At least 638 people were confirmed killed and nearly 4,000 wounded in the violence sparked when riot police backed by armored vehicles, snipers and bulldozers smashed the two sit-ins in Cairo where Morsi’s supporters had been camped out for six weeks to demand his reinstatement. It was the deadliest day by far since the 2011 popular uprising that overthrew autocratic ruler Hosni Mubarak and plunged the country into more than two years of instability. Source: Huffington Post
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