We are closing our live coverage of the 2025 Word Economic Forum in Davos. Goodbye. Al Hassaina Mosque on December 3, 2021, and the mosque after its destruction in an Israeli strike during the war, in Gaza City, January 22, 2025. REUTERS/Mohammed Salem/Mahmoud Al-Basos

Nir Barkat, Israel's economy minister, discusses the country's war with Hamas, the long-awaited ceasefire and how its economy is faring with CNBC's Dan Murphy at the World Economic Forum in Davos.

Iranian Vice President Mohammad Javad Zarif on Wednesday said that Hamas’s attack on Israel on October 7, 2023 “destroyed” the opportunity for negotiations with the US to revive a landmark nuclear agr

The first three hostages held by Hamas and some prisoners held by Israel are scheduled to be exchanged following the cessation of hostilities Sunday.

Iran's Vice President Zarif said its allies in the region, including Hamas, have “always worked for their own cause, even at our expense”.

The Israel-Hamas war has put back development in Gaza by 60 years and mobilising the tens of billions of dollars needed for reconstruction will be an uphill task, the United Nations said.

Saudi Arabia's foreign minister said on Tuesday he did not see Donald Trump's new administration increasing the risk of an Israel-Iran conflict, addressing an issue the region has feared since the start of Israel's war in Gaza.

Qatar’s prime minister said on Tuesday that a lasting peace in Gaza would depend on Israel and Hamas acting in “good faith,” days into a fragile truce

Displaced Palestinians returned to their homes as a cease-fire took effect with three recently returned hostages long-held by Iran's proxy terror outfit Hamas, according to several reports.

The United Nations secretary-general has warned that Israel might seize the opportunity to annex the occupied West Bank.

Nir Barka also said that former U.S. President Joe Biden “restrained Israel,” and expressed optimism about support from President Donald Trump.

Israel's economy minister said on Wednesday it seeks a peaceful Gaza but has not decided whether to help fund its reconstruction and would not allow the rebuilding of Hamas rule that he said could lead to another cross-border militant attack.