The new city is designed to serve as a high-tech model for Egypt's future, away from the clutter and chaos of Cairo.
Netanyahu told the government at its weekly meeting, that he repeated this message to US President Joe Biden when the two men spoke the night before.
These tripartite talks are a continuation of talks over the past year.
While Mideastern leaders focused on prioritizing Palestinian rights for the first time in decades, Western leaders condemned Hamas.
While Arab and Muslim states called for an immediate end to Israel's offensive, Western countries mostly voiced more modest goals such as humanitarian relief for civilians.
When US President Joe Biden came to Israel his meetings with the Jordanians, Egyptians and the Palestinian Authority were cancelled after Hamas falsely claimed a hospital in Gaza was attacked.
Here's who's planning to attend.
The fire appeared mainly confined to the top floor of the Ministry of Religious Endowments, although flames were seen shooting out of a second floor window as well.
Abbas is also hoping to persuade Hamas to join a new Palestinian unity government that would end the split between the West Bank and Gaza Strip.
Abbas had invited the leaders of the factions to the meeting in response to the Israeli military operation in the Jenin Refugee camp earlier this month.