"We have agreed on this date and it would be a great occasion to honor the players of both countries," EFA and Arab Football Federation board member, Hazem Al-Hawari told FilGoal.com on Tuesday.

"The exact date will be announced later and both parties agreed that it should be compatible with the FIFA international agenda."

Iraq were crowned Asian Champions in 2007 while the Pharaohs beat Cameroon 1-0 last February to win their sixth Nations Cup title.