History of the Republic of Egypt of Western backers of Israel: a 5% cut in output, to be followed by reductions every month until Israel had withdrawn from all the occupied territories and the rights of the Palestinians had been restored. A UN resolution supported by the United States and the Soviet Union called for an end to hostilities and for peace talks to begin. For President Anwar Sadat, however, the war was much more a victory than a draw, as the Egyptian successes restored Egyptian pride and led to peace talks with the Israelis and to Egypt regaining the entire Sinai peninsula. In foreign relations
History of Egypt under Anwar Sadat successes restored Egyptian pride and led to peace talks with the Israelis that eventually led to Egypt regaining the entire Sinai peninsula in exchange for a peace agreement. Sadat used his immense popularity with the Egyptian people to try to push through vast economic reforms that ended the socialistic controls of Nasserism. Sadat introduced greater political freedom and a new economic policy, the most important aspect of which was the infitah or "openness". This relaxed government controls over the economy and encouraged private investment. While the reforms created a wealthy and successful upper class and a small middle class, these