She confirmed in statements to Western media, “the fund’s readiness to cooperate with the international community to support Gaza and the affected regional economies, including Egypt and Jordan.” Brooks indicated that “Egypt’s growth forecast has increased to 4.3% in 2025 and 4.5% in 2026, driven by a recovery in tourism and support for non-oil manufacturing industries, which offset the decline in Suez Canal revenues. The canal’s activities and mining are expected to recover next year, 2026.
Yesterday, Monday, Egypt hosted a peace summit in Sharm El-Sheikh, chaired by Egyptian President Abdel Fattah El-Sisi and his American counterpart Donald Trump, with the participation of delegation leaders from about 20 countries. It was described as a historical moment as part of cementing the peace process in the Middle East by ending the war in Gaza, rebuilding the region, and reaching a political settlement for the Palestinian issue.
Trump announced yesterday at a press conference during the Sharm El-Sheikh peace summit in Gaza, attended by several regional and international leaders, that the signing of the war cessation document between “Hamas” and Israel, which he described as “historic,” is part of the efforts to achieve peace in the Middle East.
