The
GSPC-led consortium was allotted three blocks by Egypt and agreement for commencing exploration activities has been inked with one block," the
GSPC official, who signed the agreement in Egypt, said.
Since adopting the Qaeda name,
GSPC has claimed responsibility for several attacks, including the twin suicide bombings of UN offices and a court building.
French authorities--no cheerleaders of American foreign policy--also say they believe that the
GSPC and others are a threat both to the region and to the French homeland.
The State Department added the
GSPC to its list of foreign terrorist groups in 2002.
The
GSPC was created in 1998 as an offshoot from the Armed Islamic Group (GIA), which fought a decade-long civil war after the Algerian military cancelled elections in early 1992 because an Islamist party was poised to win.
The
GSPC has lost most of its key leaders in recent months, either in fighting against the security forces or through internal feuds that have been a persistent factor in the gradual collapse of the 12-year-old Islamic insurgency.
The GIA and
GSPC continue the war that erupted after the military-backed government scrapped parliamentary elections the FIS was certain to win.
The property is being sold through Scottish solicitor Propertyworks and
GSPC.
Despite reports that the market is cooling, the
GSPC data confirms that the property market in Scotland is still very buoyant.
GSPC chairman Michael Samuel said: ``Property prices in some areas are higher not simply because people in those areas earn more, but because they are willing to spend a higher proportion of their income on buying a home.
GSPC stated that commercial production is expected to commence before the end of 2007.
The site allows prospective buyers to check out properties for sale through
GSPC and view full schedules on-line.