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Gaza firm to build UAE-funded housing compound in Israeli-held south: Reuters

The Gaza-based Masoud & Ali Contracting Co partners with Egyptian firms for a 74-acre UAE-funded housing project to house tens of thousands displaced by war.

  • On Feb 25, Reuters reported Masoud & Ali Contracting Co , a Gaza-based contractor, was contracted to build an Emirati-funded compound near Rafah to house tens of thousands of displaced Palestinians.
  • The UAE pledged $1.2 billion for Gaza last week at a Board of Peace conference as part of President Donald Trump's Gaza reconstruction plan managed by the Board of Peace.
  • The Gaza-based firm will lead construction, partnering with two Egyptian partner firms after being contracted by a large Egyptian company; MACC has built infrastructure funded by the World Bank and USAID.
  • No on-the-ground work has yet begun because Israel's military has yet to approve plans and site access remains unresolved near Rafah, Gaza.
  • The UAE has not formally announced the project dubbed 'Emirates City', and Reham Owda, Palestinian political analyst, said it would be `more acceptable to Gazans` and help employ Gaza's workforce.
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Near Rafah in the Israeli-controlled area of the Gaza Strip, a settlement is to be built for tens of thousands of Palestinians. Financialists are the United Arab Emirates. However, official confirmation is still pending.

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  • 60% of the sources lean Left
60% Left

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Reuters broke the news in United Kingdom on Wednesday, February 25, 2026.
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