Terrorist cell formed with the Muslim Brotherhood’s help trying to sabotage the economy in Egypt
The economy is the backbone of the State and the path to progress, it is being targeted by terrorist groups. To this end, they have formed terrorist cells seeking to sabotage the (Egyptian) economy by amassing foreign currency and trading it on the black market. Terrorist groups have been aided by several currency exchange companies affiliated with the Muslim Brotherhood.
It is estimated that the number of these companies comes to roughly 70, located in various parts of Egypt.
Among the most prominent recently-uncovered cells aiming to harm the economy is the cell formed by the “Hazmoon” movement, affiliated with Salafist preacher ,Hazem Salah Abu Ismail, who is the accused in several cases currently under review of Egyptian courts.
Investigations have revealed that this cell worked to collect foreign currencies, including the dollar, from expatriates at a higher rate than the official market rate, and then pumped them into the black market. This activity was aimed at generating an economic crisis in Egypt.
Source: The Seventh Day