Arab leaders gathered in Egypt to discuss a reconstruction plan for Gaza, which would cost $53 billion over five years. President Trump’s contrasting ideas for a “Middle East Riviera” were noted. The summit included discussions on upcoming elections in the West Bank and Gaza.

On March 4, Arab leaders convened in Egypt’s New Administrative Capital for an urgent summit focusing on the reconstruction of Gaza. Egypt is set to propose a comprehensive reconstruction plan estimated at $53 billion over five years, which emphasizes the importance of not resettling Palestinians. This proposal stands in stark contrast to U.S. President Donald Trump’s ambitious vision of creating a “Middle East Riviera”. Among the notable attendees were United Nations Secretary-General Antonio Guterres, Syria’s interim President Ahmed al-Sharaa, and Lebanese President Joseph Aoun, who were all welcomed by Egyptian President Abdel Fattah el-Sisi. It is anticipated that the concluding statements of the summit will include calls for holding elections in both the West Bank and Gaza within a year.

The emergency Arab summit in Egypt resulted in a significant proposal for Gaza’s reconstruction, prioritizing Palestinian residency stability. In contrast to President Trump’s plans, this initiative entails substantial financial investment aimed at sustainable growth in the region. Furthermore, the potential for future elections has been highlighted, showcasing a collective Arab stance on governance in the Palestinian territories.

Original Source: m.economictimes.com