Two separate bomb attacks in the Egyptian capital and the restive border province of North Sinai killed 11 soldiers and wounded at least two police officers early Wednesday, underscoring the country’s struggle to rein in rising militant violence following the military coup against Islamist President Mohamed Morsi.
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
