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    3. >Three Israeli hostages set to be released in latest Gaza exchange
    Headlines

    Three Israeli Hostages Set to Be Released in Latest Gaza Exchange

    Published by Global Banking & Finance Review®

    Posted on February 1, 2025

    2 min read

    Last updated: January 26, 2026

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    A poignant moment as three Israeli hostages are set to be released in an ongoing Gaza exchange, highlighting the humanitarian aspects of the conflict. This image captures the essence of the negotiations between Hamas and Israel.
    Three Israeli hostages set for release in Gaza exchange - Global Banking & Finance Review
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    Tags:financial crisisinternational financial institutionforeign currencyfinancial management

    Quick Summary

    Hamas will release three Israeli hostages in a Gaza exchange, part of a truce to end the conflict. The Rafah crossing opens for injured Palestinians.

    Hamas to Release Three Israeli Hostages in Ongoing Gaza Exchange

    JERUSALEM (Reuters) - The Palestinian militant group Hamas is expected to hand over three Israelis on Saturday, in the latest stage of a gradual exchange of hostages for Palestinian prisoners under a truce aimed at opening the way to ending the 15-month war in Gaza.

    The three Israelis include Yarden Bibas, father of the two youngest hostages, baby Kfir, only 9 months old when he was kidnapped by Hamas-led gunmen on Oct. 7, 2023, and Ariel, who was 4 at the time of the cross-border attack.

    Hamas said in November 2023 that the boys and their mother Shiri, who was taken at the same time, were killed in an Israeli airstrike. There has been no word on them since.

    U.S.-Israeli dual national Keith Siegel and French-Israeli dual national Ofer Kalderon will also be part of the exchange for 182 Palestinian prisoners and detainees, Hamas said.

    Saturday is also expected to see the first Palestinians travelling from Gaza to Egypt through the newly reopened Rafah crossing. It will be opened initially for 50 injured militants and 50 wounded civilians, along with the people escorting them, with a further 100 people, most likely students, probably allowed through on humanitarian grounds.

    Fifteen of the 33 hostages due for release in the first stage of the ceasefire have so far been released in exchange for 400 Palestinian prisoners and detainees.

    Negotiations are due to start by Tuesday on agreements for the release of more than 60 remaining hostages and the withdrawal of Israeli troops from Gaza in a second phase of the deal.

    The initial six-week ceasefire, agreed with Egyptian and Qatari mediators and backed by the United States, has so far stayed on track despite a number of incidents that have led both sides to accuse the other of violating the deal.

    The Hamas attack on Oct. 7, 2023 killed some 1,200 people and took more than 250 hostage, according to Israeli figures.

    Israel's campaign in response has destroyed much of the densely populated Gaza Strip and killed more than 47,000 Palestinians, according to Palestinian health authorities.

    (Reporting by James Mackenzie; Editing by Cynthia Osterman)

    Key Takeaways

    • •Hamas to release three Israeli hostages in exchange for Palestinian prisoners.
    • •The exchange is part of a truce to end the 15-month Gaza conflict.
    • •Rafah crossing to open for injured militants and civilians.
    • •Negotiations for the release of remaining hostages to start soon.
    • •Ceasefire mediated by Egypt and Qatar remains intact despite tensions.

    Frequently Asked Questions about Three Israeli hostages set to be released in latest Gaza exchange

    1Who are the three Israelis expected to be released?

    The three Israelis include Yarden Bibas, and two young boys, Kfir and Ariel, who were kidnapped by Hamas on October 7, 2023.

    2What is the status of the ceasefire agreement?

    The initial six-week ceasefire, agreed with Egyptian and Qatari mediators and backed by the United States, has so far stayed on track despite some incidents.

    3How many hostages have been released so far?

    Fifteen of the 33 hostages due for release in the first stage of the ceasefire have so far been released in exchange for 400 Palestinian prisoners.

    4What is the significance of the Rafah crossing?

    The Rafah crossing is expected to reopen for the first Palestinians traveling from Gaza to Egypt, initially for 50 injured militants and 50 wounded civilians.

    5What was the impact of the Hamas attack on October 7, 2023?

    The Hamas attack killed approximately 1,200 people and resulted in more than 250 hostages being taken, according to Israeli figures.

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