This is the latest comment by the Egyptian billionaire on the Russia-Ukraine crisis.
Russia-Ukraine
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South Africa-based businessman Loucas Pouroulis’ Tharisa Plc takes control of Zimbabwe’s Karo platinum project
The Pouroulis-led mining group increased its stake in Karo from 26.8 percent to 66.3 percent in an all-share deal worth $27 million.
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Egyptian billionaire Naguib Sawiris advises gov’t on how to deal with rising oil, wheat prices amid Russia-Ukraine crisis
His advice comes almost two weeks after he warned Egypt’s government to stockpile wheat.
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Rupert’s net worth has dropped by more than $1.8 billion this year.
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Egyptian billionaire Naguib Sawiris warns gov’t to stockpile wheat in view of Russia-Ukraine crisis
Wheat prices have risen by more than 5.7 percent since the news of the crisis surfaced this morning.