I imagine that Egypt is doing Obama a favor before the US elections next week. It should look good to the US Jews that Obama supposedly is contemplating a partial freeze that Netanyahu himself offered (i.e., a freeze as in Olmert's days). This was already rejected by Abbas before, and no doubt will come to nothing after the elections. At that time, Obama will be able to take care of the people who tried to help him (like Egypt and the Arab League), and those who worked to hurt him (such as Nyet and Yahoo).
Surfer seriously injured in Australian shark attack (AP)
from the article: 'Egypt trying to convince Abbas to resume peace talks with Israel'