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Egyptian banks to receive donations for Gaza

El-Sisi announced the allocation of $500 million toward Gaza’s rebuilding efforts following Israeli airstrikes.
El-Sisi announced the allocation of $500 million toward Gaza’s rebuilding efforts following Israeli airstrikes. (AFP)
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Updated 20 May 2021

Egyptian banks to receive donations for Gaza

Egyptian banks to receive donations for Gaza

CAIRO: Egypt President Abdel Fattah El-Sisi has launched a fundraising account in all Egyptian banks to help support the reconstruction of Gaza following days of conflict with Israel.

The Long Live Egypt Fund, affiliated with the Egyptian presidency, said that the account will receive contributions from inside and outside the country for the rebuilding of Gaza, and to meet the living and medical needs of Palestinians.

This account is separate from the $500 million Egyptian initiative for the reconstruction of Gaza.

The Long Live Egypt Fund is planning to send more than 100 containers of humanitarian aid to the Gaza Strip under the slogan “We Share for Humanity.”

Earlier, El-Sisi announced the allocation of $500 million toward Gaza’s rebuilding efforts following Israeli airstrikes.

Prime Minister Mostafa Madbouly said that the relevant ministries and authorities will begin implementing the Egyptian initiative.

He highlighted the important role played by political leadership to contain the situation in Gaza, end the escalation and restore stability.