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Islamic State sees dollar signs in Egypt

As the Islamic State and its affiliates are forced out of Syria and Iraq, their recent bank robbery in North Sinai province indicates they might be turning to targets in Egypt to refill their coffers.
Smoke rises in Egypt's North Sinai as seen from the border of southern Gaza Strip with Egypt July 1, 2015.  Islamic State militants launched a wide-scale coordinated assault on several military checkpoints in Egypt's North Sinai on Wednesday in which 50 people were killed, security sources said, the largest attack yet in the insurgency-hit province.  REUTERS/Ibraheem Abu Mustafa          TPX IMAGES OF THE DAY           - GF10000145811
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A series of deadly terrorist attacks in Egypt's North Sinai province have citizens fearing even worse violence is to come.

The most recent attack came Oct. 16 in the province's capital, el-Arish, when the Islamic State-affiliated Wilayat Sinai robbed a bank, leaving eight dead and taking $1 million (17 million Egyptian pounds). Among the dead were three policemen and five civilians, including the bank guard. Officials said 16 other people were injured and one person was taken hostage.

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