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Egypt s Al-Sisi arrives in Djibouti on 1st presidential visit since 1977

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Egypt to allocate 500 mln USD for reconstructing Gaza Strip

Egypt to allocate 500 mln USD for reconstructing Gaza Strip Xinhua 19 May 2021, 02:05 GMT+10 CAIRO, May 18 (Xinhua) Egyptian President Abdel-Fattah al-Sisi pledged on Tuesday 500 million U.S. dollars for the reconstruction of the Gaza Strip witnessing escalated tensions. Due to the latest developments in Gaza Strip, Egypt will allocate 500 million dollars for the reconstruction of the Palestinian coastal enclave, the Egyptian Presidency posted on its Facebook page. Egyptian specialized companies will participate in the reconstruction work, it added. The initiative was announced by Sisi in a meeting with the French and the Jordanian counterparts in Paris for finding a possible path to the discussions between Israel and the Palestinians.

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