logo
Egypt sets opening of $1 bn Pyramids museum for Nov 1

Egypt sets opening of $1 bn Pyramids museum for Nov 1

Daily Tribune10 hours ago
TDT | Cairo
Egypt said yesterday that its much-anticipated new $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.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Hong Kong's Cathay Pacific unveils deal to buy 14 Boeing jets
Hong Kong's Cathay Pacific unveils deal to buy 14 Boeing jets

Daily Tribune

time10 hours ago

  • Daily Tribune

Hong Kong's Cathay Pacific unveils deal to buy 14 Boeing jets

TDT | Hong Kong Hong Kong carrier Cathay Pacific said on Wednesday it would place a US$8.1 billion order for 14 Boeing jets, its first with the US aircraft maker for more than a decade. The airline said in a filing to the city's stock exchange it would "purchase 14 Boeing 777- 9 aircraft" and had "secured the right to acquire up to seven additional Boeing 777-9 aircraft". The new order expects the aircraft to be delivered by 2034, according to a separate filing. Cathay was one of the first buyers to commit to Boeing's 777X programme when it unveiled the purchase of 21 aircraft in 2013. Boeing said in a statement the new deal brought the order book of 777-9 aircraft -- "the world's largest twin-engine airplane" -- to 35. The jets, designed to reduce fuel use and emissions, would meet Cathay's growing global travel demand, it said. "Boeing certainly had a troubled period in the recent past, but we are very encouraged by the renewed focus that Boeing leadership has on engineering and production quality," Cathay's operations and service delivery officer Alex McGowan told a news conference. Cathay already has a fleet of more than 230 mostly passenger aircraft, consisting of Boeing and Airbus jets. It has agreed to buy more than 100 new aircraft, it said on Wednesday, adding that the new order has brought Cathay's total investment to $12.7 billion (HK$100 billion).

Businessman on Trial for Faking Brother's Death in $500,000 Insurance Scam
Businessman on Trial for Faking Brother's Death in $500,000 Insurance Scam

Daily Tribune

time10 hours ago

  • Daily Tribune

Businessman on Trial for Faking Brother's Death in $500,000 Insurance Scam

TDT | Manama A businessman appeared before the High Criminal Court accused of orchestrating a fake death scheme involving his brother to fraudulently claim a $500,000 life insurance payout. The man, who was reported dead, was later discovered to be alive and living abroad. The case revolves around a 44-year-old investor who had taken out a life insurance policy in April 2023, listing his wife as the beneficiary. Just four months later, the insurance company received a death notice from a broker, claiming the policyholder had died in an Asian country. A claim was submitted, and a civil court initially ruled in favour of the wife. However, when the insurance company requested supporting documents, inconsistencies began to emerge, eventually uncovering the alleged fraud.

Italy approves plans for world's longest suspension bridge
Italy approves plans for world's longest suspension bridge

Daily Tribune

time10 hours ago

  • Daily Tribune

Italy approves plans for world's longest suspension bridge

TDT | Italy approves plans for world's longest suspension bridge Rome, Italy Italy's government yesterday approved a controversial 13.5-billion-euro ($15.6-billion) project to build what would be the world's longest suspension bridge connecting the island of Sicily to the mainland. Prime Minister Giorgia Meloni's coalition hailed the state-funded project as an economic boost for the impoverished south of Italy -- only for critics to warn that it risks turning into a financial black hole. Italian politicians have for decades debated a bridge over the Strait of Messina, a narrow strip of water between the island of Sicily and the region of Calabria, at the toe of Italy's boot. But ministers say Wednesday's approval by a government committee, CIPESS, is the furthest the project has ever got. Advocates say the bridge, due for completion by 2032, is at the cutting edge of engineering, able to withstand high winds and earthquakes in a region that lies across two tectonic plates.

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