Report: Russia and Egypt complete $2 billion arms deal funded by Gulf states

An Egyptian military helicopter flies during sunset over Tahrir Square.

An Egyptian military helicopter flies during sunset over Tahrir Square.        Photo: REUTERS

Egypt is moving to improve relations with Russia following the partial freeze of US aid.

(SOURCE)  Egypt completed a $2 billion arms deal with Russia and financed by Saudi Arabia and the United Arab Emirates, an Egyptian newspaper reported on Friday.

The Egyptian and Russian governments agreed to the details in recent weeks, a senior official told Al-Masry Al-Youm.

Discussions with the Russians to purchase advanced weapons systems date back to November 2013 when Russian Defense Minister Sergei Shoigu and Foreign Minister Sergei Lavrov visited Cairo for talks.

Egypt’s moves to improve relations with Russia are seen as a way to counter the threat of US pressure. The US partial aid freeze was largely seen to be a punishment for the military coup and crackdown on former president Mohamed Morsi and his supporters.

Congress has moved to unfreeze aid to Egypt in 2014, but it still is unclear how it will play out.

The Saudis and other Gulf states have been supporting the military-backed interim government that overthrew the Muslim Brotherhood regime.

Egyptian Prime Minister Hazem el-Beblawi met last week in Saudi Arabia with the country’s Defense Minister, Prince Salman bin Abdulaziz.

2 thoughts on “Report: Russia and Egypt complete $2 billion arms deal funded by Gulf states

  1. Hi Gordon, I am astonished at the way the news is taking shape around Israel and the whole world goes blindly along each day. The prophetic events of the end times are accelerating leading to the eventual reality that every knee shall bow and every tongue confess that Jesus is Lord, even so, come quickly Lord Jesus

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