Egypt could lose $20billion with 'no' vote
The Qatar-based Egyptian Islamic preacher Youssef Qaradawi has called on Egyptians to participate and vote 'yes' in the constitutional referendum set [for the second part] on Saturday, Turkish news agency Anadolu reported on Friday.
Qaradawi, who heads the International Union of Muslim Scholars, said during the Friday prayer’s speech that voting ‘no’ in the awaited polling in Egypt will cost the country a ‘big loss’ as the attraction of investments will be hampered especially, $20 billion from Qatar.
“I will vote yes, I don’t care about neither [President Mohamed] Morsi nor Freedom and Justice Party, but I do care about Egypt, the greatest Arab country’’ Anadolu quoted Qaradawi as saying.
Qaradawi has condemned the wave of violence which Egypt’s streets saw last week rejecting the attack on Muslim Brotherhood, affirming that they want a civil state not a religious as some people claim.
Earlier on Friday, Thousands of protesters for and against the drafted constitution have held events across the country today. Qaradawi has come under scrutiny of the opposition who deem him as a staunch supporter of Morsi.
- 2014 in three words: deflation and lower returns
- How fear can be a good force in the workplace
- Housing and education costs eating away Dubai's tax-free benefits
- With World Cup under its sleeve, Qatar comes fourth in global slavery index
- The quiet overachiever: Is Oman going to do better than its GCC peers in 2015?