Nigeria, March 5 -- Arab leaders have unanimously agreed on a five-year, $53 billion reconstruction plan for Gaza, countering a proposal by U.S. President Donald Trump to "take over" the coastal enclave.

The decision was made during an emergency summit in Cairo, where leaders pledged to rebuild Gaza without displacing Palestinians.

Arab Leaders Endorse Egypt's Reconstruction Plan The summit saw the endorsement of Egypt's comprehensive plan for rebuilding Gaza, which will begin with urgent relief efforts and eventually lead to full reconstruction.

The plan, which received Hamas' approval, proposes that an independent group of Palestinian technocrats manage Gaza in the interim, with the armed group ceding power until a reformed Palesti...