Trump’s 'Board of Peace' fund has no money for Gaza: Report

Trump’s 'Board of Peace' fund has no money for Gaza: Report Submitted by MEE staff on Wed, 05/27/2026 - 19:13 A senior US official travelled to Saudi Arabia in April in an unsuccessful attempt to solicit funding from Saudi Arabia, MEE revealed US President Donald Trump and US Secretary of State Marco Rubio walk to board Air Force One before departing from Joint Base Andrews in Maryland, on 20 March 2026 (Saul Loeb/AFP) Off The coffers of US President Donald Trump’s "Board of Peace" are empty and the organisation is stuck in a legal and political limbo, The Financial Times reported on Wednesday. The report follows a Middle East Eye exclusive that revealed a senior Trump administration official travelled to Saudi Arabia in April to ask the kingdom to follow through on its pledge of $1bn to the board. Aryeh Lightstone, one of the key US officials overseeing the US’s post-war planning for Gaza, met with Saudi Foreign Minister Faisal bin Farhan to discuss the financial pledge Riyadh made, one Arab official and a US official told MEE. The so-called Board of Peace was established by Trump after the US brokered a ceasefire in October 2025 to end Israel’s war on Gaza. The United Nations, human rights experts and world leaders have recognised Israel’s war as a genocide. Over 72,800 Palestinians have been killed in the enclave. Despite Trump soliciting billion-dollar pledges from Gulf states and saying that the organisation would be one of the “most consequential” in the history of the world, the FT reported that four months after its establishment, the board’s financial fund set up by the World Bank has received no money. Instead, the FT reported, the board has received donations direct...

Original source: Middle East Eye