Gulf countries pledge over $4 billion to Trump’s Board of Peace
Board of Peace and Gulf countries' heads. File Photo
Board of Peace and Gulf countries' heads. File Photo
Washington (Web Desk): Several Gulf countries pledge over $4 billion to Trump’s Board of Peace, signaling strong financial backing for Gaza peace efforts.

Several Gulf nations have pledged more than $4 billion in combined support to United States President Donald Trump’s Board of Peace. The announcements came during the board’s first meeting in Washington.

Qatar and Saudi Arabia each committed $1 billion. Kuwait also pledged $1 billion over the coming years. The United Arab Emirates announced an additional $1.2 billion to support Gaza through the board.

Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani said Doha “reaffirms its commitment to the Board of Peace as it was committed to the very first day of the mediation efforts”.

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He said, “Our responsibility remains to achieve a just and lasting resolution,” adding that the board under President Trump “will advance the full implementation of the 20-point plan without delay, ensuring fairness and justice for both Palestinians and Israelis”.

 “In this spirit, Qatar pledges $1 billion in support of the board’s mission aimed at reaching a final resolution that fulfils Palestinian aspirations for statehood and recognition and Israeli aspirations for security and integration,” he added.

Saudi Minister of State for Foreign Affairs Adel Al-Jubeir also announced a $1 billion pledge. He referred to the 2002 Arab Peace Initiative and said Saudi Arabia remains committed to peace, stability, and regional integration.

Kuwaiti Foreign Minister Sheikh Jarrah Jaber Al-Ahmad Al-Sabah said Kuwait’s $1 billion pledge reflects its continued support for the Palestinian cause and international peace efforts.

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UAE Foreign Minister Abdullah bin Zayed Al Nahyan said Abu Dhabi has already provided nearly $3 billion in aid to Palestinians in Gaza since October 2023 and will now add $1.2 billion more through the board.

During the meeting, Trump announced that the United States would contribute $10 billion to the board. He said Kazakhstan, Azerbaijan, UAE, Morocco, Bahrain, Qatar, Saudi Arabia, Uzbekistan, and Kuwait have collectively pledged more than $7 billion.

He added that the UN Office for the Coordination of Humanitarian Affairs is raising an additional $2 billion, while Japan plans to host a major fundraising event.