US President Donald Trump speaks in the Oval Office at the White House. EPA
US President Donald Trump speaks in the Oval Office at the White House. EPA
US President Donald Trump speaks in the Oval Office at the White House. EPA
US President Donald Trump speaks in the Oval Office at the White House. EPA

Trump calls Gaza takeover plan a ‘real estate transaction’


Jihan Abdalla
  • English
  • Arabic

President Donald Trump on Friday described his plan to move Palestinians out of Gaza and have the US take ownership of the coastal enclave as a “real estate transaction”.

Speaking to reporters from the Oval Office, where he was meeting Japanese Prime Minister Shigeru Ishiba, Mr Trump added that there was “no rush to do anything”.

During a news conference with Israeli Prime Minister Benjamin Netanyahu at the White House on Tuesday, Mr Trump said the US would take ownership of Gaza and turn it into the “Riviera of the Middle East”.

He also said that the roughly two million Palestinians who live there would need to move out. At first he said they would need to leave indefinitely, but his administration has since indicated the move would be temporary.

“We don't want to see everybody move back and then move out in 10 years,” he said on Friday.

The plan has drawn intense opposition from Palestinians, Arab nations and many global leaders who say the idea of the forcible removal of a civilian population is a grave political and moral injustice. The UN said such a move would violate international law.

Mr Trump reiterated that no US troops would be needed on the ground and that Gaza would be “handed over” to the US from Israel. He also said the US would not be paying for the reconstruction itself.

“We won't need anybody; everything would be supplied and given to us by Israel,” he said. “They'll watch it in terms of security.”

He then repeated his claim that the move would advance peace in the region.

Mr Trump had initially suggested that Egypt and Jordan – two countries that have signed peace agreements with Israel – take displaced Palestinians. Both nations have unequivocally rejected the suggestion, and Jordan's King Abdullah II and Egypt's President Abdel Fattah El Sisi are likely to raise the issue with Mr Trump during their upcoming respective visits to Washington.

The developments come nearly three weeks after a ceasefire and hostage exchange agreement in Gaza took effect, ending more than 15 months of war.

The war was ignited on October 7, 2023, when Hamas gunmen attacked Israel, killing 1,200 and taking scores of hostages. More than 47,500 Palestinians have been killed and most of the coastal enclave has been reduced to rubble.

Mr Trump has called Gaza a “demolition site” and estimated that it would take 10 to 15 years to rebuild.

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UAE currency: the story behind the money in your pockets
The specs

Engine: 2.0-litre 4-cylinder turbo

Power: 240hp at 5,500rpm

Torque: 390Nm at 3,000rpm

Transmission: eight-speed auto

Price: from Dh122,745

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What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

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Courtesy: Crystal Intelligence

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Creator: Jenna Lamia

Rating: 3/5

Founders: Ines Mena, Claudia Ribas, Simona Agolini, Nourhan Hassan and Therese Hundt

Date started: January 2017, app launched November 2017

Based: Dubai, UAE

Sector: Private/Retail/Leisure

Number of Employees: 18 employees, including full-time and flexible workers

Funding stage and size: Seed round completed Q4 2019 - $1m raised

Funders: Oman Technology Fund, 500 Startups, Vision Ventures, Seedstars, Mindshift Capital, Delta Partners Ventures, with support from the OQAL Angel Investor Network and UAE Business Angels

In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

Global state-owned investor ranking by size

1.

United States

2.

China

3.

UAE

4.

Japan

5

Norway

6.

Canada

7.

Singapore

8.

Australia

9.

Saudi Arabia

10.

South Korea

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Labour dispute

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- Abdullah Ishnaneh, Partner, BSA Law 

Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
Updated: February 07, 2025, 7:07 PM`