While the relationship between Israel and Egypt is frequently described as a `` cold peace , '' the two countries maintain significant intelligence and security ties . There 's been no official comment from the Israeli government about the Egyptian decision . Earlier this week , a Knesset member said he did n't see Mubarak stepping down . But recently , someone on Israeli television spoke about the possibility . Egypt and Israel signed a peace treaty in June .
There 's been no official comment from the Israeli government about the Egyptian decision . Earlier this week , a Knesset member said he did n't see Mubarak stepping down . But recently , someone on Israeli television spoke about the possibility . Egypt and Israel signed a peace treaty in June .