
Under Nasser’s police state Egypt had no popular sovereignty, but it did have national independence. This was lost at Camp David in 1979, when Sadat signed peace with Israel, retrieved the occupied Sinai peninsula, and received the promise of billions of dollars of annual American aid. After Israel, Egypt is the second largest recipient of US aid. American funding of the military is the reason why top officers remain loyal to the regime despite all the humiliations (for Egypt lost its Arab leadership role long ago) and committed to the peace treaty, although Israel has reneged on its Camp David undertaking to provide a just solution to the Palestinian problem. In full here.
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