Egypt’s Sisi to visit Riyadh for talks on $20B Gaza reconstruction plan

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Title : Egypt’s Sisi to visit Riyadh for talks on $20B Gaza reconstruction plan
Link : Egypt’s Sisi to visit Riyadh for talks on $20B Gaza reconstruction plan

Egyptian President expected to visit Riyadh on Thursday to discuss an Arab initiative for Gaza that could include up to $20 billion for reconstruction.

Egyptian President Abdel Fattah Al-Sisi is expected to visit Riyadh on Thursday, according to two Egyptian security sources quoted by Reuters on Tuesday. During his trip, he is set to discuss an Arab initiative for Gaza that could include up to $20 billion from the region for reconstruction, the report said.

Arab nations are preparing to outline a post-war strategy for Gaza as a countermeasure to US President Donald Trump's proposal, which seeks to redevelop the enclave under US administration and relocate its residents, and which has sparked significant concern among regional leaders.

Saudi Arabia, Egypt, Jordan, the United Arab Emirates, and Qatar are scheduled to review the Arab plan in Riyadh before formally presenting it at an Arab summit in Cairo on March 4, according to four sources familiar with the matter. A gathering of Arab leaders—including those from Jordan, Egypt, the UAE, and Qatar—is expected to take place in Saudi Arabia on Friday. While Saudi Arabia is leading efforts among Arab nations regarding Trump's plan, some sources indicated that the date for the meeting has not yet been confirmed. (Read More)