logo
World's largest ancient civilisation museum, Tutankhamun's new home, to open near Giza Pyramids Nov 1

World's largest ancient civilisation museum, Tutankhamun's new home, to open near Giza Pyramids Nov 1

Malay Mail3 days ago
CAIRO, Aug 7 — Egypt said on Wednesday that its much-anticipated new US$1-billion archaeological museum near the Pyramids of Giza will officially open on November 1 after several delays.
Authorities hope that the Grand Egyptian Museum (GEM), which boasts the treasures of Tutankhamun among its collection of more than 100,000 ancient Egyptian artefacts, will attract visitors from around the world.
Official say that at 50 hectares (124 acres), the museum will be the largest in the world dedicated to a single civilisation.
Prime Minister Moustafa Madbouly told a cabinet meeting that President Abdel Fattah al-Sisi had approved the new opening date.
He said the opening would 'an exceptional event' that would showcase Egypt's cultural heritage and attract visitors from around the world.
It had been set for July 3 but was postponed when Israel attacked Iranian nuclear facilities on June 13 sparking a 12-day war that closed airspace across much of the Middle East.
The project has faced a series of setbacks, including political unrest and the impact of the Covid-19 pandemic.
Authorities anticipate that the museum will draw five million visitors per year in a major boost to the tourism industry, which is a key foreign exchange earner for Egypt. — AFP
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Dusit International expands Saudi portfolio with new dusitD2 resort in Al Ahsa
Dusit International expands Saudi portfolio with new dusitD2 resort in Al Ahsa

The Sun

time12 hours ago

  • The Sun

Dusit International expands Saudi portfolio with new dusitD2 resort in Al Ahsa

RIYADH, SAUDI ARABIA - Media OutReach Newswire - 8 August 2025 - Dusit International has signed a hotel management agreement with Al Ghadeer Group to operate dusitD2 Al Ahsa – a new upper-upscale resort in the heart of Al Ahsa Oasis, a UNESCO World Heritage Site in the eastern part of the Arabian Peninsula. The signing ceremony, held under the esteemed patronage of HRH Prince Saud bin Talal bin Badr Al Saud, Governor of Al Ahsa, was attended by notable dignitaries including Mr Naif Al Madi, Chief Business Officer of the Tourism Development Fund; Sheikh Bassem Al Ghadeer, Chairman of Al Ghadeer Group of Companies; and Mr Gilles Cretallaz, Chief Operating Officer of Dusit International. Located just 30 minutes by car from Al Ahsa International Airport and 90 minutes from Dammam, dusitD2 Al Ahsa is set amidst palm-fringed landscapes and dramatic mountain vistas. The resort will offer 120 spacious suites, ranging from one-bedroom to three-bedroom configurations, each with a private terrace and plunge pool, providing an elevated sense of privacy and relaxation. Designed by Cairo-based El Ghoneimi Architects, the resort's masterplan draws inspiration from the desert's timeless beauty, the nearby mountains, and the life-giving symbolism of the palm tree. Guests will enjoy a comprehensive range of premium facilities, including a wellness centre with private treatment rooms, meditation areas, and dedicated spaces for yoga and holistic healing; an elegant 1,500 sq m ballroom and expansive outdoor event lawn for weddings and large social or corporate gatherings; well-equipped meeting rooms for business travellers; a vibrant all-day dining restaurant; a lobby café offering light gourmet fare; a large outdoor swimming pool with an adjoining kids' pool; and a dedicated kids club providing engaging activities in a safe and stimulating environment. Surrounded by cultural and ecological treasures such as Al Qarah Mountain, Juatha Park, and the historic Qaisariah Souq, the resort is ideally positioned to serve as a gateway for domestic and international travellers seeking meaningful experiences and immersive stays amid the largest oasis in the world. 'This important signing reflects our strategic commitment to bringing Dusit's unique brand of Thai-inspired, gracious hospitality to key destinations worldwide and our dedication to delivering sustainable value for the communities we serve,' said Mr Gilles Cretallaz, Chief Operating Officer, Dusit International. 'We are delighted to partner with Al Ghadeer Group to create a destination that celebrates Al Ahsa's rich heritage and natural beauty while offering exceptional comfort, modern luxury, responsible design, and memorable experiences for guests of all ages.' Set to open in 2027, dusitD2 Al Ahsa underscores Dusit International's continued expansion in the Middle East, where the company currently operates nine properties and continues to explore opportunities to deliver holistic hospitality experiences across the region. It is the second Dusit-branded property confirmed for Saudi Arabia, following the upcoming opening of Dusit Princess Al Majma'ah, Riyadh, scheduled for Q4 this year.

Bayern drop ‘Visit Rwanda' sponsorship amid conflict backlash
Bayern drop ‘Visit Rwanda' sponsorship amid conflict backlash

Malay Mail

time15 hours ago

  • Malay Mail

Bayern drop ‘Visit Rwanda' sponsorship amid conflict backlash

MUNICH, Aug 9 — Bayern Munich will end a sponsorship promoting tourism in Rwanda after controversy relating to the ongoing conflict in the region. Bayern yesterday announced its partnership with the African nation, initially signed in 2023 and set to run until 2028, would shift to focus on a youth academy. 'The new arrangement transitions away from a commercial sponsorship to a dedicated partnership focusing on football development in Rwanda through the expansion of the FC Bayern Youth Academy in Kigali,' Bayern CEO Jan-Christian Dreesen said in a statement. The statement did not expressly mention the underlying reasons for the shift, but German media yesterday widely reported the decision was motivated by criticism as a result of the escalating conflict. In February, Bayern fans held up a banner at a home game saying the deal 'betrayed the values' of the club. The Rwandan government has been accused of disregarding human rights and supporting rebels fighting against government forces in the neighbouring Democratic Republic of the Congo. At the beginning of 2025, violence in the eastern Democratic Republic of Congo intensified. The Rwandan-backed M23 armed group and Rwandan troops seized Goma, the capital of North Kivu province, in January, and then Bukavu, the capital of South Kivu province, in February. The UN estimates thousands have died as a result of the attacks. The deal included 'Visit Rwanda' advertising at Bayern's 75,000-seat Allianz Arena home ground and replaced a controversial deal with Qatar, which was also criticised by the club's supporters. Following criticism of the previous deal, Bayern sent staff to Rwanda to assess the situation on the ground. The new contract runs until 2028. Premier League side Arsenal and Champions League winners Paris Saint-Germain also have faced criticism for similar sponsorship deals with Rwanda. — AFP

Finance Ministry sees moderate growth for Malaysia in 2026 amid global trade uncertainty
Finance Ministry sees moderate growth for Malaysia in 2026 amid global trade uncertainty

Malay Mail

timea day ago

  • Malay Mail

Finance Ministry sees moderate growth for Malaysia in 2026 amid global trade uncertainty

KUALA LUMPUR, Aug 8 — Malaysia's economy is expected to grow at a moderate pace in 2026 amid heightened global trade uncertainties and subdued external demand, said the Ministry of Finance (MoF). In its Pre-Budget Statement 2026, the minister stated that growth will be anchored by resilient domestic demand, particularly through private investment, stable employment, and income-enhancing measures such as targeted cash transfers and wage increases. The tourism sector, driven by Visit Malaysia 2026, is also set to contribute significantly to services growth. 'In this context, Budget 2026 will prioritise strengthening domestic sources of growth, diversifying export markets, and expanding household income opportunities. 'Public investment will be advanced through strategic projects under the 13th Malaysia Plan (13MP) and increased domestic direct investment (DDI) by government-linked investment companies (GLICs) through the Government-linked Enterprises Activation and Reform Programme (GEAR-uP), reinforcing the foundations for inclusive and sustainable economic resilience,' said MoF. In the first quarter of 2025, gross domestic product (GDP) expanded 4.4 per cent, driven by household consumption, investment and the construction sector. The momentum is expected to continue in the second quarter of 2025, with an advance estimate indicating growth at 4.5 per cent. Despite global developments, the Malaysian economy remained resilient and is projected to expand by 4.0 per cent to 4.8 per cent in 2025. Inflation abated further to 1.1 per cent in June 2025 from 2.0 per cent in the previous year, marking the lowest pace in 52 months. Meanwhile, the labour market continued to strengthen, with the national unemployment rate declining to 3.0 per cent in May 2025, down from 3.3 per cent in May 2024. The government, it said, remain committed to fiscal consolidation and continues to target narrowing the fiscal deficit to 3.8 per cent in 2025, from 4.1 per cent in the preceding year — resuming the gradual consolidation from 5.0 per cent in 2023 and 5.5 per cent in 2022. Besides, new debt eased from RM99.4 billion in 2022 to RM92.6 billion in 2023. MoF said the downward trajectory continued in 2024, with new debt amounting to RM76.8 billion. On currency, the ringgit emerged as one of Asia's best-performing currencies as at Aug 6, 2025, appreciating 5.8 per cent to RM4.2270 against the US dollar. 'Despite a challenging global environment, demand for the ringgit remains supported by strong economic fundamentals and investor confidence,' said the ministry. Among government's strategic initiatives which showed significant results include, securing RM384.4 billion in approved investments in 2024, marking the second straight year of record-breaking performance (2023; RM329.5 billion), and was given credit rating position of A3 by Moody's Investor Service, A- by S&P Global Ratings and BBB+ by Fitch Ratings, all with a 'Stable' outlook. 'Malaysia made the biggest leap in the IMD World Competitiveness Ranking 2025, jumping 11 spots to 23rd out of 69 economies, its best showing since 2020, and the only country to record a double-digit improvement,' it said. Accordingly, the GEAR-uP programme has mobilised RM11 billion in investments into high-growth sectors, and at the same time, leading government-linked investment companies (GLICs) and their associated government-linked companies (GLCs) commit to a RM3,100 minimum wage for 153,000 workers. Meanwhile, the government has shifted to targeted subsidies, raising Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) allocations to RM15 billion, including a one-off RM100 SARA credit for all adults. MoF also said fiscal resilience is being strengthened through tax base expansions and new tax measures. Key infrastructure upgrades include Light Rail Transit Line 3 (LRT3), Electric Train Service (ETS) extension to Johor Bahru, East Coast Rail Link (ECRL), and Rapid Transit System (RTS) Link, while healthcare and climate projects, such as Hospital Sultanah Aminah 2 and RTB Kota Bharu, advance. In Sabah and Sarawak, priority remains on expanding access to roads such as the Pan Borneo Highway, clean water through the construction of a water treatment plant in Landeh, Sarawak and rural connectivity, including the construction of the main electricity supply substation in Paitan, Sabah. — Bernama

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store