Daesh has a network of operatives working beyond the borders of the Sinai Peninsula in Egypt’s Nile Delta, security experts claim in the pages of Asharq Al-Awsat. Experts believe that the frequency of Daesh-linked attacks in and around the capital, including the bombing of the Coptic cathedral in Cairo, has risen because it is netting new funding from money laundering operations. A study by the Egyptian Dar Al Ifta said that most of Daesh’s budget comes from its cooperation with corrupt businessmen and companies that help finance its activities.
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