Orascom Pyramids Entertainment, owned by billionaire Naguib Sawiris, is increasing its investment in ancient Egyptian archaeological sites by a third, betting on sporting events and pop concerts by stars like Shakira to help propel tourism to new heights. The new investment, totaling approximately US$ 10 million, will fund additions including a fleet of 30 multi-stop …
The post Naguib Sawiris boosts funding for Egypt’s pyramids facilities development appeared first on Egypt Independent.