Israel's prime minister said an "earthquake" is under way in the Arab world but that he "hopes for the best."

In a reference to unrest throughout the region, including the toppling of Egyptian President Hosni Mubarak by popular protests, Benjamin Netanyahu said Feb 14 that Israel hopes to strengthen its existing peace agreements and sign new ones, but remains "prepared for any possibility," according to AP.

Israel and Egypt signed a peace agreement in 1979. The accord has been a lynchpin of regional stability for three decades. After forcing Mubarak to step down, Egypt's ruling military council said over the weekend that it would honor the accord - easing jitters in Israel.