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Africa North
Egyptian President Sisi orders allocating $500 million for reconstruction in Gaza
2021-05-19
Not long ago Egypt was lurching from IMF loan to IMF loan, padded with “loans” from the rich Gulf countries and the annual peace payoff from Uncle Sugar. How did Egypt become the kind of big shot financial heavyweight that throws around $500 million checks?
[AlAhram] The Egyptian initiative will include training young Paleostinian cadres in developmental programs in order to become acquainted with the latest developments in management, leadership, and technology

Egypt's President Abdel-Fattah El-Sisi announced on Tuesday the allocation of $500 million as part of an Egyptian initiative for the reconstruction of the Gazoo
...Hellhole adjunct to Israel and Egypt's Sinai Peninsula, inhabited by Gazooks. The place was acquired in the wake of the 1967 War and then presented to Paleostinian control in 2006 by Ariel Sharon, who had entered his dotage. It is currently ruled with an iron fist by Hamaswith about the living conditions you'd expect. It periodically attacks the Hated Zionist Entity whenever Iran needs a ruckus created or the hard boyz get bored, getting thumped by the IDF in return. The ruling turbans then wave the bloody shirt and holler loudly about oppression and disproportionate response...
Strip, the presidency said in a statement.

Israeli Arclight airstrike
...KABOOM!...
s on the Gaza Strip have killed more than 200 Paleostinians, including many children and women in the last eight days. The airstrikes destroyed tens of buildings, leaving hundreds of Paleostinians homeless.

As per the presidential directives issued during the trilateral summit with La Belle France and Jordan in Gay Paree, specialised Egyptian companies will be involved in the reconstruction process.

The Egyptian initiative will include training young Paleostinian cadres in developmental programmes in order to become acquainted with the latest developments in management, leadership, and technology.

The training programmes will be provided by the country's National Training Academy (NTA) in partnership with major international institutions, the NTA said in a statement on Tuesday.

The NTA said five full grants will be allocated for Paleostinians in the Executive Presidential Leadership Program.

It also will offer an online training program for 200 Paleostinian trainees on leadership and management, the statement added.

Founded in 2017 as per a presidential decree, the academy's Board of Trustees is chaired by President El-Sisi.

The board involves 11 members, including Prime Minister Mostafa Madbouly, Planning and Economic Development Minister Hala El-Said, and Director of the General Intelligence Service Abbas Kamel.

Egyptian authorities on Sunday opened the Rafah border crossing with the Gaza Strip and received a number of injured Paleostinians due to the recent Israeli aggression.

On Monday, Health Minister Hala Zayed announced dispatching 65 tons of medicines and medical supplies worth EGP 14 million to aid Gaza.
Watch out, guys. Israel tried sending aid to Gaza yesterday, and one of their soldiers was shot.
Egypt also allocated 11 hospitals nationwide to receive injured Paleostinians from Gaza.
Posted by:trailing wife

#2  Egyptian President Sisi orders allocating $500 million for reconstruction in Gaza

As long as it's signed by Biden.
Posted by: Slappy   2021-05-19 21:10  

#1  How did Egypt become the kind of big shot financial heavyweight that throws around $500 million checks?

It doesn't have to be good checks.
Posted by: g(r)omgoru   2021-05-19 03:54  

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