منال الشربيني ترصد

إسرائيل تدخل أخطر اختبار منذ السبعينات، حيث يواجه نتنياهو ضغوط فساد وانقسام داخلي في ظل اقتصاد مثقل بخسائر المليارات وتراجع ثقة المستثمرين، بينما يتعرض جيش الاحتلال لاستنزاف غير مسبوق على جبهات غزة ولبنان وسوريا. ومع انشغال الحلفاء الغربيين؛ أزماتهم بعد أوكرانيا، تبدو تل أبيب أمام خيارين صعبين: تصعيد عسكري يحقق تماسكًا داخليًا مؤقتًا ويجذب دعماً خارجياً، أو تسوية تفرض تنازلات سياسية لكنها تخفف الكلفة الاقتصادية والعسكرية. وفي كل الأحوال، لم تعد إسرائيل قادرة على إدارة الصراع من الأطراف؛ بل أصبحت هي نفسها مركز الاستنزاف (Ash, 2025; Donia, 2025).
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Manal Sherbini Reports:
Israel in Decline, Egypt Maneuvering, and Sisi Emerging as a Skilled Player.
Israel is entering a critical phase that transcends the military dimension of the conflict and extends into deep economic and social fault lines. While Prime Minister Benjamin Netanyahu faces corruption charges and unprecedented domestic divisions, the Israeli economy is under mounting strain from prolonged wars and multibillion-dollar losses that have shaken investor confidence and raised concerns over the stability of its currency and financial markets. These pressures coincide with the West’s declining ability to provide unconditional support, as it grapples with the burdens of the Ukraine war and a slowing global economy (Ash, 2025).

This landscape leaves policymakers with two starkly opposed options: a broad military escalation that may deliver short-term internal cohesion and attract additional foreign aid, or a negotiated settlement that could ease financial and military burdens but demand unprecedented political concessions. Either path places Israel’s traditional role in the Middle East under renewed scrutiny. No longer able to manage conflicts by proxy, Tel Aviv itself has become the arena of attrition. The future of Israel’s economic stability now hinges on striking a new balance between security, politics, and external financing (Donia, 2025).
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References
Ash, A. (2025, August 21). Report on Sisi’s visit to Saudi Arabia and Gaza developments. National Security Authority, Egypt.
Donia, S. (2025, August 18). Events of the last 48 hours [Personal report]. Published on personal page, Daily Graph, and The New York Times Arabic.