A car bomb exploded near a police base and two soldiers were killed in separate, multiple attacks in Egypt’s lawless Sinai peninsula, which has seen a spike in violence since the July 3 army ouster of the country’s Islamist president. Four militants died when the car, rigged with gas canisters and carrying explosive belts, detonated in a desert area near the port town of El-Arish on Wednesday, the sources said. Source Yahoo News
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
