Gun men shot dead a Coptic Christian priest in Egypt’s lawless Northern Sinai on Saturday in what could be the first sectarian attack since the military overthrow of Islamist President Mohamed Mursi, security sources said.The priest, Mina Aboud Sharween, was attacked in the early afternoon while walking in the Masaeed area in El Arish. Source Huffingtonpost
Russia has signed an estimated $2 billion contract for the supply of about 12 Su-35 multi-role fighter jets to Egypt. Source: Defenseworld
Meeting in Russia’s Black Sea resort of Sochi, the Russian and Egyptian presidents have signed what officials describes as a strategic cooperation treaty designed to increase trade, military, and other ties between the two nations. Source: Radio Free Europe
Egypt is working on a new model for future oil and natural gas production contracts in undeveloped areas to spur exploration and help become self-sufficient in energy, oil ministry and company officials said. Source: Bloomberg
