New arms purchases from Russia coming soon? Current events in the Middle East require the constant development and upgrade of Egypt’s military, Defense Minister Sedki Sobhi said after returning from a visit to Moscow, according to an Armed Forces statement. Sobhi and his Russian counterpart Sergei Shoigu had discussed military cooperation between Cairo and Moscow, and are expected to resume technical talks on said cooperation at an upcoming meeting of the joint Egyptian-Russian military committee. His statement strongly implies that we will see new new arms purchases from Russia in the offing.
More from Enterprise
Inflation unexpectedly cools, putting rate-cut cycle back in play
The first fall in the headline rate in three months…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
New tax bill heads to House ahead of July rollout
The new package scraps the contentious capital gains tax, overhauls…
Apis Partners has continued appetite for Egypt after closing its third fund at more than double its predecessor
Apis partner Hossam Abou Moussa singles out MNT-Halan as a…