CAIRO — Egyptian President Abdel Fattah al-Sisi pledged Tuesday $500 million to help reconstruction efforts in Gaza, his office said, after a week of Israeli airstrikes on the Palestinian enclave.
“Egypt will provide $500 million… for the reconstruction process in the Gaza Strip as a result of recent events, with expert Egyptian construction companies implementing the rebuilding,” the presidency said in a statement.
Cairo has sought to mediate a ceasefire between Gaza’s Islamist rulers Hamas and Israel since the deadly violence erupted on May 10.
Since then, Israeli airstrikes have killed more than 200 Palestinians in Gaza, according to the Hamas-run health ministry.
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Keep on reading: Egypt pledges $500M to rebuild Gaza, sends medical aid