Deals

A Billionaire Says He’s Ready to Invest in Venezuela. As Soon as Maduro’s Gone

Egyptian billionaire could invest $300 million in Italy
Sawiris sees more opportunities in Latin America, Africa

Billionaire Naguib Sawiris discusses his current investments and where he sees opportunities.(Source: Bloomberg)

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By Manus Cranny and Mahmoud Habboush

February 12, 2019 at 6:31 AM UTC

Updated on

February 12, 2019 at 12:49 PM UTC

This article is for subscribers only.

Egyptian billionaire Naguib Sawiris said he would invest in Venezuela “anytime” after embattled President Nicolas Maduro leaves office.

Maduro “starves his own people, he starves the whole country, he ruined the country,” Sawiris told Bloomberg Television in Abu Dhabi. “He should leave.”