BREAKING NEWS

Egypt to receive US funds only if peace with Israel preserved

US Secretary of Defense Chuck Hagel told his Egyptian counterpart Col. Gen. Sedki Sohby on Tuesday night that American financial aid will continue only if Egypt maintains its obligations under the 1979 Egypt-Israel Peace Treaty.
Hagel also told Gen. Sohby that the US was "not yet able to certify that Egypt is taking steps to support a democratic transition" - a necessary condition for a continued "strategic relationship" between the two countries.
Gen. Sohby was also informed of US President Barack Obama's decision to deliver ten Apache helicopters in support of Egypt's counterterrorism efforts in the Sinai. The gesture was meant to help the Egyptian government counter extremists who threaten Egyptian, Israeli and US security, Hagel said.