The Sound and Light Cinema Company (SLCC) has raised the minimum value of its annual tender to develop and manage the sound and light show at the Pyramids to USD 2.5 mn, sources familiar with the matter told Al Mal. The previous contract was worth EGP 10 mn (c. USD 600k), and was held by a JV between Orascom Investment Holding (OIH) and Prism International. SLCC annulled the contract last year after Orascom breached the contract terms by failing to carry out the required work. The company has launched a separate tender to develop the area near the Sphinx, according to Youm7.
More from Enterprise
The CBE is taking a tougher stance on regulation
Last summer, HSBC paid the CBE a EGP 1.4 bn…
Farmers aren’t borrowing to survive anymore — they’re investing
Medium-term loans rose more than 1k% to EGP 22.6 bn…
The GCC IPO party took a breather in 2025
The region recorded 40 IPOs during the year, down from…
Valu gets regulatory green light to start operations in Jordan
Former Jordanian Investment Minister Mothanna Gharaibeh will serve as chairman…