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Israeli with Cypriot Passport Behind Trump's Gaza Reconstruction Plan

Published January 27, 2026, 10:15
Israeli with Cypriot Passport Behind Trump's Gaza Reconstruction Plan

An Israeli national with a Cypriot passport, Yair Gabbai, is at the center of the American plan for the reconstruction of Gaza, under the auspices of the 'Board of Peace' promoted by Donald Trump and Jared Kushner. Gabbai, a billionaire real estate investor with a low profile, took on the task of shaping the economic and development aspect of the plan, focusing on infrastructure, schools, housing, and jobs. His involvement began after October 7th, as he believed that economic recovery could prevent a return to the cycle of violence. The plan includes the participation of Turkey and Qatar, despite their support for Hamas, as it is considered necessary to avoid a veto in the UN Security Council. Gabbai views the undertaking as an opportunity for 'business peace', arguing that improving living conditions can reduce the appeal of conflict.