a nominal peace between governments... NOT between peoples. which is why the arab peace iniative lists the conditions that it does, and it's why they refuse to consider "negotiating" ANY of them. their intent is for REAL "peace"; not just an agreement between governments. what they envision is essentially a unified neighborhood of nations that includes israel, which not only will lead to a strong front against islamic extremism(which is a threat to them, too), but will also eventually lead to cultural and economic interaction, mutual cooperation, trade, tourism, etc. but they realize that in order for this to happen, the issues that inflame regional antagonism towards israel need to removed in order for "peace" with israel to be accepted by their "people"...and you can't really have peace and normalized relations between nations unless its embraced by the people. without that, all you have is a peace on paper between governments...like the one with egypt.
India floods derail two trains, killing at least 20; hundreds rescued (Reuters)
from the article: Egypt media group agrees on massive Israel boycott