Arab Leaders Approve Egyptian $53 Billion Gaza Reconstruction Plan

During an emergency Arab summit in Cairo, Arab leaders adopted an Egyptian reconstruction plan for Gaza, which is estimated to cost $53 billion and aims to avoid the resettlement of Palestinians. The plan includes establishing an administrative committee of Palestinian technocrats to temporarily govern Gaza, preparing for the eventual return of the Palestinian Authority. In contrast, Israel's Foreign Ministry criticized the plan, arguing it relies on entities that have failed in the past and overlooks the role of Hamas in the recent conflict. Egyptian President Abdel-Fattah el-Sisi expressed confidence in achieving peace and urged support for the reconstruction efforts, while addressing the need for regional cooperation. The summit also discussed sustaining a ceasefire in Gaza and accelerating humanitarian aid, emphasizing the importance of not displacing the Palestinian population. The dynamics around Gaza's governance moving forward remain contentious, particularly regarding the future role of Hamas.