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Egypt promises $500 million to Gaza, excludes Hamas

Egypt's relations with Hamas have improved greatly, but Cairo insists on keeping Gaza's reconstruction money out of its hands.
This picture taken on May 31, 2021 shows a view of a banner depicting Egypt's President Abdel Fattah al-Sisi with a quote from him reading in Arabic "the Palestinian issue will remain at the top of the priorities of the Egyptian state", amidst preparations to receive a visiting Egyptian intelligence delegation in Gaza City.

CAIRO — Egypt is talking more to Hamas than ever before, but funds destined for the reconstruction of the Gaza Strip will soon be a new contentious issue between the two sides, say political and security analysts.

"The reconstruction money will become the center of conflicts between the two sides in the future," Samir Ghattas, head of the Egyptian think tank Middle East Forum for Strategic Studies and National Security, told Al-Monitor. "There is belief in Cairo that Hamas will use the money for purposes other than reconstruction if it lays its hands on it."

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