"I think the head of intelligence will travel there, but after the holiday celebrations in Israel. He will go talk to the Israeli side," Mubarak told reporters in remarks aired live on state television.
Mubarak did not give a specific date for the trip, but Israel is celebrating Memorial Day on Wednesday and Independence Day on Thursday, so the visit would have to come after the conclusion of those holidays.
Egypt has been trying to broker a truce between Palestinian militants and the Jewish state. Egyptian state media reported last week that Palestinian groups meeting in Cairo had agreed to a truce starting in the Hamas-controlled Gaza Strip.
But a number of Palestinian factions were equivocal in their support for a ceasefire, and some said they reserved the right to retaliate against Israeli attacks.
A senior Israeli official said on Thursday that Israel would likely agree to an informal truce with militants in Gaza if cross-border rocket attacks and arms smuggling into the territory ended.
Egypt's state news agency MENA has said the truce proposal is part of a broader plan that would eventually lead to the lifting of the blockade that Israel, with Egyptian help, has imposed on Gaza since last June.
The plan includes attempts to reconcile the two biggest Palestinian groups -- the Hamas Islamists who control the Gaza Strip and the Fatah movement, which controls the Palestinian Authority from its base in the West Bank.
Israel has been killing Hamas members in Gaza and the West Bank while Hamas and other groups have been firing crude rockets across the border into Israel. Each side says it is responding to attacks by the other.
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