Outgoing Israel Defense Forces Chief Gabi Ashkenazi said Monday that Israel must be careful with assessments regarding the Arab world as the "elements that led to a revolution in Egypt exist in other countries in the region as well."

Speaking just after he stepped down as IDF chief, Ashkenazi told a group of top Jewish American leaders on an official visit in Jerusalem that "the events in Egypt prove that we need to be modest and careful in our assessments about the Arab world," Ashkenazi said.

"Peace is a strategic asset for both countries," he said, adding that "I am satisfied with the continuity in Egypt's military with regards to its foreign policy. I am worried, however, by the weakening status of moderate leaders in the area, in relation with the weakening status of the U.S. in the region."

Ashkenazi, who was asked about his plans for the future said everything was possible, "just like the Iranian issue."

Speaking after Ashkenazi, outgoing Military Intelligence head Maj. Gen. Amos Yadlin said he preferred democratic neighbors to the contrary, adding that "democratic countries do not tend to fight each other. The wave of revolutions is not necessarily bad for Israel."

"I am leaving my position when the country is strong," Yadlin said, adding that "the borders have never been safer, the Hezbollah has not fired a bullet since 2006 and the Hamas is maintaining quiet along the southern border."

"The man responsible for security situation is Ashkenazi," Yadlin said. "During his term our enemies had many reasons to strike Israel, which I cannot elaborate on, but they didn’t because of the deterring power of the IDF headed by Ashkenazi."