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Egypt, Qatar, Kuwait to Fund Separate Reconstruction Projects in Gaza

A truck brought cement through the Kerem Shalom crossing into Gaza at the beginning of September (AFP)
A truck brought cement through the Kerem Shalom crossing into Gaza at the beginning of September (AFP)
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Egypt, Qatar, Kuwait to Fund Separate Reconstruction Projects in Gaza

A truck brought cement through the Kerem Shalom crossing into Gaza at the beginning of September (AFP)
A truck brought cement through the Kerem Shalom crossing into Gaza at the beginning of September (AFP)

Member of the Islamic Jihad movement Daoud Shehab has hailed talks with Egyptian officials on reconstruction in the Gaza Strip, which he said will start in the coming weeks.

He told a local radio station that Cairo informed the Islamic Jihad that the delivery of required construction materials will take place without any conditions.

His remarks were made days after the Egyptian presidency and Qatari envoy Mohammed Al-Emadi announced that the reconstruction will kick off in Gaza soon.

Earlier in the week, Spokesman for the Egyptian Presidency Bassam Rady said that the presidency announced it will start reconstruction work in the Palestinian enclave in the coming days.

The first phase of removing rubble is complete through the Egyptian $500 million initiative to reconstruct Gaza, Rady said.

Days earlier, Emadi announced that the access of construction materials to Gaza has been agreed upon.

Asharq Al-Awsat newspaper was informed by sources that the Egyptians and Qataris will fund projects separately.

The sources added that the factions have been formally informed about the move.

Head of Palestinian Contractors' Union Alaa El-Din Al Araj said that Kuwait would fund the construction of residential buildings.

The construction materials are expected to start arriving in Gaza next week.

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Sisi: Electricity Interconnection Projects with Saudi Arabia a Model for Regional Cooperation

Sisi met with Prime Minister Mostafa Madbouly, Minister of Electricity and Renewable Energy Mahmoud Esmat, and Minister of Petroleum and Mineral Resources Karim Badawy. (Egyptian Presidency)
Sisi met with Prime Minister Mostafa Madbouly, Minister of Electricity and Renewable Energy Mahmoud Esmat, and Minister of Petroleum and Mineral Resources Karim Badawy. (Egyptian Presidency)
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Sisi: Electricity Interconnection Projects with Saudi Arabia a Model for Regional Cooperation

Sisi met with Prime Minister Mostafa Madbouly, Minister of Electricity and Renewable Energy Mahmoud Esmat, and Minister of Petroleum and Mineral Resources Karim Badawy. (Egyptian Presidency)
Sisi met with Prime Minister Mostafa Madbouly, Minister of Electricity and Renewable Energy Mahmoud Esmat, and Minister of Petroleum and Mineral Resources Karim Badawy. (Egyptian Presidency)

Egyptian President Abdel Fattah al-Sisi affirmed that the electrical interconnection project with Saudi Arabia represents a model of regional energy cooperation and a benchmark for future similar ventures in electrical connectivity, directing close monitoring of all project details.
Sisi made these remarks during a meeting with Prime Minister Mostafa Madbouly, Minister of Electricity and Renewable Energy Mahmoud Esmat, and Minister of Petroleum and Mineral Resources Karim Badawy.
According to a statement by the Egyptian presidency on Sunday, the discussion reviewed the status of electrical interconnection projects between Egypt and Saudi Arabia, emphasizing their importance in enhancing grid efficiency and stability while optimizing the use of generation capacity during peak demand periods.
Cairo and Riyadh signed an agreement in 2012 to establish the electrical interconnection project at a cost of $1.8 billion, with Egypt contributing $600 million (1 USD = 49.65 EGP in local banks). In a government meeting in mid-October, Madbouly announced that the interconnection line is expected to become operational in May or June of next year, with an initial capacity of 1,500 megawatts.
This initiative is the first of its kind to enable high-voltage direct current (HVDC) power exchange in the Middle East and North Africa region. It connects Badr City in Egypt to Medina via Tabuk in Saudi Arabia. Late last month, Madbouly highlighted that the project, set to produce 3,000 megawatts in two phases, is a landmark achievement for Egypt’s energy sector.
Presidential spokesperson Mohamed al-Shenawy stated that the meeting also highlighted the progress on the Dabaa Nuclear Power Plant. The project is seen as vital to Egypt’s comprehensive development strategy, which aims to diversify energy sources through renewable and alternative means, improving service delivery to citizens.
Located in northern Egypt, the Dabaa plant will consist of four nuclear reactors with a combined capacity of 4,800 megawatts (1,200 megawatts per reactor). The first reactor is expected to be operational by 2028, with the others coming online sequentially. The Egyptian government has pledged to fulfill its commitments to ensure the project meets its scheduled timeline.
The president also directed the government to intensify efforts to attract investments in the energy sector, develop the management of the national gas grid, and ensure stable energy supplies for both electricity and industrial sectors. Furthermore, he urged rapid progress on renewable energy projects to diversify energy sources, expand grid capacity, and modernize the network using advanced technologies to enhance efficiency and reduce losses.