Egyptian Billionaire Offers to Buy Island in Mediterranean to House Refugees
"Greece or Italy, sell me an island," Naguib Sawiris tweeted. He even suggested a name for the new country: "Hope."
Naguib Sawiris at the World Economic Forum on the Middle East. (Jobas / CC BY-SA 3.0)
Egyptian billionaire Naguib Sawiris is reportedly offering to buy an island for people fleeing to Europe from war-torn countries in the Middle East and Africa. “Greece or Italy, sell me an island,” Sawiris tweeted earlier this week. He even suggested a name for the new country: “Hope.”
The Independent reports:
When asked if his idea could actually work, Mr Sawiris said: “Of course it’s feasible.”
“You have dozens of islands which are deserted and could accommodate hundreds of thousands of refugees.”
Mr Sawiris, who has an estimated net worth of $2.9billion, said although the idea could be problematic, something needed to be done to help the tens of thousands of people attempting to reach Europe in search of a better life.
“The way they are being treated now, they are being treated like cattle,” he claimed to AFP.
The billionaire’s company Orascom TMT, which operates mobile networks across some African and Middle Eastern nations, is Egypt’s largest employer.
More than 2,000 people have died attempting to cross the Mediterranean this year. Earlier this month, a photograph of three-year-old Syrian Aylan Kurdi dead on a beach in Turkey prompted a huge outburst of public support for a change to the EU’s current policy.
Read more here.
–Posted by Roisin Davis
The storytellers of chaos tried to manipulate the political and media narrative in 2025, but independent journalism exposed what they tried to hide. When you read Truthdig, you see through the illusion.
Support Independent Journalism.
You need to be a supporter to comment.
There are currently no responses to this article.
Be the first to respond.