The agreed basis for a peaceful settlement of the conflict between Israel and its neighbors is United Nations Security Council Resolution 242 in all its parts. Less than two years earlier, in an unprecedented move for an Arab leader, Sadat traveled to Jerusalem, Israel, in search of a lasting peace deal with Egypt`s Jewish neighbor after decades of conflict. Sadat`s visit, during which he met Begin and addressed the Israeli parliament, was greeted with outrage in most Arab worlds. Despite criticism from Egypt`s regional allies, Sadat continued to seek peace with Begin, and in September 1978, the two leaders met again in the United States, where they negotiated an agreement with U.S. President Jimmy Carter at Camp David, Maryland. The Camp David Accords, the first peace agreement between the State of Israel and one of its Arab neighbors, laid the foundation for diplomatic and trade relations. Seven months later, a formal peace treaty was signed. This treaty sparked enormous controversy throughout the Arab world, where it was condemned and seen as a stab in the back. The sense of outrage was particularly strong among Palestinians when the head of the Palestine Liberation Organization, Yasser Arafat, said: “Let them sign what they want.
False peace will not last.  On the other hand, the treaty led Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin to share the 1978 Nobel Peace Prize to create peace between the two states. However, as a result of the treaty, Egypt was expelled from the Arab League in 1979-1989 and Sadat was assassinated by members of the Egyptian Islamic Jihad on October 6, 1981.  A mechanism had not yet been put in place for Israel and Egypt to continue the talks begun by Sadat and Begin in Jerusalem.  The Egyptian president suggested to Begin that Israel house a secret representative at the US embassy in Cairo. With the American “cover”, the true identity of the Israeli who would make the link between the Egyptian and Israeli leaders would only be known to the American ambassador in Cairo.  On March 26, 1979, sixteen months after Egyptian President Anwar Sadat`s spectacular visit to Jerusalem, Israel and Egypt – longtime enemies – signed a peace treaty on the white house lawn in Washington, D.C. Egyptian President Abdel Fattah al-Sisi responded to Israeli concerns on July 31, 2014, promising to pursue peace with Israel.  Today, Egypt has an embassy in Tel Aviv and a consulate in Eilat, near the borders of both countries on the Gulf coast of Aqaba in the Red Sea.
Israel has an embassy in Cairo and a consulate in Alexandria. They have two official border crossings across their common border. One in Taba, near the northern tip of the Gulf of Aqaba, and the other between El Ouga and Nitzana. The El Ouga-Nitzana intersection only handles commercial traffic. Relations between Egypt and Israel have improved since 2017, when Donald Trump became president and Mohammed bin Salman became crown prince of Saudi Arabia. .