Tigrai Onlne - February 09, 2014
The Egyptian government has completed a $2 billion dollars arms deal with Russia in the past few weeks. Repots say a senior Egyptian official source has told the Arabic newspaper Al-Masry Al-Youm all the details of the deal have been concluded between the two parties.
The Middle East countries of Saudi Arabia, United Arab Emirates and other Gulf states are financing the purchase of the Russian arms. Some analysts are suggesting that the arms deal is suppose to help Egypt maintain it’s fast disappearing position in the Middle east and Africa.
The Egyptians will be buying advanced defense systems, military helicopters, MiG-29 aircraft and anti-tank missiles with a total cost of $2 billion. The Russians are trying to take advantage of the growing drift between America and Egypt. After the Egyptian military overthrew the democratically elected government of the Muslim brotherhood and arrested the former President Morci, the United States has been distancing itself from the military.
Egypt has been in political and economic crisis since 2011. The Egyptian economy which is mostly based on tourism has been hit so badly in the past two years.
Note to readers:We have to remember in June 2013 Egyptian politicians were caught plotting how to attack the Grand Ethiopian Renaissance Dam (GERD). Unaware their meeting has been aired live on TV the Egyptian. Ayman Nour one of the politicians, last year proposed “spreading rumors about Egypt obtaining refueling aircraft to create the impression that it plans an airstrike to destroy the dam.This could yield results on the diplomatic track, Nour said.
Advertisements
Woyane Tigray: 39 Years and Still Standing
Charity Water and REST staff members meets President Abay Weldu
Yemen wants to buy electricity from Ethiopia
Analysis of Kaizen Implementation in Northern Ethiopia’s Manufacturing Industries
Ethiopia: A Regional Peacemaker
The usual ballooning by the bellicose regime in Asmara
Ethiopia's ever-growing leadership role in the African Union
American attempt to revive a seven year old corpses is futile
The 22nd Ordinary Session of the Assembly of AU Heads of State and Government opens in Addis Ababa
Is Ethiopia saying the Algiers Agreement is null and void?
Interview with Minister Sheferaw Shegute the State Of Education In Ethiopia- Today
Cairo rocked by four huge blasts
A Look into the Grand Ethiopian Renaissance Dam Progress
What drove the U.S Government to get involved in Ethiopias Politics
Egypt's addiction to deception on Nile waters
AMISOM happy to have 4000 strong Ethiopian troops
Nile and Lucy: a cradle of humanity and world civilization
Was it a Bad Day for Ambassador David Shinn, the U.S.A Career Diplomat?
What is behind the unremitting criticism of Ethiopia’s law on NGOs?
Ethiopian Jittu Horticulture P.L.C.to exhibit it’s products at Fruit Logistica 2014
Ethiopian Jittu Horticulture P.L.C.to exhibit it’s products at Fruit Logistica 2014
Ethiopian opposition parties full of deceitful and egocentric Warmongers