The Israel-Iran war threatens the country's energy security, foreign currency reserves, tourism, and investment. There are Plan Bs but none are attractive, and the situation could yet get worse.
If Israel wins, it will likely move ahead with implementing its plan to push Palestinians out of Gaza, which could lead to a war with Egypt. If Iran wins, its proxies could further divide the region.
These days, Cairo looks more to Beijing and Moscow than to Washington, a policy change with its roots in the toppling of Hosni Mubarak more than a decade ago.
A conversation between a jaded Abdel Nasser and a starry-eyed Gaddafi has gone viral because of its striking relevance to the debates of today. The leaders have changed, but the perspective remains.
There are competing visions for Gaza, from a 'riviera' without Palestinians to a rebuilt enclave run by Palestinians for Palestinians. Until then, thousands are still being killed.
The 1979 peace between Egypt and Israel served its purpose for almost half a century, but the latter's 17-month-long onslaught on Gaza has thrown it into disarray. What now for the accords?
Palestinians are beginning to dribble out of the battered enclave as Israel starts implementing its "voluntary migration" plan. Gaza is being ethnically cleansed before our very eyes.
Cairo hopes an upcoming Arab summit can come up with a different proposal to counter Trump's plan to turn Gaza into the 'Riviera of the Middle East', but this push comes with great political risk
De-escalation is in the overwhelming interest of most countries in the region and the world, and we could see many extend a hand to help bring the conflict to an end
Trump and Netanyahu disagree on whether to use military force to stop Iran's nuclear programme, and Israel's punishing attack on Iran places the region on a worrisome trajectory