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Egypt to allocate $500m for Gaza rebuilding effort

Reuters/Cairo
Filed on May 18, 2021
A top view shows the remains of a six-story building which was destroyed by an early morning Israeli airstrike in Gaza City on Tuesday. — AP

Nearly 450 buildings in the Gaza strip have been destroyed or badly damaged, including six hospitals and nine primary care health centres


Egypt will allocate $500 million for rebuilding efforts in the Gaza strip following Israeli air strikes, the Egyptian presidency said on Tuesday.

Israel bombarded Gaza with air strikes and Palestinian militants resumed cross-border rocket fire on Tuesday after a brief overnight lull.

Nearly 450 buildings in the Gaza strip have been destroyed or badly damaged, including six hospitals and nine primary care health centres, the United Nations humanitarian agency said. Some 47,000 out of 52,000 displaced persons had fled to UN schools.

Egyptian companies will participate in rebuilding operations, according to the statement that followed a meeting between President Abdel Fattah Al Sisi, French President Emmanuel Macron and Jordan’s King Abdullah in Paris.

Hamas chief Ismail Haniyeh thanked Sisi for his contribution and Egypt’s mediation efforts, which reflected the country’s “national commitment to the Palestinian cause”.





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