The Russian newspaper Kommersant reported that the aircraft, which crashed during a training flight, had been delivered to Egypt under a commercial contract in 2018, according to Sputnik.
"We have operational information about a crash of an Egyptian Air Force MiG-29M. In the near future, our technical experts will go to Egypt to assist in the investigation into the incident," the United Aircraft Corporation confirmed.
Reporting on the issue, Kommersant earlier noted that the pilot managed to eject from the aircraft before the crash, and he was out of danger.
The news comes a month after another MiG-29 fighter jet crashed in a forest near Moscow during a training flight due to an unknown cause.
The MiG-29 (NATO reporting name "Fulcrum") is a fourth generation Russian multipurpose fighter, developed by the design bureau MiG.