Five foreign consortiums have applied for prequalification for the tender to manage and operate the Grand Egyptian Museum’s (GEM) facilities, government sources said. The consortiums include Italian, Japanese, French, and GCC-based management companies. The Antiquities Ministry will announce the prequalified companies’ names tomorrow, with the deadline to apply set for today at 3pm CLT. The GEM is set to be inaugurated in December.
More from Enterprise
Four foreign funds line up USD 256 mn for Banque du Caire
London’s Redwheel is among the backers, nearly two weeks after…
Inside the financing of Egypt’s IPP boom
The contracts and the resources are proven, so the open…
A dozen companies have moved up from the SME board, and analysts say investors should look at how capital is being raised
Companies can apply to move to the main board above…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…