Naguib Sawiris boosts funding for Egypt’s pyramids facilities development

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Orascom Pyramids Entertainment, owned by billionaire Naguib Sawiris, is increasing investment by about US$10 million to develop facilities at Egypt's pyramids. The funding aims to boost tourism through sports events and concerts featuring stars like Shakira.

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.