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Egyptian Firms Set to Lead $50 Billion Gaza Reconstruction

10/15/2025

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Story summary
  • Egyptian companies are positioned to lead Gaza reconstruction after the peace agreement announced by U.S. President Donald Trump.
  • Executives report a surplus of construction materials in Egypt ready for rebuilding.
  • Trump calls the agreement a momentous breakthrough and urges a new civilian police force.
  • He says wealthy nations have pledged support totaling about $50 billion.
  • The plan includes a ceasefire, hostage exchanges, aid resumption, and a Board of Peace.