Naguib Sawiris boosts funding for Egypt’s pyramids facilities development
Why This Matters
Key context: <p>Orascom Pyramids Entertainment, owned by billionaire Naguib Sawiris, is increasing its investment in ancient Egyptian archaeological sites by a third, betting on sporting events and pop concerts by stars like Shakira to help propel tourism to new heights. The new investment, totaling approximately US$ 10 million, will fund additions including a fleet of 30 multi-stop …</p> <p>The post <a href="https://www.egyptindependent.com/naguib-sawiris-boosts-funding-for-egypts-pyramids-facilities-development/">Naguib Sawiris boosts funding for Egypt’s pyramids facilities development</a> appeared first on <a href="https://www.egyptindependent.com">Egypt Independent</a>.</p> This development from egyptindependent.com highlights ongoing changes in the sector.
Orascom Pyramids Entertainment, owned by billionaire Naguib Sawiris, is increasing its investment in ancient Egyptian archaeological sites by a third, betting on sporting events and pop concerts by stars like Shakira to help propel tourism to new heights. The new investment, totaling approximately US$ 10 million, will fund additions including a fleet of 30 multi-stop … The post Naguib Sawiris boosts funding for Egypt’s pyramids facilities development appeared first on Egypt Independent.
Curation & Context
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