Buzz

Egyptian Billionaire Offers $100 Million to Help Refugees by Developing a Community for Them

Egyptian Billionaire Offers $100 Million to Help Refugees by Developing a Community for Them

1200x-1

Months after offering to buy an island for refugees, Egyptian billionaire Naguib Sawiris, Egypt’s second richest man, said he is offering $100 million and other aid to help refugees.

According to Forbes, Sawiris said he was “frustrated” after Greece and Italy turned down his initial offer to buy an island that would host refugees and provide jobs for them. Sawiris told Forbes that he had also failed to reach the United Nations High Commissioner for Refugees.

Instead, Sawiris is now offering $100 million to a government that would give him land to develop for refugees.

“Any government that will give me land, that will allow me to build on this land, I will do it,” said Sawiris to Forbes. “I will spend $100 million.”

More than 3,000 refugees have drowned in 2015 and 2016 while attempting to reach Europe and other parts of the world for a safe haven. In September 2015, Sawiris said the problem was not money, but drive and initiative to actually help refugees.

“I’m actually frustrated. Because they have a problem. And someone comes and said they have a solution, and they don’t act,” said Sawiris to Forbes in his latest statements.

When he was asked in September 2015 why he had not implemented such an idea in his own home country, Sawiris tweeted in response that he would need permission from the Egyptian government and that there are no jobs in Egypt.

300 Kids Take Over Zamalek Streets for Muricata's Great Cairo Kidathon
Viral Video Shows Evolution of Arabic Music From 1900s to Today

Subscribe to our newsletter


Buzz

More in Buzz

24 Strange and Wonderful World Records Held by Egypt and the Egyptians

Egyptian StreetsSeptember 21, 2018

HONY Inspires Pepsi to Make Egyptian Children School Wish Come True

Egyptian StreetsSeptember 20, 2018

Hollywood Stars Attending Gouna Film Festival

Nour EltiganiSeptember 20, 2018

KFC Encouraging Egyptians to Extend Acts of Kindness to Delivery Drivers

ES BuzzSeptember 17, 2018

Egypt’s ‘Velocity Triathlon’ Wins Germany Triclub Ironman Competition

Egyptian StreetsSeptember 12, 2018

Art House Theater Zawya Relaunch to Honor Chahine Legacy

Mirna El SaiedSeptember 9, 2018

10 Vintage Egyptian Film Posters from a Bygone Era

Mirna AbdulaalSeptember 7, 2018

Egyptian Woman ‘Spat on by Man over Short Dress’

Donya SadekSeptember 1, 2018
Egyptian Streets is an independent, young, and grass roots news media organization aimed at providing readers with an alternate depiction of events that occur on Egyptian and Middle Eastern streets, and to establish an engaging social platform for readers to discover and discuss the various issues that impact the region.

© 2017 Egyptian Streets. All Rights Reserved.