“Obstacles” in Egypt’s $ 53 billion to restore gas, establish Palestinian control of power

Egyptian President Abdel Fatah El Sisi creates a picture with leaders when Egypt holds an emergency Arab summit to discuss Palestinian events, in the new administrative capital of Egypt in Cairo, March 4, 2025.

Egyptian Presidency Through Reuters

Arab states led by Egypt have accepted a roadmap to restore gas as a “comprehensive Arab plan”, resisting President Donald Trump’s proposal to redo the lane into what he calls “Riviera of the Middle East” and throws Palestinians.

The White House actually rejected the Arabian plan, saying that “the current proposal does not affect the reality that the gas is currently non -resident, and the residents cannot humanely live on the territory covered by garbage and unpaid snaping,” said the National Security Council press, Brian Hugz.

Arabic plan considered by CNBC says that $ 53 billion is required Report on Banks UN-EU-World. The plan of almost 100 pages, dubbed “Gaza 2030”, included the logo of the President of Egypt and was considered by the Arab states on Tuesday at an emergency summit in Cairo. It is aimed at canceling Hamas and offers possible control of the Palestinian authorities in the besieged strip.

The Arab States, in the final community of the summit, called on the international community and “international and regional financing institutions to quickly support the plan”. The proposal does not indicate who will specifically lead to the bill but can see the European contribution, as well as the wealthy Persian Gulf, such as Saudi Arabia and Qatar.

Arab states announce a $ 53 billion plan for gas

The plan came under fire to lower key answers on questions such as managing, the future of Hamas and financing, and is faced with “a few true obstacles to become a reality,” said Paul Masgreve, an associate professor at Georgeth University at Qatar, Dan Murfa.

“This is a great document, but it’s also what I am not sure that this is a really serious plan because it shies away from the two biggest questions. One would have agreed to Hamas with political conditions for making it a great vision of reality? Two, the Israelis would agree to allow the appearance of a political settlement (with) Palestinian.” Musgrav.

Military vehicles work in Northern Gaza, among the ceasefire between Israel and Hamas, as seen from Israel on February 9, 2025.

Amir Cohen | Reuters

Israel crashed into the proposal and stated that before the discussions it had progressed to receive assistance or extending the ceasefire, Hamas should first release all other Israeli hostages from Gaza.

Israeli Ministry of Foreign Affairs Press -Secretary She cut off the proposal and said that “she did not cope with the realities of the situation after October 7, 2023, remaining implemented in the outdated prospects,” while expressing his encouragement for President Trump’s plan.

Meanwhile, the summit was also supported by the “International Conference on Early Restoration in the Gaza Strip”, which is scheduled for this month in Cairo in cooperation with the UN.

Arab states have also announced that they would work on the creation of a “trust fund” under the supervision of the World Bank, which is aimed at “obtaining financial promises from all donor and financial institutions in order to implement early recovery and restoration projects.”

Restructuring of gas

In the most modest plan to date to restore gas, the project outlines a three -stage plan, which ended in 2030.

The first stage will last six months and will cost $ 3 billion, during which rubble will be removed in some areas. Seven sites are estimated to accommodate more than 1.5 million people with temporary housing provided during the reconstruction process.

People go to their houses on the destroyed streets of Gaza on January 19, 2025.

Abood Abusalama | AFP | Gets the image

In the second stage, which lasts two years, at the cost of $ 20 billion, housing units for 1.6 million will be created, as well as the restoration of facilities, services and networks.

The third stage, which lasts two and a half years at $ 30 billion, will be aimed at continuing the process of “creating the necessary facilities, networks and service buildings”, as well as housing construction of 1.2 million people. Hopefully these new units will be able to accommodate 3 million people.

Management in the gas

The proposal does not include the future for Hamas militants in the besieged lane, but outlines that “the administration will take over gas management in the transition phase within 6 months, an independent committee consisting of technocrat and non -effort, under the Palestinian government.”

Former Egyptian Foreign Minister: $ 30 billion to $ 100 billion necessary to restore gas

Arab states said the ultimate goal is to permit the “Palestinian national powers to return to the gas lane”.

Arab states called for “holding presidential and legislative elections in all Palestinian districts a year later when the appropriate conditions are available.” In a statement by CNBC, a high -ranking political official for Hamas said the group welcomed the election, saying that there was a demand for many years to give “Palestinian people to choose their representative leadership and their political path.”

There are still questions around how and when Hamas agreed with the scale, but the group told CNBC that the Arabic plan contained “positive elements, as well as a roadmap that is suitable for a practical offer.”

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