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

Illinois bill opens beauty career apprenticeships

Illinois could soon expand career pathways for barbers, cosmetologists, nail technicians, and hair braiders through a new apprenticeship-based licensing system.…

1 day ago

Phillies, White Sox set for decisive series finale

The Philadelphia Phillies and Chicago White Sox will meet Sunday afternoon with their three-game series tied and a series victory…

3 days ago

How Chicago built the world’s first skyscraper

Long before Chicago became known for its towering skyline, one building changed the future of architecture worldwide. The Home Insurance…

3 days ago

Giants crush Cubs with 18-run outburst

The San Francisco Giants unleashed one of their most explosive offensive performances of the season Friday, defeating the Chicago Cubs…

4 days ago

Caleb Williams lands Madden NFL 27 cover

Chicago Bears quarterback Caleb Williams has made franchise history after being selected as the cover athlete for EA Sports' "Madden…

7 days ago

Bears stadium bill stalls in Illinois House

Illinois lawmakers ended the 2026 spring legislative session without approving a proposal that could have strengthened the state’s effort to…

1 week ago

This website uses cookies.