Islamic Finance

Egypt allocates $500m for Gaza rebuilding efforts: Al-Sisi


Published 18 May,2021 via Daily News Egypt - Egypt’s President Abdel Fattah Al-Sisi has announced the allocation of $500m for Gaza rebuilding efforts following the recent Israeli attacks.

This came during his meeting with his French counterpart Emmanuel Macron and King Abdullah II of Jordan in a tripartite summit in the French capital, Paris, aimed at reaching a ceasefire between Palestine and Israel.

According to Al-Sisi, rebuilding will be done be Egyptian companies specializing in reconstruction process.

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Daily News Egypt