Could energy deals warm relations between Egypt, Israel?

CAIRO — Egyptians have always been wary of normalization with Israel, and these concerns have intensified lately with talk that Egypt may privatize four electricity distribution companies and that Israeli firm IC Power Ltd. intends to buy some of them. Egyptian officials told Al-Monitor the reports are not true.

However, the New Arab news website published a story Sept. 8, citing undisclosed sources, with the headline “Normalization through privatization: An Israeli company gets ready to invest in Egypt’s electricity.”