Berliner Boersenzeitung - After delays, Egypt set for lavish opening of grand museum

EUR -
AED 4.256969
AFN 73.026624
ALL 95.949668
AMD 436.29849
ANG 2.074968
AOA 1062.937298
ARS 1612.956254
AUD 1.648622
AWG 2.089361
AZN 1.97515
BAM 1.955793
BBD 2.330592
BDT 141.989509
BGN 1.981339
BHD 0.437098
BIF 3425.188147
BMD 1.159146
BND 1.479895
BOB 7.995972
BRL 6.159011
BSD 1.157196
BTN 108.180626
BWP 15.778945
BYN 3.510788
BYR 22719.261378
BZD 2.327292
CAD 1.591102
CDF 2637.057544
CHF 0.913917
CLF 0.027244
CLP 1075.745893
CNY 7.982348
CNH 8.005172
COP 4253.385281
CRC 540.49813
CUC 1.159146
CUP 30.717369
CVE 110.264618
CZK 24.515015
DJF 206.059287
DKK 7.48519
DOP 68.689762
DZD 153.294785
EGP 59.995792
ERN 17.38719
ETB 182.369469
FJD 2.566871
FKP 0.87126
GBP 0.86899
GEL 3.147128
GGP 0.87126
GHS 12.613956
GIP 0.87126
GMD 85.201694
GNF 10142.964899
GTQ 8.863969
GYD 242.099162
HKD 9.082199
HNL 30.628894
HRK 7.547552
HTG 151.809475
HUF 393.739159
IDR 19654.711213
ILS 3.60393
IMP 0.87126
INR 108.971952
IQD 1515.894754
IRR 1525001.44174
ISK 144.047519
JEP 0.87126
JMD 181.799371
JOD 0.82188
JPY 184.582853
KES 149.909481
KGS 101.364887
KHR 4623.983998
KMF 494.955743
KPW 1043.080849
KRW 1744.874492
KWD 0.35536
KYD 0.964297
KZT 556.328075
LAK 24848.914008
LBP 103633.441366
LKR 360.978751
LRD 211.759267
LSL 19.520632
LTL 3.422657
LVL 0.701156
LYD 7.407974
MAD 10.813063
MDL 20.15193
MGA 4824.983303
MKD 61.639787
MMK 2434.137979
MNT 4156.167228
MOP 9.340468
MRU 46.32084
MUR 53.912319
MVR 17.920835
MWK 2006.593056
MXN 20.746631
MYR 4.565921
MZN 74.073751
NAD 19.520632
NGN 1572.092184
NIO 42.579853
NOK 11.093021
NPR 173.089401
NZD 1.985179
OMR 0.445696
PAB 1.157196
PEN 4.000686
PGK 4.994983
PHP 69.723065
PKR 323.078682
PLN 4.282755
PYG 7557.973845
QAR 4.231485
RON 5.101986
RSD 117.449594
RUB 96.003268
RWF 1683.694173
SAR 4.352195
SBD 9.33305
SCR 15.877645
SDG 696.647132
SEK 10.831104
SGD 1.486609
SHP 0.86966
SLE 28.486057
SLL 24306.724357
SOS 661.297712
SRD 43.45349
STD 23991.981659
STN 24.499915
SVC 10.124965
SYP 128.128397
SZL 19.526932
THB 38.14522
TJS 11.114462
TMT 4.068602
TND 3.417588
TOP 2.790945
TRY 51.295112
TTD 7.850973
TWD 37.135217
TZS 3008.589588
UAH 50.693025
UGX 4373.984863
USD 1.159146
UYU 46.629839
UZS 14107.951178
VES 527.05282
VND 30499.449254
VUV 138.346896
WST 3.161587
XAF 655.95473
XAG 0.017031
XAU 0.000257
XCD 3.13265
XCG 2.085493
XDR 0.815797
XOF 655.95473
XPF 119.331742
YER 276.576393
ZAR 19.85325
ZMK 10433.709028
ZMW 22.593922
ZWL 373.244535
  • BCE

    0.0600

    25.79

    +0.23%

  • RBGPF

    -13.5000

    69

    -19.57%

  • NGG

    -3.5400

    81.99

    -4.32%

  • BCC

    -1.5600

    68.3

    -2.28%

  • RIO

    -2.5000

    83.15

    -3.01%

  • CMSC

    -0.2000

    22.65

    -0.88%

  • GSK

    -0.5300

    51.84

    -1.02%

  • RELX

    -0.4600

    33.36

    -1.38%

  • BTI

    -1.3500

    57.37

    -2.35%

  • JRI

    -0.3900

    11.77

    -3.31%

  • VOD

    -0.0900

    14.33

    -0.63%

  • BP

    -1.0800

    44.78

    -2.41%

  • AZN

    -5.3300

    183.6

    -2.9%

  • CMSD

    -0.2420

    22.658

    -1.07%

  • RYCEF

    -1.2600

    15.34

    -8.21%

After delays, Egypt set for lavish opening of grand museum
After delays, Egypt set for lavish opening of grand museum / Photo: Khaled DESOUKI - AFP

After delays, Egypt set for lavish opening of grand museum

With much pomp and circumstance, Cairo is due to inaugurate on Saturday the long-awaited Grand Egyptian Museum, widely presented as the crowning jewel on authorities' efforts to overhaul the country's vital tourism industry.

Text size:

With a panoramic view of the Giza pyramids plateau, the GEM houses thousands of artefacts spanning more than 5,000 years of Egyptian antiquity at a whopping cost of over $1 billion.

More than two decades in the making, the ultra-modern museum anticipates five million visitors annually, with never-before-seen relics on display.

In the run-up to the grand opening, Egyptian media and official statements have hailed the "historic moment", describing the museum as "Egypt's gift to the world" and a "new chapter in the history of Egyptian civilisation".

Preparations for the much-delayed inauguration have been shrouded in secrecy.

Authorities have not named the dignitaries expected to attend, but have promised "kings, princes, heads of state and government leaders".

Organisers have also been tight-lipped on the new display for the iconic gold mask of the boy pharaoh Tutankhamun.

Starting Tuesday, the museum will be open to regular visitors who can view 4,500 of about 5,000 funerary objects previously scattered across the country, including at the colonial-era Egyptian Museum in central Cairo.

Egyptian President Abdel Fattah al-Sisi on Saturday held a high-level meeting "dedicated to advancing preparations" for the inauguration, according to an official statement.

- 'Symbolic dimension' -

During the meeting, Sisi urged enhanced coordination to ensure the opening ceremony is held "in a manner befitting Egypt's position, reflecting its leadership in the field of museums and global culture, and contributing to the promotion of tourism in the country".

"Emphasis was placed on the symbolic dimension of GEM, which is set to become an international cultural and scientific hub, contributing to enhancing tourism promotion in Egypt," the statement added.

During a final inspection visit to the site on Tuesday, Prime Minister Mostafa Madbouly said the event reflected Egypt's role "as a cradle of civilisation and a global leader in culture and museum innovation".

The inauguration had been set for July 3, but was postponed when Israel attacked Iran on June 13, sparking a 12-day war that closed airspace across much of the Middle East.

Even before that, the project had faced a series of setbacks, including political unrest and the impact of the Covid-19 pandemic.

In a bid to reach the widest audience possible, Egyptian state-linked conglomerate United Media Services announced a strategic partnership with TikTok seeking to "share Egypt's unparallelled civilisational story with audiences across the globe".

Following years of instability, Egypt's tourism industry -- which accounts for about 10 percent of the country's workforce -- has been recovering.

In the 2023-2024 fiscal year, tourism revenues stood at $14.4 billion, up 34.6 percent compared to the previous year.

Around 15 million tourists have visited Egypt in the first nine months of 2025, accounting for $12.5 billion in revenues and marking a 21 percent increase on the same period last year.

(U.Gruber--BBZ)