Saudi Arabia promises $500 million for Gaza rebuilding


  • World
  • Thursday, 18 Sep 2014

GAZA (Reuters) - Saudi Arabia has pledged $500 million (£306.1 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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