An Egyptian billionaire says he has considered buying an island in the Mediterranean to help house refugees fleeing conflict and instability.

Naguib Sawiris tweeted his “crazy idea” earlier this week, offering to purchase one of the empty islands that cluster off the coasts of Italy and Greece.

When asked if his idea could actually work, Mr Sawiris said: “Of course it’s feasible.”

“You have dozens of islands which are deserted and could accommodate hundreds of thousands of refugees.”

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