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EU launches $1 billion aid initiative for Gaza

Middle East News

13-07-2026 | 06:41

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EU launches $1 billion aid initiative for Gaza

The European Commission said on Monday it had launched an initiative with 15 partners to deliver €883.6 million ($1 billion) in aid ⁠to Gaza.

It said the "Team Gaza Initiative", launched at the Palestine Donor Group meeting in Brussels, would support ongoing and planned early ⁠recovery projects for the people of Gaza.

Twelve European countries and Japan ⁠joined the initiative, together with the World Bank ⁠and the European Investment Bank, the ⁠Commission said.

Reuters

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