The foreign ministers of France, Germany, Italy and Britain welcomed the plan, which calls for Gaza to be rebuilt over five years.

"Gaza 2030" was put forward by Egyptian President Abdel Fattah el-Sisi and approved at an emergency summit of the Arab League in Cairo on Tuesday, with the group's secretary-general Ahmed Aboul Gheit announcing: "The Egypt plan is now an Arab plan."

With the current ceasefire and hostage release deal between Israel and Hamas stalled, Arab leaders say they have a plan to rebuild Gaza. The proposal has several built-in challenges, and reactions so far are mixed.