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The present study investigates the effect of the July 3rd 2013 events on Egyptian-Turkish political and economic relations. The relevant history is reviewed in the period 1996-2006. Though they witnessed ups and downs, they saw unprecedented improvement in the times of former Egyptian President Mohammad Mursi, but deteriorated upon the 2013 incidents. When Mursi was brought down, political and economic relations declined, as some trade deals were cancelled and mutual diplomatic representation waned. With regard to the future, it is concluded that there are three scenarios. The first is the persistence of the status quo. The second is further deterioration until severing the ties. The third, which is the most optimistic, is an improvement achieved through intercession by a super power or each country's acceptance of the reality and attempt to avoid future dispute. [ABSTRACT FROM AUTHOR]