Latest news with #MinistryofthePublicBusinessSector
Egypt Independent
3 days ago
- Entertainment
- Egypt Independent
Photos: New Sound and Light shows launch at the Giza Pyramids on Sunday
The Egyptian Company for Sound and Light and Tourism Development, affiliated with the Holding Company for Tourism and Hotels, a subsidiary of the Ministry of the Public Business Sector, will begin a trial run of virtual reality (VR) shows at Giza Pyramids area, starting on Sunday. This comes as part of the Ministry of the Public Business Sector's efforts to enhance tourism experience using modern technology, providing innovative cultural and educational content. This experience is the first of its kind in the Pyramids area, with the shows presented within a building belonging to the Sound and Light Company. The latest 3D virtual reality technologies have been employed to provide content that accurately simulates the ancient Egyptian environment, reflecting the grandeur of the Pharaonic civilization and making visiting it a truly immersive experience. Visitors can virtually tour historical archaeological sites through an interactive experience that simulates the past using advanced virtual reality glasses, taking them back in time through ancient history. Highlights Highlights of the shows include exploring the tomb of Tutankhamun with all its treasures and artifacts, simulating the process of building the pyramids, delving into the secrets of the sunken monuments of ancient Alexandria, and learning about the rituals and secrets of mummification. This project is part of the ministry's plan to modernize and develop tourism services and enrich the visitor experience with interactive content that combines entertainment and knowledge, particularly for young people, Egyptians, and foreign visitors. This will contribute to strengthening Egypt's image as a developed and revitalized tourist destination. The project is scheduled to later include other archaeological sites, including the temples of Karnak, Edfu, Abu Simbel, and the Qaitbay Citadel, becoming a key component of the company's plan for digital transformation in the cultural tourism sector.
Zawya
06-02-2025
- Business
- Zawya
Egypt's PM reviews ongoing development of public business sector companies
Egypt - Prime Minister Mostafa Madbouly held a meeting at the government headquarters in the New Administrative Capital with Mohamed El-Shemy, Minister of the Public Enterprises Sector, to review the progress of development initiatives for state-owned companies. In his opening remarks, Prime Minister Madbouly reaffirmed that maximizing the return on state-owned assets remains one of the government's top priorities for fostering economic growth. 'We are dedicated to improving the performance and development of companies and factories under the Ministry of the Public Business Sector,' he stated. During the meeting, Minister El-Shemy provided a comprehensive update on several development projects underway in the sector, starting with the modernization efforts at companies under the Chemical Industries Holding Company. El-Shemy outlined key projects, including the $278.3m and EGP 6.4bn investment in the rehabilitation of the Kima 1 plant, alongside a $53 million upgrade of the Ferrosilicon factory. The Minister also highlighted ongoing developments at the Delta Fertilizers and Chemical Industries Company in Talkha, with an estimated investment of €60 million for Phase 1 and €450m for Phase 2. Additionally, El-Shemy discussed a €13.5 million project to establish an industrial wastewater treatment plant and efforts to develop the fertilizer sector, such as the creation of an ammonia production plant at El Nasr for Fertilizers and Chemical Industries (SEMADCO), which will produce 1,350 tons per day. A green ammonia production plant with a capacity of 1,000 tons per day is also part of the initiative. The Minister further touched on the development of companies within the Holding Company for Metallurgical Industries, including a significant upgrade at El Nasr Automotive. He noted that the investment for Factory 4's production line upgrade is valued at EGP 675m and $3m. The cooperation with the Chinese company Dongfong was also discussed, with trial operations set to begin soon. El-Shemy continued with updates on the ongoing modernization of El Nasr Mining Company, Delta Steel Company, and the Drug Holding Company – HoldiPharma. He also covered the development projects underway within the Holding Company for Tourism and Hotels (HOTAC) and the Holding Company for Construction and Development (HCCD), showcasing the broad scope of reform efforts across the sector. © 2024 Daily News Egypt. Provided by SyndiGate Media Inc. (
