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Live Blog Update| Israel's genocide in Gaza

Egypt’s $53bn Gaza reconstruction plan unveiled

Egypt’s ambitious $53bn plan to rebuild Gaza details extensive redevelopment efforts, according to a document seen by Reuters on Tuesday.

The 112-page proposal outlines new urban landscapes, featuring AI-generated images of housing complexes, gardens and community centres.

  • The early recovery phase, spanning six months, focuses on clearing rubble and setting up temporary housing.

  • In the first two years, 200,000 housing units will be constructed.

  • The second phase, lasting two and a half years, includes another 200,000 housing units and the construction of an airport.

It envisions a commercial harbour, a technology hub, and beachfront hotels, aiming to restore an area devastated by relentless Israeli bombardment.