Trump Announces $10 Billion U.S. Aid for Gaza Redevelopment Project

February 19, 2026 • Google News World

Here is a rewritten version of the news article in a neutral newsroom style:

US to Commit $10 Billion to Board of Peace for Gaza Redevelopment

In a statement, US President Donald Trump announced that the United States will commit $10 billion to the Board of Peace for Gaza Redevelopment. The announcement was made during the first meeting of the board, which brought together members from various countries.

The board’s purpose is to oversee the redevelopment of Gaza, with some US allies expressing concerns about the initiative. Secretary of State Rubio stated that there is no “Plan B” for Gaza, emphasizing the need for its rebuilding.

The Board of Peace consists of individuals from authoritarian regimes and strongmen governments. The list of members includes those from countries such as Turkey, Egypt, and Saudi Arabia.

During the first meeting, Trump led the discussion while Hamas tightened its grip on Gaza. The board’s activities are expected to be closely monitored by international observers.

Details about the redevelopment plan have not been released, but officials have confirmed that the US will provide significant funding for the project.

Source: Google News World