GAZA - Saudi Arabia has pledged $500 million to help rebuild Gaza, Palestinian Prime Minister Rami Al-Hamdallah said on Thursday, with the full cost of post-war reconstruction expected to be around $4 billion over three years.
Saudi Arabia's commitment comes ahead of a conference in Cairo on Oct. 12 when Palestinian leaders hope other donors, including Turkey, Qatar, the European Union and United States, will step forward with promises of support.
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console.log("catid body is "+catID);if(catID==120){document.getElementsByClassName("divConnatix")[0].style.display ="none";var script = document.createElement('script'); script.src = 'https://player.anyclip.com/anyclip-widget/lre-widget/prod/v1/src/lre.js'; script.setAttribute('pubname','jpostcom'); script.setAttribute('widgetname','0011r00001lcD1i_12258'); document.getElementsByClassName('divAnyClip')[0].appendChild(script);}else if(catID!=69 && catID!=2){ document.getElementsByClassName("divConnatix")[0].style.display ="none"; var script = document.createElement('script'); script.src = 'https://static.vidazoo.com/basev/vwpt.js'; script.setAttribute('data-widget-id','60fd6becf6393400049e6535'); document.getElementsByClassName('divVidazoo')[0].appendChild(script); }"Saudi Arabia has initiated donations by pledging $500 million," Hamdallah told reporters in Gaza, speaking via video conference from the West Bank. He said he hoped further pledges would cover the full cost of reconstruction in time.