The border crossing, which will remain open for two days, will also allow hundreds of Egyptians stuck in Gaza after the border was closed to return home.
Media reports said that move comes ahead of the Muslim festival Ramadan at the end of the month.
Egypt and Israel closed the border crossings after the Islamist movement Hamas seized control of the Gaza Strip in July 2007. The blockade has led to a deterioration in the humanitarian situation in the region.
In May, several hundred Palestinians were allowed into Egypt through the Rafah crossing for medical treatment, with priority given to the elderly and heart and cancer patients.
Thousands of Gaza residents flooded into Egypt to buy food, fuel, and essential supplies when Palestinian militants blew up sections of the wall at the crossing in January. It took the Egyptian authorities about two weeks to restore order and secure the border.
