Arab summit to focus on Egypt's alternative to Trump's 'Gaza Riviera' | The Business Standard
Skip to main content
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Thursday
June 19, 2025

Sign In
Subscribe
  • Latest
  • Epaper
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
THURSDAY, JUNE 19, 2025
Arab summit to focus on Egypt's alternative to Trump's 'Gaza Riviera'

Middle East

Reuters
04 March, 2025, 07:25 pm
Last modified: 04 March, 2025, 07:39 pm

Related News

  • Gaza rescuers say 18 killed by Israeli fire
  • Israeli fire kills 140 in Gaza in 24 hours, medics say, as attention shifts to Iran
  • Israeli tank shelling kills 51 people awaiting aid trucks in Gaza, ministry says
  • 40 killed in Gaza, many trying to reach food, as UN denounces Israeli-backed aid system
  • Israeli firing kills 41 people in Gaza, medics say

Arab summit to focus on Egypt's alternative to Trump's 'Gaza Riviera'

Reuters
04 March, 2025, 07:25 pm
Last modified: 04 March, 2025, 07:39 pm
Palestinians walk past the rubble of buildings, amid a ceasefire between Israel and Hamas, in Khan Younis, in the southern Gaza Strip, February 27, 2025. REUTERS/Ramadan Abed/File Photo
Palestinians walk past the rubble of buildings, amid a ceasefire between Israel and Hamas, in Khan Younis, in the southern Gaza Strip, February 27, 2025. REUTERS/Ramadan Abed/File Photo

Egypt was expected to present a reconstruction plan for Gaza to Arab leaders in Cairo on Tuesday that would cost $53 billion over five years and avoid resettling Palestinians, in contrast to U.S. President Donald Trump's idea of developing a "Middle East Riviera", according to a copy of the plan seen by Reuters.

It was expected that the plan would be adopted in the final communique to be released at the end of the summit on Tuesday evening. Reuters has seen a draft of the final communique.

Neither the reconstruction plan nor the communique addresses the big unanswered question in negotiations over the future of the Palestinian enclave shattered by 15 months of Israel's war with Hamas - who will rule it?

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

The communique only mentioned what it called support for a Palestinian decision to form an administrative committee for Gaza affairs, and did not tackle the explosive issue of what Hamas' role would be after the war ended.

Arab leaders were also expected to call for elections in the West Bank and Gaza in one year, according to the draft final communique.

An earlier draft of an Egyptian political plan seen by Reuters on Monday indicated Cairo was pushing for Hamas to be sidelined and replaced by bodies controlled by Arab, Muslim and Western states. It was unclear if Egyptian officials would also be presenting the political plan at Tuesday's summit.

Egypt's reconstruction plan did not specify who would fund the reconstruction of an enclave that has been reduced to rubble.

Any proposal would require heavy buy-in from oil-rich Gulf Arab states such as the United Arab Emirates and Saudi Arabia, who have the billions of dollars needed.

The UAE, which sees Hamas as an existential threat, wants an immediate and complete disarmament of the Palestinian militant group, while other Arab countries advocate a gradual approach, a source close to the matter said.

Aid trucks were stuck in a long line at Egypt's Rafah border crossing on Sunday, after Israel blocked them from going into Gaza as a standoff over a truce with Hamas escalated.

Hamas, founded in 1987 by Egypt's Muslim Brotherhood during the first Palestinian Intifada, or uprising, has said it rejects any solution imposed on the Gaza Strip by outsiders.

It is designated a terrorist group by Israel, the United States, the European Union, Britain and other countries. Hamas characterizes its armed activities as resistance against Israeli occupation.

ALTERNATIVE TO TRUMP PLAN

The draft of the summit's final communique calls on the international community and financial institutions to quickly provide support for the Egyptian vision for Gaza.

Egypt, Jordan and Gulf Arab states have for almost a month been consulting over an alternative to Trump's ambition for an exodus of Palestinians and a U.S. rebuild of Gaza, which they fear would destabilise the entire region.

Egypt's Reconstruction Plan for Gaza is a 112-page document that includes maps of how its land would be re-developed and dozens of colourful AI-generated images of housing developments, gardens and community centres. The plan includes a commercial harbour, a technology hub, beach hotels and an airport.

The reconstruction plan projects that rebuilding the enclave would take five years and the first two-year phase would cost $20 billion and involve building 200,000 housing units.

Israel was unlikely to oppose an Arab entity taking responsibility for Gaza's government if Hamas was off the scene, said another source familiar with the matter.

Senior Hamas official Sami Abu Zuhri told Reuters the group rejected any attempt to impose projects or any form of non-Palestinian administration, or the presence of any foreign forces on Gaza Strip territory.

"We are keen for the success of the summit, and we hope that there will be a call to reject the displacement and to protect the right of our people in resisting the occupation and governing itself away from any custodianship and intervention," he added.

The draft communique firmly rejects the mass displacement of Palestinians from Gaza, which the US proposed and Arab states such as Egypt and Jordan see as a security threat.

Hamas fighters stormed southern Israel on October 7, 2023, killing 1,200 people and taking more than 250 hostages, according to Israeli tallies, and starting the Gaza war.

More than 48,000 people have been killed in Israel's assault on Gaza since then, according to Palestinian health officials.

Since Hamas drove the Palestinian Authority out of Gaza after a brief civil war in 2007, it has crushed all opposition there.

World+Biz

Trump Gaza plan / Arab summit / Gaza

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Emergency workers at Soroka Medical Center after an Iranian missile strike, Israel June 19, 2025. Photo: Reuters
    Iran's leader 'cannot continue to exist', Israeli defence minister says after hospital strike
  • Screengrab
    No consensus yet on presidential election, PM term limit key for BNP: Salahuddin
  • Vice-Chair of the National Consensus Commission Ali Riaz briefing reporters on 19 June. Photo: Screengrab
    Most parties agree upon amending presidential election process, BNP for existing method

MOST VIEWED

  • BAT Bangladesh to shut Mohakhali factory, relocate HQ after lease rejection
    BAT Bangladesh to shut Mohakhali factory, relocate HQ after lease rejection
  • Logo of Beximco Group. Photo: Collected
    Beximco defaults on €33m in Germany, Deshbandhu owes Czech bank €4m
  • Students attend their graduation ceremony. REUTERS/Brian Snyder/File Photo
    US resumes student visas but orders enhanced social media vetting
  • Mashrur Arefin appointed Chairman of the Association of Bankers Bangladesh
    Mashrur Arefin appointed Chairman of the Association of Bankers Bangladesh
  • Logo of Beximco Group. Photo: Collected
    BSEC to probe overall operations of five listed firms, three belongs to Beximco
  • Infographics: TBS
    Pvt sector's foreign loan rises by $454m on stable exchange rate, reserve in three months

Related News

  • Gaza rescuers say 18 killed by Israeli fire
  • Israeli fire kills 140 in Gaza in 24 hours, medics say, as attention shifts to Iran
  • Israeli tank shelling kills 51 people awaiting aid trucks in Gaza, ministry says
  • 40 killed in Gaza, many trying to reach food, as UN denounces Israeli-backed aid system
  • Israeli firing kills 41 people in Gaza, medics say

Features

Evacuation of Bangladeshis: Where do they go next from conflict-ridden Iran?

Evacuation of Bangladeshis: Where do they go next from conflict-ridden Iran?

1d | Panorama
The Kallyanpur Canal is burdened with more than 600,000 kilograms of waste every month. Photo: Courtesy

Kallyanpur canal project shows how to combat plastic pollution in Dhaka

2d | Panorama
The GLS600 overall has a curvaceous nature, with seamless blends across every panel. PHOTO: Arfin Kazi

Mercedes Maybach GLS600: Definitive Luxury

3d | Wheels
Renowned authors Imdadul Haque Milon, Mohit Kamal, and poet–children’s writer Rashed Rouf seen at Current Book Centre, alongside the store's proprietor, Shahin. Photo: Collected

From ‘Screen and Culture’ to ‘Current Book House’: Chattogram’s oldest surviving bookstore

4d | Panorama

More Videos from TBS

Bribery exposed: BBS report reveals year’s dark data

Bribery exposed: BBS report reveals year’s dark data

12m | TBS Today
Is the story of nuclear weapons just to justify military operations?

Is the story of nuclear weapons just to justify military operations?

1h | TBS World
What are the political parties saying about the presidential election and power?

What are the political parties saying about the presidential election and power?

1h | TBS Today
Pakistan Army Chief urges US not to get involved in Iran-Israel war

Pakistan Army Chief urges US not to get involved in Iran-Israel war

2h | Others
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net