The White House has released new details from the US Middle East peace plan called "Deal of Century".

MojNews- The White House on Saturday unveiled the economic portion of its Middle East peace plan , calling for $50 billion dollars in investments for Palestine and neighboring Arab states.

The plan, which has been long-promised and faced a number of delays, calls for increased infrastructure projects between the Gaza Strip and the West Bank , with a stated goal to "empower the Palestinian people to build a better future for themselves and their children."

U.S. President Donald Trump 's administration has touted the plan and called "Peace to Prosperity" as "the most ambitious and comprehensive international effort for the Palestinian people to date."

The plan is expected to be formally released by its architect, White House senior adviser and Trump's son-in-law Jared Kushner , at the economic conference in Bahrain hosted by the U.S. this week.