Egyptian Tycoon Sawiris: October 7 Brought Palestinians 'Nothing'

In an interview with FRANCE 24, Egyptian businessman Naguib Sawiris called the October 7 attacks a "horrible act of terrorism" that brought Palestinians "only destruction", while warning of an "expansionist" Israeli government. He also said that the economic fallout from the Iran war is already "happening", defended doubling his UAE investment despite the regional conflict, and praised Syria's new president. Sawiris, one of Egypt's most prominent businessmen, did not hold back in his assessment of the October 7 attacks, describing them as a catastrophic mistake for Palestinians. He expressed concern over Israel's intentions, labeling the government as expansionist, and highlighted the broader regional instability. On the economic front, Sawiris revealed that the repercussions of the Iran war are already being felt, yet he remains bullish on the UAE, doubling his investments there. He also lauded Syria's new leadership, signaling a potential shift in regional alliances. The interview provides a rare glimpse into the views of a key Middle Eastern business figure on pressing geopolitical issues.