The incident took place on Saturday, according to Russia's state-controlled United Aircraft Corporation. The cause of the crash remains unknown.
"We are in possession of the latest information about the crash of a MiG-29M belonging to the Egyptian army. Our technical experts will travel to Egypt very soon to help in the investigation," the Russian aircraft corporation said, Presstv Reported.
The corporation, which unites state-owned military and civilian aircraft construction companies, did not provide possible reasons for the crash.
According to the Russian newspaper Kommersant, the aircraft had been delivered to Egypt under a commercial contract in 2018.
Russia is due to supply 46 MiG-29 fighter planes to Egypt based on an agreement signed in 2015, Russia’s Vedomosti newspaper said at the time, citing two sources in the aircraft industry.
The news comes a month after another MiG-29 fighter jet crashed in a forest near the Russian capital Moscow during a training flight due to an unknown reason.
The MiG-29 (NATO reporting name "Fulcrum") is a fourth generation Russian multipurpose fighter, developed by the design bureau MiG.