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Report Egypt is Receiving More Funds Than Ever from Arab World

August 12, 1980
See Original Daily Bulletin From This Date

Dr. Allen Pollack, president of the Labor Zionist Alliance, told a board meeting of Pioneer Women here that Egypt, far from being isolated, is quietly receiving more funds from the Arab world than ever before.

Declaring that Egypt “has no need to press for full normalization of relations with Israel.” Pollack declared that the return of the oilfields in the Sinai brings Egypt substantial revenues. He also said that, in addition to the financial and material aid Egypt is getting from the United States, Egypt sees itself as having replaced Israel in a “special relationship” with the United States.

Pollack also asserted that Premier Menachem Begin has provided ammunition for the anti-Israel developments. He contended that a change in Israel’s government might well provide a basis for peace on the eastern border. He indicated he based his assessment on information from a recent mission by leading American academicians who met their opposite numbers and top-level Israeli government representatives who served as a “pipeline” in Egypt, Jordan and Israel.

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