Arab leaders approved Egypt’s $53 billion reconstruction plan for Gaza on Tuesday, rejecting U.S. President Donald Trump’s proposal for resettling Palestinians and instead advocating a Palestinian-led governance structure.
Speaking at the Cairo summit, Egyptian President Abdel Fattah al-Sisi announced that a temporary Palestinian technocratic committee would oversee aid distribution and governance until the Palestinian Authority (PA) returns to power.
Palestinian President Mahmoud Abbas welcomed the plan, urging U.S. support and reiterating that the PA remains the only legitimate authority in Palestinian territories.
The Gulf states, particularly Saudi Arabia and the UAE, are expected to play a key role in financing reconstruction. However, the continued armed presence of Hamas remains a sticking point in negotiations.
While Arab leaders push for a phased approach to Hamas disarmament, Israel insists the group must immediately surrender its weapons. Hamas, however, refuses to demilitarize, calling resistance non-negotiable.
For weeks, Egypt, Jordan, and Gulf states have been working on an alternative to Trump’s Gaza redevelopment plan, which envisioned Palestinian relocation and U.S.-led rebuilding.
The 112-page Egyptian proposal features housing developments, community centers, a commercial port, and an airport, aiming to revitalize Gaza without displacement.
While Israel may accept an Arab-backed governance model, officials demand immediate Hamas disarmament, warning that any delay is unacceptable.
As talks over Gaza’s future continue, the battle over its leadership and reconstruction remains unresolved.
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Two of China’s biggest electric-vehicle makers may have to return a combined 373 million yuan (about $53 million) in state aid after a government audit said nearly 22,000 cars sold up to 2020 should never have qualified for clean-energy incentives.
China said it is ready to "continuously" boost strategic coordination with Moscow. Chinese Foreign Minister Wang Yi told Russian counterpart Sergey Lavrov in Kuala Lumpur on Thursday that Beijing is prepared to help safeguard both countries’ security and development interests.
Russia’s health watchdog said on Friday it is monitoring an anthrax outbreak in Kazakhstan’s Akmola region, where two villages were quarantined after infections in cattle and local residents.
Belarus will play an active part in next month’s United Nations conference for landlocked developing countries in Turkmenistan, Foreign Minister Maksim Ryzhenkov told his Turkmen counterpart Rashid Meredov during a telephone call on Thursday.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
On July 4, Azerbaijani President Ilham Aliyev met with Turkish President Recep Tayyip Erdoğan in Khankendi, reaffirming the deep-rooted alliance between the two nations.
The 17th Summit of the Economic Cooperation Organization (ECO) was successfully held in Khankendi, Azerbaijan, highlighting the region’s revival and the deepening economic cooperation among member states.
France recorded over 100 drowning deaths in just one month — a 58% rise from last year — as unusually high temperatures drove more people to water, public health officials say.
Migration offset natural decline for the fourth consecutive year, pushing the European Union’s population to an historic high of 450.4 million in 2024, according to Eurostat figures released on Friday.
Germany’s public debt is projected to climb from 62.5% to 74% of GDP by 2030, driven by record defence and infrastructure spending, according to a report by the European rating agency Scope.
The global oil market may be tighter than headline supply-demand figures suggest, the International Energy Agency (IEA) said Friday, citing rising refinery activity and seasonal summer demand as key drivers of short-term market pressure.
China’s exports are expected to have grown 5% in June as manufacturers hurried goods abroad ahead of a 12 August deadline that could see the U.S. restore punitive tariffs, a Reuters survey of economists indicates.
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