Breaking 17:00 Rave files antitrust lawsuit against Apple over App Store removal 16:45 BlackRock reduces private credit fund valuation by 5% in first quarter 16:20 Nvidia's Jensen Huang calls AI job loss warnings ridiculous and attacks rivals' God complex 16:15 United States sanctions Iraqi oil official and militias over alleged Iran ties 15:56 European climate model puts odds of a super El Niño by November at 100 percent 15:45 Whirlpool shares plunge after weak revenue and dividend suspension 15:23 Rubio visits Rome to ease Trump's rift with the Vatican and Italy 15:00 Trump and Lula meet at White House to address tariffs, minerals and security ties 14:30 Blackstone marks down private credit fund amid software sector concerns 13:02 Anthropic's Claude guided hackers toward water infrastructure control systems in documented cyberattack, report finds 13:00 US Jobless claims rise slightly as labor market remains stable 10:57 Ted Turner, CNN founder and American media pioneer, dies at 87 10:34 US Navy fighter jet disables Iranian tanker defying American naval blockade in Gulf of Oman 10:30 Brazil’s Lula visits Washington in bid to ease trade tensions with Trump 10:17 North Korea declares itself not bound by nuclear non-proliferation treaty at UN conference 10:00 Interpol operation leads to nearly 270 arrests in global medicine trafficking crackdown 10:00 Three US states monitor residents who traveled on hantavirus cruise ship as Andes strain confirmed 09:30 United States condemns Polisario attack on Es-Smara 09:00 Apple R&D spending tops 10 percent of revenue for first time as iPhone drives record quarter 08:37 Australian firm claims 3,000-fold quantum speedup over classical computing on real-world problem 08:16 Chinese chipmakers rally around DeepSeek V4 as Washington tightens AI export controls 08:00 General Motors recalls more than 40,000 vehicles in the United States over brake fluid issue 07:55 Mercedes opens European orders for its all-electric C-Class sedan starting at 67,000 euros 07:21 AI agent leaks passwords after simple social engineering trick in live experiment 07:01 Scientists identify 1,700 unknown proteins hidden in the human dark proteome

Gaza’s reconstruction requires over $53 billion, says UN

Wednesday 12 February 2025 - 15:38
Gaza’s reconstruction requires over $53 billion, says UN

The United Nations has estimated that Gaza will need more than $53 billion to recover from the ongoing war with Israel, which has also impacted other Palestinian territories. According to a report released on Tuesday, at least $20 billion will be required within the first three years of reconstruction.  

UN Secretary-General Antonio Guterres described the situation in Gaza as a "humanitarian catastrophe." The report stressed that rebuilding efforts cannot proceed without a stable political and security framework, emphasizing the need to end Israel’s occupation and make progress toward a two-state solution.  

The destruction in Gaza has been extensive, with schools, hospitals, and homes largely reduced to rubble due to continuous Israeli military strikes, despite a fragile ceasefire. The UN estimates that:  

  • $15.2 billion will be needed for rebuilding homes.  
  • $6.9 billion will be required for commerce and industry.  
  • $6.9 billion must be allocated for the health sector.  
  • $4.2 billion is necessary to revive agriculture.  
  • $2.9 billion will be used to repair transportation networks.  
  • $2.7 billion is needed for water and sanitation.  
  • $2.6 billion must be invested in education.  

Additionally, clearing environmental hazards, including unexploded ordnance and toxic debris, will require $1.9 billion. The report noted that over 60% of Gaza’s homes have been destroyed, leaving behind more than 50 million tons of debris that contain dangerous materials.  

Guterres emphasized that the Palestinian Authority should take the lead in reconstruction. The UN General Assembly had previously called for an immediate ceasefire and ordered a comprehensive damage assessment to be completed within two months, which was finalized on January 30.  

The report was released just days before the US President Donald Trump proposed an internationally condemned plan to "take over" Gaza, clear the rubble, and redevelop it into the "Riviera of the Middle East." His idea faced widespread criticism from global leaders, including those in the Arab world and the Palestinian community.  

During a oint press conference at the White House, Jordan’s King Abdullah was asked whether Arab nations had agreed to Trump’s plan. He pointed to an alternative initiative from Egypt and other Arab countries, stating that discussions were ongoing.  

An Arab official, speaking anonymously to CNN, stated that the US has not fully developed Trump’s plan. In contrast to Trump’s controversial proposal, Arab leaders insist that any future vision for Gaza must preserve Palestinian sovereignty and prevent forced displacement. 


  • Fajr
  • Sunrise
  • Dhuhr
  • Asr
  • Maghrib
  • Isha

Read more

This website, walaw.press, uses cookies to provide you with a good browsing experience and to continuously improve our services. By continuing to browse this site, you agree to the use of these cookies.