Don't miss the inspiring speeches at The Jerusalem Post Conference
Report: Russia and Egypt complete $2 billion arms deal funded by Gulf states
By
February 9, 2014 16:49
Egypt is moving to improve relations with Russia following the partial freeze of US aid.
An Egyptian military helicopter flies during sunset over Tahrir Square.

egypt helicopter 370. (photo credit:REUTERS)

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.



Be the first to know - Join our Facebook page.



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.

Relevant to your professional network? Please share on Linkedin

Tags:
  • Israel
  • Egypt
  • russia
  • persian gulf
  • Share this article via
    from around the web
    Related Content
    INDIA’S PRIME MINISTER Narendra Modi addresses supporters at BJP headquarters in New Delhi on March
    March 29, 2017
    Arab world surprisingly mum on Modi visit to Israel

    By HERB KEINON

    Top Stories
    Israel Weather
    • 15 - 29
      Beer Sheva
      15 - 24
      Tel Aviv - Yafo
    • 16 - 23
      Jerusalem
      15 - 22
      Haifa
    • 21 - 30
      Elat
      15 - 26
      Tiberias