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July 23, 2005

Is al-Jihad al-Islami Behind Bombings In Egypt?

Professor Juan Cole at Informed Comment places al-Jihad al-Islami "at the top" of the list of suspects responsible for the July 22, 2005 explosions in the Egyptian Red Sea resort town of Sharm el-Sheikh, that killed dozens. Mr. Cole wrote on July 23, 2005:

The al-Jihad al-Islami organization of Ayman al-Zawahir has for over two decades targeted Egypt's tourism industry with violent attacks. For al-Jihad al-Islami, this tactic has several benefits. Tourism is associated in the minds of many ordinary Egyptians with a libertine lifestyle offensive to the puritanism of Muslim piety. Then, Egypt depends heavily on tourism for foreign exchange, and it is an important part of the economy (worth nearly $3 billion a year in good years). Egypt's economy grew 5.3 percent in 2004, the best it has done in a long while (September 11 badly hurt Egypt's economy-- Ayman al-Zawahiri's little revenge on the homeland that exiled him).
Mr. Cole said, "Egypt depends more heavily than ever on services and remittances. Its petroleum exports are slipping. It only earned $1.5 billion in oil revenues last year despite the big bump in prices (it was over $3 billion in the mid-1990s)." Here's more.

Posted by Munir Umrani at July 23, 2005 06:52 PM

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