Hosni Mubarak Annan. Mubarak was involved in the Arab League, supporting Arab efforts to achieve a lasting peace in the region. At the Beirut Summit on 28 March 2002, the league adopted the Arab Peace Initiative, a Saudi-inspired plan to end the Arab–Israeli conflict. In June 2007, Mubarak held a summit meeting at Sharm el-Sheik with King Abdullah II of Jordan, President Mahmoud Abbas and Prime Minister Ehud Olmert. On 19 June 2008, the Egypt-brokered pause in hostilities between Israel and Hamas went into effect. According to "The New York Times", neither side fully respected the terms of the ceasefire. The agreement
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,