Orascom Announces Additional Investment in Giza Pyramids Development Project ...Egypt

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Orascom Announces Additional Investment in Giza Pyramids Development Project
Orascom Pyramids Entertainment (OPE) revealed plans to invest an additional EGP 500 million (USD 10.08 million) in the ongoing development of the Pyramids Plateau, according to company chairman Amr Gazarin. This brings the company’s total investment in the project to EGP 1.5 billion (USD 30.25 million), as stated in an interview with CNBC Arabia on Thursday, 23 November. The project, part of a 2018 cooperation protocol with Egypt’s Supreme Council of Antiquities under the Ministry of Tourism and Antiquities, aims to enhance the visitor experience at the Giza Pyramids and attract more tourists to one of the world’s most iconic heritage sites. Gazarin noted that the initiative includes revenue

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