Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Egypt billionare offers to buy island for refugees

04 September 2015, 08:11

Cairo - Egyptian billionaire Naguib Sawiris has offered to buy an island off Greece or Italy and develop it to help hundreds of thousands of people fleeing from Syria and other conflicts.

The telecoms tycoon first announced the initiative on Twitter.

"Greece or Italy sell me an island, I'll call its independence and host the migrants and provide jobs for them building their new country," he wrote.

More than 2 300 people have died at sea trying to reach Europe since January, many of them Syrians who fled their country's four-and-a-half year conflict.

Sawiris said in a television interview that he would approach the governments of Greece and Italy about his plan.

Asked by AFP whether he believed it could work, he said: "Of course it's feasible."

"You have dozens of islands which are deserted and could accommodate hundreds of thousands of refugees."

Sawiris said an island off Greece or Italy could cost between $10m and $100m, but added the "main thing is investment in infrastructure".


There would be "temporary shelters to house the people, then you start employing the people to build housing, schools, universities, hospitals.

"And if things improve, whoever wants to go back [to their homeland] goes back," said Sawiris, whose family developed the popular El Gouna resort on Egypt's Red Sea coast.

He conceded such a plan could face challenges, including the likely difficulty of persuading Greece or Italy to sell an island, and figuring out jurisdiction and customs regulations.

But those who took shelter would be treated as "human beings," he said. "The way they are being treated now, they are being treated like cattle."

Sawiris is the chief executive of Orascom TMT, which operates mobile telephone networks in a number of Middle Eastern and African countries plus Korea as well as underwater communications networks.

He also owns an Egyptian television channel.



Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Submitted by
Wilwon Ochieng
Deputy Governor's ally found with...

The EACC has recovered KES 2 million in fake currency from a close ally of Deputy Governor for Tharaka Nithi Eliud Mati. Read more...

Submitted by
William Korir
Mudavadi given permission to join...

Musalia Mudavadi has been ghranted permission by his party to join the CORD Coalition. Read more...

Submitted by
Victor Tinto
EACC officers raid Deputy Governo...

EACC officers raided the home of a Deputy Governor as theft case continues in court. Read more...

Submitted by
Wilson Ochieng
New IEBC bosses to be named Novem...

New IEBC bosses will be named on November 30. Read more...

Submitted by
William Korir
DP Ruto has spoilt my name, activ...

DP William Ruto has spoilt my name, activist complains. Read more...

Submitted by
Wilson Ochieng
Apologise for attack on Auditor G...

Apologise for attack on Auditor General, President Uhuru Kenyatta is told by Kisumu Senator Anyang Nyong'o. Read more...