BREAKING NEWS

Egypt says preparing for prisoner swap with Israel

CAIRO - Egypt said on Thursday it was preparing to swap US-Israeli dual national Ilan Grapel, who was detained in June on spying charges, for Egyptian prisoners held in Israel.
Grapel, 27, was arrested in Egypt on accusations he was a spy out to recruit agents and monitor events in the revolt that overthrew president Hosni Mubarak, an ally of both the United States and Israel. Grapel has not faced trial yet.
US Defense Secretary Leon Panetta called on Egypt this month to release Grapel but denied he was involved in direct negotiations over the matter.