There is coming a time when a very special peace treaty will be confirmed. While we do not know much about the details of this treaty, we do know that it is comprehensive. This means it is between Israel and most of it's Arab neighbors. It will appear to be capable of providing Israel with a guaranteed peace, possibly backed by other nations or the United Nations as well.
The duration of this treaty will be seven years. These seven years will run parallel with the seven years of tribulation which is also the same time frame known as Jacob's trouble.
Speculation is interesting concerning the details of this peace treaty. Some believe the cornerstone of this agreement may contain some language that allows for the third temple to be built on the temple mount, possibly along side of the Dome of the Rock.
The treaty will not last and be broken at it's mid way point (after three and a half years).
The text indicates that the peace treaty will be confirmed (not necessarily signed) meaning that it doesn't have to be a "new" peace treaty. It could be a confirmation of a pre-existing peace treaty that is currently in place with new modifications makinging it more comprehensive to include a greater sense of security. The Camp David Accords which is the framework for the peace treaty between Egypt and Israel could serve as the framework for a modified agreement that would include other nations as well.
From Daniel 9:27 He will confirm a covenant with many for one 'seven.' In the middle of the 'seven' he will put an end to sacrifice and offering. And on a wing of the temple he will set up an abomination that causes desolation, until the end that is decreed is poured out on him."
Here the "seven" is equal to seven years.
Even though there will be a comprehensive Peace Treaty It Will Be Broken. Daniel wrote about this event. Learn more about Daniel's End Time Prophecy concerning the last week of his 70 prophetic week timetable.
The Popular Encyclopedia of Bible Prophecy by Tim Lahaye.