The plan stirred rare unity among Arab states which roundly rejected the idea, but they could still disagree over who will govern the Palestinian territory and who will pay for reconstruction.
Trump provoked international outrage when he announced that the United States would “take over the Gaza Strip”, moving 2.4 million Gazans living there to neighbouring Egypt and Jordan.
Meeting with Trump in Washington on February 11, Jordan's King Abdullah II said Egypt would present a plan for a way forward.
Friday's summit was originally planned for Saudi Arabia, Egypt, the United Arab Emirates, Qatar and Jordan.
For Palestinians, any attempt to force them from Gaza would have echoes of what the Arab world calls the “Nakba” or catastrophe, when hundreds of thousands of Palestinians fled in the fighting that accompanied Israel’s creation in 1948.
Reconstruction will be a critical issue at the summit after Trump highlighted this as the key reason for moving its inhabitants out while Gaza's infrastructure is rebuilt.
The first would be a six-month “early recovery phase”, said the member of the Egyptian Council for Foreign Affairs, a think tank with strong ties to decision-making circles in Cairo.
The second phase will require an international conference to provide details of reconstruction and would focus on rebuilding utility infrastructure, he said.
A UN estimate on Tuesday put the cost of rebuilding at more than $53 billion, including more than $20 billion over the first three years.
Umer Karim believes that adopting this plan would require “a degree of Arab unity not seen before in decades”.
One Arab diplomat familiar with the Gulf told AFP: “In the end, the biggest challenge facing the Egyptian plan is how to finance it.
Karim said the “Saudis and Emiratis won’t spend any money if (the) Qataris and Egyptians don’t guarantee something on Hamas”.
It will comprise “experts” and will not be “factionally affiliated and is politically and legally subordinate to the Palestinian Authority”, Hegazy said.
Differences remain, however.
Qatar, a key mediator in the war, believes the Palestinians themselves must decide Gaza's future.
“So overall some things within the Strip have to fundamentally change in order for this plan to at least have a chance.”
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