Anwar Sadat Israeli Prime Minister Menachem Begin in Washington, D.C., United States, on 26 March 1979, following the Camp David Accords (1978), a series of meetings between Egypt and Israel facilitated by US President Jimmy Carter. Both Sadat and Begin were awarded the Nobel Peace Prize for creating the treaty. In his acceptance speech, Sadat referred to the long-awaited peace desired by both Arabs and Israelis: Let us put an end to wars, let us reshape life on the solid basis of equity and truth. And it is this call, which reflected the will of the Egyptian people, of the great majority
Anwar Sadat were turned from bitter enemies into fast friends. The relationship between Cairo and Tehran became so friendly that the Shah of Iran, Mohammad Reza Pahlavi, called Sadat his "dear brother". After the 1973 war with Israel, Iran assumed a leading role in cleaning up and reactivating the blocked Suez Canal with heavy investment. The country also facilitated the withdrawal of Israel from the occupied Sinai Peninsula by promising to substitute the loss of the oil to the Israelis with free Iranian oil if they withdrew from the Egyptian oil wells in western Sinai. All these added more to the personal