During the Economic Development Conference held in Sharm el-Sheikh to encourage and stimulate investment in Egypt, bombs exploded on March 13-14 in the vicinity of the HSBC, Barclays and Piraeus banks in Alexandria.
On its Twitter page, the Revolutionary Punishment Movement (al-Iqab al-Thawri) claimed responsibility for the bombings, which it said came in response to the participation of these banks, regarded as one of the main strengths of the event, in the conference.