An Egyptian billionaire is offering to buy an island for people fleeing to Europe from war-torn countries in the Middle East and Africa.
Naguib Sawiris, one of the region's wealthiest men, said "there is no limit" on what he is willing to spend to buy an island from Italy or Greece -- where thousands have been arriving -- to provide the refugees with a new home.
Egyptian billionaire offers to buy island for refugees - Sep. 4, 2015
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