The Antiquities Ministry will accept bids for the tender to manage the Grand Egyptian Museum (GEM) until mid-September and announce the winner at the end of the year, government sources told the local press. Five consortiums made up of Egyptian, British, Italian, French, and American companies have placed bids, and a UAE-based company has applied on its own. Sources said yesterday that the ministry and the cabinet will evaluate these offers by the end of September.
More from Enterprise
Banks threaten to look beyond London as windfall tax talk grows
International lenders say more tax could tip the balance as…
Granite is about to test whether Egypt’s funds still need administrators
The asset manager and blockchain builder Tarmiiz have entered the…
Gulf stock exchanges are growing in importance, but they’re still a long way from becoming capital market hubs -Fitch
The diagnosis lands in a year when UAE and Saudi…
Egyptian-UK fintech Zeal raises USD 10 mn to back expansion plans
The London-based, Egyptian-founded fintech is preparing to activate its loyalty…