Twenty “takfiris” were killed and seven suspected extremists were arrested in a wide-scale security campaign in North Sinai Saturday, MENA reported, while a senior leader of Sinai Province militant group was killed in his home in Sheikh Zuwayed hours earlier. Source Cairo 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
