Berliner Boersenzeitung - Egypt officially opens grand museum near pyramids

EUR -
AED 4.284503
AFN 77.077368
ALL 96.672535
AMD 444.268837
ANG 2.088356
AOA 1069.812202
ARS 1666.951235
AUD 1.755223
AWG 2.099959
AZN 1.977594
BAM 1.958282
BBD 2.348677
BDT 142.67084
BGN 1.958842
BHD 0.439657
BIF 3445.467236
BMD 1.166644
BND 1.510615
BOB 8.058214
BRL 6.356688
BSD 1.166078
BTN 104.846244
BWP 15.492637
BYN 3.352535
BYR 22866.217636
BZD 2.345263
CAD 1.611893
CDF 2603.949043
CHF 0.936867
CLF 0.027523
CLP 1079.732385
CNY 8.248289
CNH 8.244613
COP 4474.067141
CRC 569.622013
CUC 1.166644
CUP 30.91606
CVE 110.405889
CZK 24.214831
DJF 207.653207
DKK 7.468667
DOP 74.634602
DZD 151.273095
EGP 55.344765
ERN 17.499656
ETB 180.875365
FJD 2.63714
FKP 0.874627
GBP 0.874563
GEL 3.144117
GGP 0.874627
GHS 13.264757
GIP 0.874627
GMD 85.164683
GNF 10132.80021
GTQ 8.932437
GYD 243.968192
HKD 9.076121
HNL 30.71293
HRK 7.536985
HTG 152.653493
HUF 381.862915
IDR 19474.784235
ILS 3.771351
IMP 0.874627
INR 105.17941
IQD 1527.629771
IRR 49130.280577
ISK 149.003932
JEP 0.874627
JMD 186.64658
JOD 0.827088
JPY 181.000109
KES 150.848748
KGS 102.023311
KHR 4668.917998
KMF 492.323307
KPW 1049.978797
KRW 1710.652425
KWD 0.358124
KYD 0.971828
KZT 589.724967
LAK 25286.943606
LBP 104425.214634
LKR 359.684369
LRD 205.24279
LSL 19.763266
LTL 3.444796
LVL 0.705691
LYD 6.339035
MAD 10.770352
MDL 19.841064
MGA 5201.59318
MKD 61.718495
MMK 2449.482257
MNT 4138.521318
MOP 9.351013
MRU 46.501943
MUR 53.782159
MVR 17.948159
MWK 2022.063027
MXN 21.188759
MYR 4.794321
MZN 74.559923
NAD 19.763266
NGN 1691.446479
NIO 42.914211
NOK 11.778815
NPR 167.75163
NZD 2.015712
OMR 0.447547
PAB 1.166178
PEN 3.919768
PGK 4.948251
PHP 68.736353
PKR 326.920482
PLN 4.229381
PYG 8020.165807
QAR 4.250542
RON 5.09217
RSD 117.549501
RUB 89.447988
RWF 1696.650557
SAR 4.378528
SBD 9.602169
SCR 15.76892
SDG 701.729618
SEK 10.946788
SGD 1.510938
SHP 0.875285
SLE 27.662086
SLL 24463.93409
SOS 665.243216
SRD 45.066272
STD 24147.170324
STN 24.530989
SVC 10.20389
SYP 12899.390409
SZL 19.748031
THB 37.140688
TJS 10.699299
TMT 4.09492
TND 3.42078
TOP 2.808998
TRY 49.655234
TTD 7.9058
TWD 36.31996
TZS 2852.443816
UAH 48.955252
UGX 4125.211153
USD 1.166644
UYU 45.608396
UZS 13950.742787
VES 296.971426
VND 30758.562652
VUV 141.585177
WST 3.253316
XAF 656.789501
XAG 0.020047
XAU 0.000277
XCD 3.152913
XCG 2.101655
XDR 0.816835
XOF 656.789501
XPF 119.331742
YER 278.303287
ZAR 19.749998
ZMK 10501.191496
ZMW 26.960173
ZWL 375.658814
  • RBGPF

    0.0000

    78.35

    0%

  • RELX

    -0.2200

    40.32

    -0.55%

  • NGG

    -0.5000

    75.41

    -0.66%

  • VOD

    -0.1630

    12.47

    -1.31%

  • GSK

    -0.1600

    48.41

    -0.33%

  • AZN

    0.1500

    90.18

    +0.17%

  • SCS

    -0.0900

    16.14

    -0.56%

  • BTI

    -1.0300

    57.01

    -1.81%

  • CMSC

    -0.0500

    23.43

    -0.21%

  • RYCEF

    -0.0500

    14.62

    -0.34%

  • CMSD

    -0.0700

    23.25

    -0.3%

  • RIO

    -0.6700

    73.06

    -0.92%

  • BCC

    -1.2100

    73.05

    -1.66%

  • BCE

    0.3300

    23.55

    +1.4%

  • JRI

    0.0400

    13.79

    +0.29%

  • BP

    -1.4000

    35.83

    -3.91%

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)