Top Price Market
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

Top Price Market

World

Arab leaders to gather for postwar Gaza proposal to counter Trump’s ‘Riviera’ plan

by admin February 21, 2025
February 21, 2025
Arab leaders to gather for postwar Gaza proposal to counter Trump’s ‘Riviera’ plan

Arab leaders are set to meet in Saudi Arabia on Friday for the first time to formulate a response to US President Donald Trump’s plan for the US to take ownership of Gaza, expel its Palestinian population and turn it into a Middle Eastern “Riviera.”

The meeting – including Egypt, Jordan, the United Arab Emirates, Saudi Arabia, Qatar and other Gulf Arab nations – will take place ahead of a larger Arab summit on March 4, Saudi Arabia said. A meeting of Islamic countries is expected to follow, according to the Egyptian foreign ministry.

Originally announced by Egypt in early February as an “emergency summit,” the gathering will take place five weeks after Trump first floated his plan, showing the struggle among Arab states to craft a unified stance.

Conflicting details have emerged about the Arab plan.

A report published in Egypt’s state-run Al Ahram Weekly said Cairo was proposing a 10-to-20-year plan to rebuild Gaza with Gulf Arab funding, while excluding Hamas from governing the enclave and allowing its 2.1 million Palestinian residents to remain.

Egyptian Prime Minister Mostafa Madbouly on Wednesday claimed that his country could fully rebuild Gaza in three years to a state that is “better than it was before,” without saying how he plans to achieve that. If a permanent ceasefire is reached in Gaza in the coming months, that would mean the vision could be completed before the end of Trump’s presidential term.

Most assessments suggest that a complete reconstruction of the enclave would take much longer.

The World Bank, the European Union and the United Nations said in a joint statement Tuesday that, according to their estimates, a return of essential services alone, including health, education, as well as the clearing of rubble, would take three years. The full rebuilding of the devastated enclave would need 10 years and cost more than $50 billion, with housing alone estimated to cost $15 billion. The Egyptian prime minister said that his country’s plan takes those assessments into consideration.

Meanwhile, the Egyptian government and real estate developers in the country have been eyeing a role in the rebuilding process, which could come with contracts worth billions of dollars.

“We have experience, and we have applied it (before) in Egypt,” Madbouly said in a news conference in Egypt’s new administrative capital. “The capability to rebuild the (Gaza) Strip and executing it in way that will make it better than it was before the destruction – truly three years is an acceptable timeline to do this.”

Trump said on Wednesday that he had not yet seen the Egyptian plan.

‘Long and complex journey’

Despite urgency from Arab countries to present Trump with a convincing counterproposal, rebuilding Gaza is a “long and complex” journey, the World Bank, EU and UN said.

It will likely need to address governance and finance with international backing –contentious issues that could be difficult to resolve.

Any reconstruction effort would be futile if a fragile ceasefire in Gaza fails, plunging the territory back to war.

A source familiar with the reconstruction plans said that funding could include public and private donations, likely from the EU and Gulf Arab countries, adding that there could be an international donor conference for Gaza in April.

The plan could also fall through if Israel, which controlled Gaza’s border long before Hamas’ October 2023 attack, refuses to cooperate. So far, it has backed Trump’s plan to de-populate Gaza, and its defense ministry this week announced plans to launch a “Directorate for the Voluntary Departure of Gaza Residents” to facilitate, it says, Gazans who wish to emigrate.

Hamas and Israel reached an agreement last month for the first phase of a truce that could culminate in permanent ceasefire. Israeli Foreign Minister Gideon Sa’ar said on Tuesday that talks will start on a potential second phase of the truce – two weeks after they were due to begin.

The West Bank-based Palestinian Authority said on Thursday it was prepared to govern Gaza after the war, which Israeli Prime Minister Benjamin Netanyahu has repeatedly rejected. The PA isn’t expected to participate in the Saudi meeting on Friday.

Hamas has sent conflicting messages on what role it sees for itself in Gaza after the war. Over the weekend, senior Hamas official Osama Hamdan sent a defiant message, saying during an interview in Qatar that the group would decide for itself who will govern Gaza. But this week, Hazem Qassem, a Hamas spokesperson, said the group is not “clinging to power.”

Egypt’s state-backed Al Qahera News reported Saturday that Egypt is working to form a temporary committee to oversee the rebuilding of Gaza.

Meanwhile, Qatar said that Palestinians should decide who governs them in the future.

The UAE is one of the few Arab nations that has expressed willingness to consider a role in postwar Gaza at the invitation of a reformed Palestinian Authority and with a commitment from Israel for a future Palestinian state. It has rejected Trump’s plan to displace Palestinians.

But Hamas has warned that it will treat anyone that takes Israel’s place in Gaza as it treats Israel, calling on regional states not to become “agents” for Israel.

This post appeared first on cnn.com
0
FacebookTwitterGoogle +Pinterest
previous post
Trump appoints Alice Marie Johnson ‘pardon czar’ during Black History Month event at White House
next post
New Purpose ETFs Give Canadian Investors Access to Leading Tech Stocks

You may also like

Russian strike on Ukraine apartment kills 14 as...

Japan’s biggest Yakuza crime group pledges to end...

29 children may be sentenced to death for...

Ukraine hails ‘constructive’ start to US talks, hours...

The first phase of Gaza’s truce could end...

Five-foot Toy Story 3 bear draws the crowds...

Yazidi woman captured by ISIS rescued in Gaza after...

Britain is on the cusp of a new...

Gunmen kill one person during Sunday service at...

Buckingham Palace maid arrested after drunken brawl at...

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Trump’s tax hike proposal is ‘déjà vu’ of George H. W. Bush’s...

    • Pope Francis-era deal with Chinese Communist Party again under scrutiny as Pope Leo takes the reins

    • Diver dies in preliminary operations to recover tech tycoon’s sunken superyacht

    • Metals and Mining Virtual Investor Conference: Presentations Now Available for Online Viewing

    • Vance says India-Pakistan conflict ‘none of our business’ as Trump offers US help

    Categories

    • Business (1,632)
    • Investing (4,782)
    • Politics (7,554)
    • Uncategorized (2)
    • World (6,138)
    • About us
    • Contacts
    • Privacy Policy
    • Terms & Conditions
    • Email Whitelisting

    Disclaimer: toppricemarket.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 toppricemarket.com | All Rights Reserved


    Back To Top