Naval
The revenues, according to CAPMAS, exceed the level recorded in the previous month of November, which was 17.3 billion pounds.
The "Morgan-16" exercise falls within a series of joint exercises between the two countries.
The joint exercise is meant to boost military cooperation and exchange expertise among participating forces.
The Egyptian and French navies conducted an exercise at the Red Sea base, with the French vessel, Courbet, taking part.
The United States believes Iran has started carrying out naval exercises in the Gulf.
Russia's parliament on Thursday ratified an agreement with Damascus to expand the Russian military's naval facility in the Syrian port of Tartus.
Mattis said on Monday there would be a wider investigation into U.S. naval operations after a American warship collided with an oil tanker east of Singapore
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