Sound and light show tender extended to 3 December

The Sound and Light Cinema Company has extended the bidding deadline for its tender to develop the sound and light show at the Giza Pyramids to 3 December from 5 November, Managing Director Mohamed Abdel Aziz told Masrawy. One European and four Egyptian companies have submitted bids, Abdel Aziz said, without disclosing the firms. Companies will be required to invest at least USD 15 mn in the project, and international firms would need to create an Egyptian joint stock company with a minimum capital of EGP 25 mn, Al Mal reports, citing unnamed sources.