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Egypt to allocate $500 mln for Gaza rebuilding effort: Presidency

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Egypt will allocate $500 million in funds for rebuilding efforts in the Gaza strip following Israeli air strikes, the Egyptian presidency said on Tuesday.

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Egyptian companies will also participate in rebuilding operations, the statement added in an announcement that came following a meeting between President Abdel Fattah al-Sisi, French President Emmanuel Macron and Jordan’s King Abdullah in Paris.

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