{"id":607906,"date":"2023-10-11T00:00:00","date_gmt":"2023-10-11T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/11\/orascoms-giza-plateau-revamp-to-go-live-in-1q-2024-plus-news-from-vezeeta-tci-sanmar-and-the-house\/"},"modified":"2023-10-11T00:00:00","modified_gmt":"2023-10-11T00:00:00","slug":"orascoms-giza-plateau-revamp-to-go-live-in-1q-2024-plus-news-from-vezeeta-tci-sanmar-and-the-house","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/11\/orascoms-giza-plateau-revamp-to-go-live-in-1q-2024-plus-news-from-vezeeta-tci-sanmar-and-the-house\/","title":{"rendered":"Orascom\u2019s Giza plateau revamp to go live in 1Q 2024. PLUS: News from Vezeeta, TCI Sanmar and the House."},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> TOURISM- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Giza Pyramids redevelopment to open next quarter: <\/strong> Orascom Pyramids has pushed the inauguration of the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8a212826-13c4-4d98-a500-bf553abc89d4\" style=\"\" rel=\"noopener\">Giza plateau redevelopment<\/a> to 1Q 2024 while it finishes construction, <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2023\/10\/09\/1721618\" style=\"\" rel=\"noopener\">Al Borsa<\/a> reports, citing statements from chairman Amr Gazarin. The Orascom Investment Holding (OIH) subsidiary had initially planned to open the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1558642d-7601-4195-a551-3ad914112931\" style=\"\" rel=\"noopener\">EGP 1 bn development<\/a> to visitors in December. About 95% of construction works are finished, and expects his company to completely finish them by year\u2019s end, Gazarin said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> CHEMICALS- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> TCI Sanmar x United Gas Derivatives Company: <\/strong>Indian chemicals producer TCI Sanmar has inked a MoU with the state-owned <a target=\"_blank\" href=\"http:\/\/www.ugdco.com\/\" style=\"\" rel=\"noopener\">United Gas Derivatives Company<\/a>(UGDC) allowing it to use its Damietta port facilities for importing raw materials, TCI Sanmar said in <a target=\"_blank\" href=\"https:\/\/ent.news\/2023\/10\/541.pdf\" style=\"\" rel=\"noopener\">a statement (pdf)<\/a> Monday. The imported materials will be used by TCI Sanmer for its projects and expansion plans, it said. The port facilities have an investment cost of USD 150 mn, it said, without disclosing further details about the infrastructure. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> LEGISLATION- <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> Another step towards allowing foreign firms to become importers: <\/strong>The House Economic Committee yesterday approved changes to the law regulating the importers registry, allowing foreign companies to register as importers under 10-year licenses. The move was one of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a3816fe9-2abf-4b6c-91ce-680ea72e2d1b\" style=\"\" rel=\"noopener\">22 decisions introduced<\/a> by the Supreme Investment Council in May in efforts to boost investment, and received the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a254b1c5-fe22-492c-9e39-d5be1a93b2cc\" style=\"\" rel=\"noopener\">greenlight<\/a> from the Madbouly cabinet in July. The House will discuss and vote on the amendments when it reconvenes next week. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The company has completed 95% of the EGP 1 bn project<\/p>\n","protected":false},"author":1,"featured_media":607907,"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":[7209],"tags":[111,101,6500,72,7115,187,131,618,3503,238,2110],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-607906","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-development-finance","tag-egypt-italy-relations","tag-enterpriseam","tag-healthcare","tag-legislation-watch","tag-manufacturing","tag-orascom-investment-holding","tag-orascom-pyramids-entertainment","tag-tourism","tag-vezeeta","wpautop","entry"],"acf":{"mongo_id":"7bdf66e5-3a95-40d6-a023-f8b0b1a7e51c","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/10\/552.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Orascom\u2019s Giza plateau revamp to go live in 1Q 2024. PLUS: News from Vezeeta, TCI Sanmar and the House.","related_issue":[607883],"teaser":"The company has completed 95% of the EGP 1 bn project","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/10\/.33473c06-195c-4d5a-b602-44e5bf339455.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Orascom\u2019s Giza plateau revamp to go live in 1Q 2024. PLUS: News from Vezeeta, TCI Sanmar and the House. - 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\/2023\/10\/11\/orascoms-giza-plateau-revamp-to-go-live-in-1q-2024-plus-news-from-vezeeta-tci-sanmar-and-the-house\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orascom\u2019s Giza plateau revamp to go live in 1Q 2024. 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The Holding Company for Tourism and Hotels is now going to\u2026","rel":"","context":"In &quot;Tourism&quot;","block_context":{"text":"Tourism","link":"https:\/\/enterpriseam.com\/egypt\/category\/data\/tourism\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/1\/54.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":557757,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/30\/orascom-pyramids-signs-contract-for-pyramids-sound-and-light-show-revamp\/","url_meta":{"origin":607906,"position":2},"title":"Orascom Pyramids signs contract for pyramids sound and light show revamp","author":"enterpriseam admin","date":"30 September 2021","format":false,"excerpt":"Orascom Investment Holding (OIH) subsidiary Orascom Pyramids has signed an EGP 170 mn contract with Orascom Construction, which will see the latter carry out renovations and install infrastructure for the Giza pyramids sound and light show revamp, Hapi Journal reports. The company previously said it will invest EGP 200 mn\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":566128,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/30\/new-show-at-the-pyramids\/","url_meta":{"origin":607906,"position":3},"title":"New show at the Pyramids","author":"enterpriseam admin","date":"30 May 2021","format":false,"excerpt":"Orascom Investment Holding (OIH) subsidiary Orascom Pyramids will invest EGP 200 mn in the early stage of the Giza sound and light show revamp, which is expected to cost EGP 350 mn when completed, chairman and CEO Hesham Gadallah told Hapi Journal. The company plans to self-finance part of the\u2026","rel":"","context":"In &quot;SPEED ROUND: TOURISM&quot;","block_context":{"text":"SPEED ROUND: TOURISM","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-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":575689,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/22\/trials-begin-on-giza-pyramids-electric-bus-route\/","url_meta":{"origin":607906,"position":4},"title":"Trials begin on Giza Pyramids electric bus route","author":"enterpriseam admin","date":"22 October 2020","format":false,"excerpt":"Orascom Pyramids began trialing the new eco-friendly bus route at the Giza Plateau earlier the week after receiving the first electric bus, the cabinet said in a statement. The route, part of the ongoing Giza development project, will feature six stations and take tourists on a circular route between the\u2026","rel":"","context":"In &quot;Tourism&quot;","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":591525,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/09\/orascom-investment-pays-egp-6-mn-settlement-to-slcc\/","url_meta":{"origin":607906,"position":5},"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 &quot;Speed Round&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/607906","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=607906"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/607906\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/607883"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/607907"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=607906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=607906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=607906"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=607906"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=607906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}