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
FM Abdelatty pitches SCZone to Brazilian and Indian investors
Plus: CIB gears up to launch digital bank Yomo in…
Qatar’s Green Sky Capital secures financing for USD 200 mn SAF plant
The facility could add more than 10% to global SAF…
New tax bill heads to House ahead of July rollout
The new package scraps the contentious capital gains tax, overhauls…
Apis Partners has continued appetite for Egypt after closing its third fund at more than double its predecessor
Apis partner Hossam Abou Moussa singles out MNT-Halan as a…