Investment

    Hamas frees more Israeli hostages in Gaza as fragile ceasefire holds

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    Hamas frees more Israeli hostages in Gaza as fragile ceasefire holds
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    Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

    Hamas freed three Israeli hostages on Saturday, as the fourth exchange of a fragile ceasefire in Gaza got under way.

    The Israeli military said that the three men — Yarden Bibas, Ofer Kalderon and Keith Siegel — had been handed over to Israeli forces in Gaza, and would be taken for medical assessment to hospitals in Israel. In return, Israel is due to release 183 Palestinian prisoners.

    In a further milestone in the two-week old ceasefire, a group of sick and wounded Palestinians is expected to leave Gaza later on Saturday through the Rafah crossing point to Egypt, which has been closed since Israeli forces seized control of it during their offensive in the enclave last May.

    The six-week truce is the first part of a complex three-stage deal thrashed out by US-led mediators that has raised hopes of an end to the hostilities in Gaza.

    The 15-month war has become the deadliest round of fighting in the history of the Israeli-Palestinian conflict, leaving Gaza in ruins, consuming Israeli society and bringing the Middle East to the brink of a full-scale war

    Bibas, 35, and Kalderon, 54, a French-Israeli dual national, were both seized with family members from the kibbutz of Nir Oz, which lies less than two kilometres from Gaza, during the shock October 7, 2023 attack by Hamas that triggered the war. Siegel, a 65-year-old US-Israeli, was seized with his wife Aviva from the kibbutz of Kfar Aza.

    Two of Kalderon’s children, Erez and Sahar, who were kidnapped with him, were freed during the war’s only previous truce in late 2023, as was Aviva Siegel. However, Bibas’s wife Shiri and their two children, Ariel and Kfir, have not been returned.

    At just nine months old, Kfir Bibas was the youngest hostage to be seized, and footage of Shiri clinging to him and his four-year-old brother Ariel as the family was kidnapped has become one of the enduring images in Israel of Hamas’s attack.

    Hamas claimed early in the war that the three had been killed in an Israeli air strike in Gaza. Israeli officials have consistently said they could not verify the claim, but have expressed grave concern over their fate.

    In total, Hamas militants killed 1,200 people on October 7, according to Israeli officials, and seized 250 hostages.

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    Israel responded with a devastating assault on Gaza that has killed more than 47,000 people, according to Palestinian officials, displaced most of the enclave’s 2.3mn inhabitants and stoked a humanitarian catastrophe.

    About 100 hostages were freed during the 2023 truce, while a handful have been rescued by Israeli forces. Israel has also retrieved the bodies of several hostages. Before Saturday’s exchange, 82 hostages — at least half of whom are believed to be dead — remained in Gaza.

    In total, Hamas was due to release 33 hostages in exchange for about 1,900 Palestinian prisoners under the first stage of the deal. But Israeli officials said this week that Hamas had informed it that eight of the 33 — which include women, children, the sick and the elderly — were dead.

    During the second phase — over which Israel and Hamas are due to start negotiating in the coming days — Hamas is meant to release all remaining living hostages in exchange for hundreds more Palestinian detainees, the full withdrawal of Israeli troops from Gaza and a permanent end to the war.

    The third and final phase will involve the return of the remaining bodies of hostages who have died and the reconstruction of Gaza.

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