Hosni Mubarak League at the beginning of the Libyan Civil War, Egypt was the only state in the history of the organization to have had its membership suspended, because of President Sadat's peace treaty with Israel. In June 1982, Mubarak met King Fahd of Saudi Arabia, which marked a beginning of an Egyptian-Saudi rapprochement. Since Egypt is the most populous Arab country and Saudi Arabia the richest, the Saudi-Egyptian axis was a powerful force in the Arab world. At a Arab League summit later in 1982 in Fez, Saudi Arabia put forward an Egyptian peace plan where in exchange for Israel resolving
Hosni Mubarak believed the personal wealth of Mubarak and his family was between and from military contracts made during his time as an air force officer. "The Guardian" reported that Mubarak and his family might be worth up to garnered from corruption, bribes and legitimate business activities. The money was said to be spread out in various bank accounts, including some in Switzerland and the UK, and invested in foreign property. The newspaper said some of the information about the family's wealth might be ten years old. According to "Newsweek", these allegations are poorly substantiated and lack credibility. On 12 February 2011,