If you tear up a peace agreement that ended a war then the war is not ended. As such if Egypt rejects peace with Israel, they have declared war again. Poor Egypt. Dirt poor. Lots of infrastructure, a big dam and a regular army that can be hit. However, not much fighting potential.
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Sweden arrests 14 over plan to attack asylum center (AP)
from the article: 'Peace treaty with Israel is up to the Egyptian people'