Vladimir Putin is ready and willing to host peace talks aimed at resolving the Israeli-Palestinian conflict, according to Egypt’s president.

President Abdel-Fattah al-Sisi said the Russian leader pledged to directly intervene in the crisis and hold talks between Benjamin Netanyahu and Mahmoud Abbas in Moscow in the near future, with Mr al-Sisi also present.

“Putin has told me that he is ready to receive [Abbas] and Netanyahu in Moscow to carry out direct talks to find a solution,” Mr Sisi told Egyptian newspaper Al Aharam.

“I see that the conviction of the importance of peace is rising among the Israeli side, and the conviction about finding an exit to the issue is a positive sign.

"Egypt supports these efforts and both sides are urged to participate and respond positively to the initiative for the sake of finding light at the end of the tunnel for Palestinians and establishing their state alongside Israel."

The move came just days after it was announced efforts by European diplomats to host a similar meeting in Paris had failed, and further signals Mr Putin’s ambition for Russia to eventually replace the United States as chief negotiator in the Middle East.

Mr Putin claimed he “would fight” for an independent Palestinian state at an Arab League summit in March, but now appears to be interested in a more peaceful resolution.

The Israeli–Palestinian conflict intensifies Show all 10 1 /10 The Israeli–Palestinian conflict intensifies The Israeli–Palestinian conflict intensifies Medics evacuate a wounded man from the scene of an attack in Jerusalem. A Palestinian rammed a vehicle into a bus stop then got out and started stabbing people before he was shot dead AP The Israeli–Palestinian conflict intensifies Israeli ZAKA emergency response members carry the body of an Israeli at the scene of a shooting attack in Jerusalem. A pair of Palestinian men boarded a bus in Jerusalem and began shooting and stabbing passengers, while another assailant rammed a car into a bus station before stabbing bystanders, in near-simultaneous attacks that escalated a month long wave of violence AP The Israeli–Palestinian conflict intensifies Youths attend the funeral of Ahmad Sharake who was shot during clashes with Israeli forces in Jelazun refugee camp, near Ramallah, West Bank. Tensions in the area continue to run high following a series of stabbing attacks that have occurred around Israel in clashes between Palestinian youths and Israeli security forces Getty Images The Israeli–Palestinian conflict intensifies Palestinians throw molotov cocktail during clashes with Israeli troops near Ramallah, West Bank. Recent days have seen a series of stabbing attacks in Israel and the West Bank that have wounded several Israelis AP The Israeli–Palestinian conflict intensifies Women cry during the funeral of Palestinian teenager Ahmad Sharaka, 13, who was shot dead by Israeli forces during clashes at a checkpoint near Ramallah, at the family house in the Palestinian West Bank refugee camp of Jalazoun, Ramallah AP The Israeli–Palestinian conflict intensifies A wounded Palestinian boy and his father hold hands at a hospital after their house was brought down by an Israeli air strike in Gaza Reuters The Israeli–Palestinian conflict intensifies Palestinians look on after a protester is shot by Israelis soldiers during clashes at the Howara checkpoint near the West Bank city of Nablus EPA The Israeli–Palestinian conflict intensifies A lawyer wearing his official robes kicks a tear gas canister back toward Israeli soldiers during a demonstration by scores of Palestinian lawyers called for by the Palestinian Bar Association in solidarity with protesters at the Al-Aqsa mosque compound in Jerusalem's Old City, near Ramallah, West Bank AP The Israeli–Palestinian conflict intensifies Undercover Israeli soldiers detain a Palestinian in Ramallah Reuters The Israeli–Palestinian conflict intensifies Palestinian youth burn tyres during clashes with Israeli soldiers close to the Jewish settlement of Bet El, in the West Bank city of Ramallah, after Israel barred Palestinians from Jerusalem's Old City as tensions mounted following attacks that killed two Israelis and wounded a child

In June, the Russian president met with Mr Netanyahu for the fourth time in the space of a year, when the leaders expressed their mutual support for a “comprehensive and just” solution to the conflict.

On Tuesday night, the Israeli government said it supported Mr Putin’s intervention and indicated Mr Netanyahu was ready “anywhere, any time, for direct peace talks with no preconditions.”