The project has been in the works since 1988, but was pu on hold 5 years ago by then-President Hosni Mubarak.
"For the Arabs, the massive construction project would be a triumph. For the first time since 1948, when the modern state of Israel was founded, Arab states in North Africa would have a direct road link with fellow Arab states in the Middle East without having to cross Israeli territory. It would also reduce dependence on sometimes perilous ferry crossings over the Red Sea and Arab ports on the Mediterranean.
Planners believe that tolls paid by millions of Muslim pilgrims on their way to holy sites in Saudi Arabia could make up for the roughly $5 billion (€3.6) the bridge is expected to cost. They also believe the bridge will significantly increase the number of pilgrims. "