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Billionaire Facing Death Threats Says Egypt Risks Becoming Iran


From his 33rd-floor penthouse apartment with sweeping views of the Nile River, Naguib Sawiris, Egypt’s best-known billionaire and most prominent Christian, can hear the chants of Friday prayers in the distance. As he sits down to a breakfast of taameya and ful, dishes made from fava beans, demonstrators are gathering in Cairo’s Tahrir Square for a planned protest, this time aimed at stopping military trials of thousands of civilians arrested during the revolution that brought down the regime of President Hosni Mubarak.

Sawiris says his new political party, the Free Egyptians, is backing the demonstration, although he won’t be attending, Bloomberg Markets magazine reports in its December issue.