Beheading of Croatian national by ISIS takes new turn

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Cairo: The beheading of a Croatian hostage by the ISIS took a new turn on Thursday with revelation that a criminal gang kidnapped him and demanded a ransom from his employer before handing him over to the Islamic State group.

The French geoscience company for which the Croatian national worked said it tried in vain to contact his abductors after receiving their emailed demand for cash.

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The kidnapping and apparent beheading of Tomislav Salopek, who was snatched in broad daylight on the outskirts of Cairo, is the first of its kind involving a foreigner in Egypt. It is sure to deal a blow to the government's efforts to project stability and buttress an economic turnaround following years of unrest in the wake of Egypt's Arab Spring.

It will also likely rattle companies with expatriate workers in Egypt and cast a cloud over hopes of boosting international investment in the country.