{"id":559015,"date":"2021-01-05T03:40:53","date_gmt":"2021-01-05T03:40:53","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/05\/deja-vu\/"},"modified":"2021-01-05T03:40:53","modified_gmt":"2021-01-05T03:40:53","slug":"deja-vu","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/01\/05\/deja-vu\/","title":{"rendered":"D\u00e9j\u00e0 vu"},"content":{"rendered":"

<\/a> Orascom Investment Holding (OIH) looks set to snag the contract to develop the <\/strong>sound and light show at the Giza Pyramids after emerging as the <\/strong>sole bidder<\/a><\/strong> in the tender launched by the Sound and Light Cinema Company (SLCC). The Holding Company for Tourism and Hotels is now going to begin negotiations with OIH over the financial offer for the project, HOTAC Chairperson Mervat Hataba tells Masrawy<\/a>. Five local and international companies were earlier reported to have expressed interest in the tender.<\/p>\n

You\u2019re not losing your mind: Orascom has been here before: <\/strong>OIH was awarded the same tender back in 2018, but failed to carry out the contracted work for the EGP 10 mn project, and paid a EGP 6 mn settlement<\/a> to the SLCC in late 2019 instead. SLCC reissued the tender<\/a> in September 2020 and specified new requirements<\/a> for companies that would see them invest at least USD 15 mn in the project, while international firms would also need to create an Egyptian joint stock company with a minimum capital of EGP 25 mn.<\/p>\n

This is part of a wider push by Orascom to dominate the redevelopment of the Giza <\/strong>plateau:<\/strong> Orascom Construction played a leading role in the construction of the Grand Egyptian Museum<\/a> and the development of the plateau, Orascom Development Egypt is managing a plethora of services and facilities, while Orascom Pyramids is taking charge of the electric bus route<\/a> that will take visitors around the complex.<\/p>\n","protected":false},"excerpt":{"rendered":"

Orascom Investment Holding (OIH) looks set to snag the contract to develop the sound and light show at the Giza Pyramids after emerging as the sole bidder in the tender launched by the Sound and Light Cinema Company (SLCC). The Holding Company for Tourism and Hotels is now going to begin negotiations with OIH over […]<\/p>\n","protected":false},"author":1,"featured_media":559016,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7377],"tags":[72,3620,3621,363,3437,238],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-559015","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tourism","tag-enterpriseam","tag-giza-plateau","tag-holding-company-for-tourism-and-hotels","tag-orascom-construction","tag-sound-and-light-cinema-company","tag-tourism","wpautop","entry"],"acf":{"mongo_id":"bd59ab3e-4417-479c-911d-2f39aae1fb00","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2021\/1\/54.jpg","photo_position":"above","related_issue":[559007],"teaser":"","voice_url":""},"yoast_head":"\nD\u00e9j\u00e0 vu - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/01\/05\/deja-vu\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"D\u00e9j\u00e0 vu\" \/>\n<meta property=\"og:description\" content=\"Orascom Investment Holding (OIH) looks set to snag the contract to develop the sound and light show at the Giza Pyramids after emerging as the sole bidder in the tender launched by the Sound and Light Cinema Company (SLCC). 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The previous contract was worth EGP 10 mn (c. USD\u2026","rel":"","context":"In "Tourism"","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594048,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/17\/public-enterprises-ministry-reaches-settlement-with-oih-over-slcc-dispute\/","url_meta":{"origin":559015,"position":2},"title":"Public Enterprises Ministry reaches settlement with OIH over SLCC dispute","author":"enterpriseam admin","date":"17 October 2019","format":false,"excerpt":"DISPUTE WATCH- OIH-Prism JV, Sound and Light Company reach settlement over contract annulment: A JV between Orascom Investment Holding (OIH) and Prism International has reached a settlement agreement with the Sound and Light Cinema Company (SLCC) over the annulment of a EGP 10 mn contract to develop the Giza Plateau,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599587,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/03\/somethings-going-on-out-by-the-pyramids-but-we-cant-quite-put-our-finger-on-it\/","url_meta":{"origin":559015,"position":3},"title":"Something\u2019s going on out by the Pyramids, but we can\u2019t quite put our finger on it","author":"enterpriseam admin","date":"3 January 2019","format":false,"excerpt":"Something\u2019s going on out by the Pyramids, but we can\u2019t quite put our finger on it: The latest turn in the saga between Naguib Sawiris\u2019 Orascom Investment Holding (OIH) and Prism International sees Prism ceding its exclusive right to run the Sound and Light show at the Giza Plateau to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":591525,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/09\/orascom-investment-pays-egp-6-mn-settlement-to-slcc\/","url_meta":{"origin":559015,"position":4},"title":"Orascom Investment pays EGP 6 mn settlement to SLCC","author":"enterpriseam admin","date":"9 December 2019","format":false,"excerpt":"DISPUTE WATCH- Orascom Investment pays EGP 6 mn settlement to SLCC: Orascom Investment Holding (OIH) has paid a EGP 6 mn settlement to the Sound and Light Cinema Company (SLCC) after it failed to carry out contracted work for the EGP 10 mn development project at the Giza Plateau, according\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600918,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/13\/oih-prism-jv-agrees-to-negotiate-settlement-for-sound-and-light-show-failure\/","url_meta":{"origin":559015,"position":5},"title":"OIH-Prism JV agrees to negotiate settlement for sound and light show failure","author":"enterpriseam admin","date":"13 February 2019","format":false,"excerpt":"A JV between Orascom Investment Holding (OIH) and Prism International has agreed to negotiate a settlement with the Sound and Light Cinema Company (SLCC) for last year\u2019s contractual annulment, SLCC Chairman Sameh Saad said, according to Al Mal. SLCC contracted the JV to develop and run the sound and light\u2026","rel":"","context":"In "Other Business News of Note"","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/559015","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=559015"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/559015\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/559007"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/559016"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=559015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=559015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=559015"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=559015"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=559015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}