Egypt's alternative to Trump's "Gaza Riviera" plan is expected to cost $53 billion and take five years. Cairo says it will host a conference for Gaza reconstruction next month.

Egypt received the support of Arab League, African Union, EU and UN Secretary-General for its plan to rebuild the Gaza Strip and ensure the Palestinian population can live in the enclave. Egypt’s proposal opposed the projects advocated by the United States and Israel,

Israel has meanwhile embraced what it says is an alternative U.S. proposal for the ceasefire itself and the release of hostages taken in Hamas’ Oct. 7, 2023, attack that triggered the war.

UN Secretary-General Antonio Guterres endorsed an Arab-driven strategy to aid Gaza's reconstruction. Egypt proposed the plan at an Arab League summit, aiming to oppose U.S. President Trump's Middle East "Riviera" idea.

The Arab summit in Cairo has adopted Egypt’s plan for Gaza’s reconstruction, opposing US President Donald Trump’s proposal to take control of the besieged enclave and expel Palestinians. pic.twitter.com/y5p8xHezrh

The Israeli foreign ministry said on Tuesday that the statement from the Arab summit held in Cairo to discuss Gaza's reconstruction "failed to address" the realities of the situation following Hamas' October 7 attack.

Egypt unveiled a $53 billion Gaza reconstruction plan with broad backing that would not displace Palestinians. The White House says it ignores reality.

Sisi poses for a picture with leaders as Egypt hosts emergency Arab summit to discuss Palestinian developments, at Egypt's New Administrative Capital in Cairo,. Egyptian Presidency/Handout via REUTERS CAIRO (Reuters) - An Arab summit convened in Cairo on Tuesday adopted an Egyptian plan for the reconstruction of Gaza,