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The Federation of Egyptian Industries appreciates the political leadership initiative for the development and reconstruction of Palestine

The Federation of Egyptian Industries confirmed that President Abdel Fattah El-Sisi's initiative to allocate $ 500 million for the reconstruction of the Gaza Strip after the recent events comes within the framework of Egypt's historical role towards the Palestinian cause, which President Abdel Fattah El-Sisi translated into reality and reality.


"The Federation of Egyptian Industries is proudly following up on the development initiative and efforts undertaken by the Arab Republic of Egypt in terms of development and efforts at the diplomatic level to support Palestine, and declares its readiness to support this initiative with all the capabilities of the federation," the Federation of Industries said in a statement.


President Abdel Fattah El-Sisi announced that Egypt would provide an amount of 500 million dollars as an Egyptian initiative allocated for the benefit of the reconstruction process in the Gaza Strip as a result of recent events, with specialized Egyptian companies participating in the implementation of the reconstruction process.


This came during the president's participation in the tripartite summit on developments in the Palestinian territories, which was held this afternoon at the Elysee Palace in Paris with the participation of French President Emmanuel Macron and King Abdullah II bin Al Hussein, King of the Hashemite Kingdom of Jordan.