WASHINGTON D.C. February 19, 2026 – President Donald Trump hailed a major diplomatic achievement on February 19, announcing that nine nations have collectively pledged more than $7 billion toward humanitarian aid and reconstruction efforts in Gaza during the first meeting of his newly established “Board of Peace” initiative.
Speaking from a podium bearing the presidential seal against a backdrop emblazoned with “Board of Peace,” Trump highlighted contributions from Kazakhstan, Azerbaijan, the United Arab Emirates, Morocco, Bahrain, Qatar, Saudi Arabia, Uzbekistan, and Kuwait.
“I’m pleased to announce that Kazakhstan, Azerbaijan, UAE, Morocco, Bahrain, Qatar, Saudi Arabia, Uzbekistan, and Kuwait have all contributed more than $7 billion toward the relief package for Gaza,” Trump stated in remarks shared by the U.S. Department of State.
The United States separately committed $10 billion to the effort, according to multiple reports from the meeting, bringing total initial pledges to approximately $17 billion. Estimates for fully rebuilding Gaza, devastated by prolonged conflict, range as high as $70 billion.
The Board of Peace, outlined in Trump’s earlier 20-point plan that helped secure an October cease-fire between Israel and Hamas, aims to coordinate international support for Gaza’s stabilization and development. Several participating nations also committed troops to a proposed multinational stabilization force.
Trump described the pledges as a strong start, declaring the Gaza war “over” despite reports of lingering tensions. The meeting featured representatives from Middle Eastern, Central Asian, and other nations, though key European allies and larger global powers were notably absent, prompting questions about broader international buy-in.
The announcement marks a significant step in Trump’s post-cease-fire vision for the region, focusing on economic redevelopment and security oversight without direct U.S. troop involvement on the ground. Details on fund distribution and timelines remain forthcoming as the Board begins operations.
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