Berliner Boersenzeitung - Egypt officially opens grand museum near pyramids

EUR -
AED 4.270852
AFN 76.753326
ALL 96.871641
AMD 444.34321
ANG 2.081971
AOA 1066.404324
ARS 1637.96905
AUD 1.768146
AWG 2.096176
AZN 1.984058
BAM 1.964614
BBD 2.342419
BDT 142.006471
BGN 1.96194
BHD 0.438444
BIF 3430.635308
BMD 1.162927
BND 1.515794
BOB 8.036087
BRL 6.156416
BSD 1.163023
BTN 103.118174
BWP 16.580528
BYN 3.965975
BYR 22793.373569
BZD 2.338983
CAD 1.626743
CDF 2485.782904
CHF 0.923598
CLF 0.02757
CLP 1081.545795
CNY 8.27161
CNH 8.252637
COP 4310.680483
CRC 584.218459
CUC 1.162927
CUP 30.817571
CVE 110.914228
CZK 24.213598
DJF 206.675239
DKK 7.4674
DOP 74.888527
DZD 151.525944
EGP 54.878486
ERN 17.443908
ETB 178.628559
FJD 2.641936
FKP 0.885709
GBP 0.883517
GEL 3.135314
GGP 0.885709
GHS 12.751488
GIP 0.885709
GMD 85.475222
GNF 10100.023102
GTQ 8.913063
GYD 243.32161
HKD 9.036474
HNL 30.597275
HRK 7.53763
HTG 152.232303
HUF 384.088072
IDR 19452.516243
ILS 3.719373
IMP 0.885709
INR 103.118499
IQD 1523.434662
IRR 48973.774641
ISK 146.993844
JEP 0.885709
JMD 187.019021
JOD 0.824479
JPY 179.635627
KES 150.251978
KGS 101.697725
KHR 4674.967049
KMF 497.14914
KPW 1046.637685
KRW 1700.792715
KWD 0.356728
KYD 0.969156
KZT 610.315425
LAK 25229.706209
LBP 104166.551525
LKR 354.207553
LRD 211.652951
LSL 20.054625
LTL 3.433822
LVL 0.703443
LYD 6.349491
MAD 10.794875
MDL 19.701556
MGA 5233.172793
MKD 61.733475
MMK 2441.652251
MNT 4162.205515
MOP 9.309827
MRU 46.342628
MUR 53.284885
MVR 17.91489
MWK 2018.841417
MXN 21.250399
MYR 4.7994
MZN 74.380961
NAD 20.054706
NGN 1677.138589
NIO 42.761064
NOK 11.689803
NPR 164.98948
NZD 2.047863
OMR 0.447144
PAB 1.163013
PEN 3.91791
PGK 4.790877
PHP 68.480152
PKR 326.491971
PLN 4.230714
PYG 8206.818125
QAR 4.234099
RON 5.084432
RSD 117.18123
RUB 93.760251
RWF 1686.244473
SAR 4.361578
SBD 9.579464
SCR 16.122031
SDG 698.338687
SEK 10.93376
SGD 1.51177
SHP 0.872497
SLE 27.183431
SLL 24385.997567
SOS 664.610915
SRD 44.838399
STD 24070.245573
STN 24.944789
SVC 10.176611
SYP 12858.394656
SZL 20.054668
THB 37.527967
TJS 10.769368
TMT 4.070245
TND 3.433546
TOP 2.80005
TRY 49.137626
TTD 7.886346
TWD 36.134438
TZS 2837.542269
UAH 48.928999
UGX 4215.895583
USD 1.162927
UYU 46.24728
UZS 13960.941125
VES 271.270858
VND 30619.873779
VUV 142.095719
WST 3.271232
XAF 658.910226
XAG 0.021427
XAU 0.000275
XCD 3.142869
XCG 2.095994
XDR 0.8196
XOF 657.054069
XPF 119.331742
YER 277.378994
ZAR 19.782673
ZMK 10467.737686
ZMW 26.080115
ZWL 374.462091
  • RBGPF

    -0.0500

    78.47

    -0.06%

  • CMSC

    0.1100

    24.08

    +0.46%

  • RYCEF

    -0.0700

    14.96

    -0.47%

  • RELX

    -1.1200

    41.36

    -2.71%

  • GSK

    -0.3400

    48.07

    -0.71%

  • SCS

    0.0000

    15.75

    0%

  • RIO

    0.7900

    71.11

    +1.11%

  • NGG

    0.7200

    78.03

    +0.92%

  • AZN

    -1.4100

    87.68

    -1.61%

  • BTI

    0.0600

    55.82

    +0.11%

  • BP

    -0.4900

    36.86

    -1.33%

  • BCC

    0.6500

    70.28

    +0.92%

  • VOD

    -0.3000

    12.37

    -2.43%

  • JRI

    0.0500

    13.87

    +0.36%

  • BCE

    -0.6400

    22.77

    -2.81%

  • CMSD

    0.2300

    24.55

    +0.94%

Egypt officially opens grand museum near pyramids

Egypt officially opens grand museum near pyramids

Egypt officially opened on Saturday the Grand Egyptian Museum, a long-awaited, billion-dollar showcase of pharaonic grandeur that Cairo hopes will revive tourism and boost its battered economy.

Text size:

"Today, as we celebrate together the opening of the Grand Egyptian Museum, we are writing a new chapter in the history of the present and the future," Egyptian President Abdel Fattah al-Sisi told a gathering of dignitaries, sitting in the museum's square.

Spanning half a million square metres, the museum houses around 100,000 artefacts -- half of them on display -- dating back more than six millennia.

The audience at the opening watched a display of lights and music, with the pyramids towering in front of them.

Dozens of performers dressed in elaborate Pharaonic costumes played traditional tunes as a laser show depicting pharaohs and fireworks lit up the night sky above the museum.

On giant screens above, scenes from celebrations in Tokyo and Rio de Janeiro played out against the backdrop of Egypt's ancient monuments.

"It is a living testimony to the genius of the Egyptian human," Sisi said, referring to the new institution.

- 'Global landmark' -

On Saturday morning, roads around the museum were cordoned off and security tightened ahead of the opening, with giant banners draped from buildings and strung across streets -- advertising the launch.

"This is the dream that all of us imagined. We all dreamed that this project would be realised," Egyptian Prime Minister Mostafa Madbouly told a press conference in Cairo on Saturday.

Set on a gentle slope overlooking the Giza Plateau, just beyond the shadow of the pyramids, the museum was built with major financial and technical support from Japan, and spreads across nearly half a million square metres.

Madbouly said that the "largest part of construction, finishing and bringing this global landmark to its current form occurred during the past seven to eight years".

More than two decades in the making, the GEM faced multiple delays due to setbacks related to political unrest, regional conflicts and the Covid-19 pandemic.

The museum is billed as the world's largest collection devoted to a single civilisation, according to Egyptian officials.

Inside, visitors will enter vast, light-filled halls with soaring ceilings and sand-coloured stone walls that echo the surrounding desert.

At the centre of the main atrium stands an 83-tonne statue of Ramses II, the pharaoh who ruled Egypt for 66 years and presided over its golden age.

Unlike the cramped, century-old Egyptian Museum in central Cairo, the GEM features immersive galleries, precision lighting, virtual-reality exhibits and even a children's museum.

One highlight is a live conservation lab, visible through floor-to-ceiling glass, where visitors can watch restorers assembling a 4,500-year-old solar boat buried near Khufu's pyramid, built to carry his soul across the sky with the sun god Ra.

The undisputed star of the show, however, is King Tutankhamun's collection of more than 5,000 objects, many displayed together for the first time.

- 'Too early to decide' -

The museum opens to the public on Tuesday, showcasing thousands of funerary artefacts previously scattered across Egypt.

Egypt's tourism sector, a vital source of foreign currency and jobs, has been repeatedly shaken over the past decade and a half, from the 2011 uprising to waves of unrest and sporadic terrorist attacks in the aftermath.

In recent years, tourism has shown signs of recovery, with 15 million visitors travelling to Egypt in the first nine months of 2025 and generating $12.5 billion, up 21 percent from a year earlier.

Egyptian tourism minister Sherif Fathy expected on Saturday total tourist arrivals to stand at 18 million by the end of this year.

He told reporters the government expects the museum to draw five million visitors annually, adding that it currently welcomes 5,000 to 6,000 visitors each day.

"We hope to increase that to 15,000 daily," said Fathy.

Monica Hanna, an Egyptologist and heritage campaigner, told AFP it was "too early to decide" whether the museum would fulfil Egypt's ambitions of boosting tourism.

Observers remain cautious, saying that the museum's success will depend on a steady flow of visitors, regular maintenance and robust infrastructure.

They say that economic pressures and regional instability -- including the wars in Gaza and Sudan -- could challenge Egypt's hopes of turning the museum into a major driver of tourism.

(H.Schneide--BBZ)