News

Egyptian Billionaire Naguib Sawiris Calls on Arab Businessmen to Disinvest in Qatar

Egyptian Billionaire Naguib Sawiris Calls on Arab Businessmen to Disinvest in Qatar

Egyptian businessman Naguib Sawiris has called for Arab businessmen who have “conscience” to disinvest in Qatar during his interview with CNN’s Journalist Richard Quest.

“I am not only calling on Egyptian businessmen, I am calling on all Arab businessmen who don’t want to be supporting a country that has been supporting all the terrorist groups in our area, their hands are full of blood,” Sawiris said.

The interview comes in light of the recent decision of 10 Arab countries to cut ties with the Gulf state of Qatar over accusations of supporting and financing terrorist groups.

Sawiris added that Qatar is supporting Hamas and Iran without even denying it.

“I am telling everybody that enough is enough, we shouldn’t be working with these people,” says Sawiris. He further criticized the West stances who see ISIS slaughtering citizens in the Middle East and they are now at their territories, yet they are expecting the Middle East to stand there and do nothing.

In response to Quest‘s question suggesting that it was a “dramatic and draconian” way of isolating a country that is strategically important by virtue of the gas reserves and the role it plays in the energy industry in the globe. Sawiris disagreed and said that this area needs terrorism to stop and these people are the ‘center of terror’ in our region.

Quest, however, said, “You negotiate, you talk, you use diplomacy, but this is done out of the blue on a random Monday in June. It has inflamed an area in the world that needs peace and serenity, not more animosity.”

Sawiris concluded the interview by saying that it is not his job to look for a new Emir for Qatar, stressing that it is for Qatari people to say who they want to rule them. However, he said that a new emir for Qatar is not going to be “bad news” if we hear it.

Switzerland and UN Launch Project to Support Jobs in Agriculture in Upper Egypt
International Labor Organisation Blacklists Egypt Again

Subscribe to our newsletter


News

More in News

Egypt’s Coptic Orphans Director Amplifies the Voice of Copts at UNGA

Egyptian Streets24 September 2022

Egypt to Open Archaeological Sites for Free on World Tourism Day

Mona Abdou23 September 2022

Legendary Actor Hesham Selim Passes Away Aged 64

Egyptian Streets22 September 2022

Al-Azhar Grand Imam Appoints Female Advisor for the First Time in Egypt’s History

Farah Rafik21 September 2022

Egyptian Customs Authorities Set Gift Limit at EGP 10K per Passenger

Mona Abdou21 September 2022

US Deducts $130 Million From Egypt’s Military Aid Over Human Rights

Shereif Barakat17 September 2022

Egypt Signs Agreements with Qatar to Boost Investment Amid Financial Constraints

Egyptian Streets15 September 2022

Wrestler Samar Hamza Makes History as First Egyptian Woman to Reach World Championship Final

Farah Rafik14 September 2022