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UAE Funds Gaza Housing Project Amid Ceasefire Reconstruction

2/26/2026

Summary

Story summary

Masoud & Ali Contracting Co (MACC) plans to build a housing compound in Rafah, Gaza, potentially housing tens of thousands.
The project is part of Gaza's reconstruction after the Israel-Hamas ceasefire.
The United Arab Emirates pledged $2 billion for Gaza's reconstruction while coordinating with the United States.
Political analyst Reham Owda said using a local firm would be more acceptable to Gazans.
No work has started because Israeli approval is pending.

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Story summary

Masoud & Ali Contracting Co (MACC) plans to build a housing compound in Rafah, Gaza, potentially housing tens of thousands.
The project is part of Gaza's reconstruction after the Israel-Hamas ceasefire.
The United Arab Emirates pledged $2 billion for Gaza's reconstruction while coordinating with the United States.
Political analyst Reham Owda said using a local firm would be more acceptable to Gazans.
No work has started because Israeli approval is pending.