Egypt's Tahya Misr Fund said on Tuesday it will open up donations at all Egyptian banks, hours after President Abdel-Fattah El-Sisi announced an allocation of $500 million as part of an Egyptian initiative for the reconstruction of the Gaza Strip after the latest Israeli aggression.

The fund established bank account 037037-Gaza Reconstruction at the banks to receive donations from locally and abroad.

It said it will send a humanitarian aid convoy to Palestine’s Gaza Strip to help in securing subsistence and medical needs amid ongoing Israeli aggression

The convoy, called “Partnering Up for Humanity”, will include 100 containers, according to the fund.