At least five people have been killed in clashes between supporters and opponents of Egypt’s ousted President Mohamed Morsi, according to the country’s official news agency. The deaths took place in Egypt’s second biggest city of Alexandria, with reports also saying more than 70 were injured. Source Sky 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