Categories: World

Egyptian Billionaire says he will not invest in Saudi Arabia

Egyptian Billionaire Naguib Sawiris says that he can invest in any part of the world excluding Saudi Arabia citing the law and order situation of the country.

He gave these remarks in the MENA Summit 2019 organized by Milken Institute in Abu Dhabi.

Those remarks comes after the killing of U.S.- based journalist and there are strong evidence that Saudi Arabia are behind this killing.

Turkish officials had accused the killing on Saudi Arabia which they initially denied any involvement of but later admitted that the killing had occurred inside the consulate.

Saudi Arabia had come under fire as sanctions had been imposed on them by U.S.

Saudi Arabia launched an anti-corruption in the country which had mixed views from the people.

Adyson Sipes

Staff writer for the Chicago Morning Star

Recent Posts

Senate Democrats mock Biden for selling weapons to Israel

Some of President Biden's strongest Senate allies are calling on Israelis to end months of fierce fighting and criticizing the…

12 months ago

The biggest cities in Ukraine are struck by Russian missiles, leaving at least 4 dead and over 100 injured

Ukraine's KYIV — At least four people were killed and nearly 100 injured when Russian hypersonic ballistic missiles attacked Ukraine's…

12 months ago

Good News That’s Much Needed for Biden

The economy is making Americans feel a little more upbeat, especially when it comes to jobs and incomes, which could…

1 year ago

College Ventilation System Reveals Missing Man

The discovery of a decaying body inside a college ventilation system marked the tragic and unexplained end to a missing…

1 year ago

Following three Palestinian shots, a Vermont man was arrested

Following the shooting deaths of three 20-year-old Palestinian-American students in Vermont, authorities have detained a man. According to a news…

1 year ago

China is told to cease “COVID deception” due to the pneumonia outbreak by the US envoy

The United States ambassador to Japan, Rahm Emanuel, urged Chinese authorities "to abandon COVID deception" and demanded that China be…

1 year ago

This website uses cookies.