Sharm al-Sheikh, Egypt - World leaders who gathered for a donors conference in the Egyptian resort city of Sharm al-Sheikh on Monday urged swift action to rebuild the battered Gaza Strip, and pledged billions of dollars in reconstruction aid.
By Monday afternoon, donors came close to exceeding the 2.8 billion dollars in aid that Palestinian President Mahmoud Abbas had requested.
Persian Gulf states Saudi Arabia, Kuwait, and Qatar pledged 1.6 billion dollars, and said they would set up an office to handle the donations so the aid would not pass through either the Palestinian National Authority or Hamas, which has controlled the Gaza Strip since 2007.