Two soldiers were killed Saturday by a roadside car bomb in northern Sinai, Egypt’s Interior Ministry said in a statement, in an attack claimed by a local Islamic State affiliate. Sixteen other soldiers were injured in the explosion in the provincial capital el-Arish. Source Sun Herald
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