{"id":640969,"date":"2017-09-10T04:06:44","date_gmt":"2017-09-10T04:06:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/10\/unearthed-tomb-in-luxor-tops-international-coverage-of-egypt\/"},"modified":"2017-09-10T04:06:44","modified_gmt":"2017-09-10T04:06:44","slug":"unearthed-tomb-in-luxor-tops-international-coverage-of-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/10\/unearthed-tomb-in-luxor-tops-international-coverage-of-egypt\/","title":{"rendered":"Unearthed tomb in Luxor tops international coverage of Egypt"},"content":{"rendered":"

Topping coverage of Egypt this morning is the discovery of a 3,500-year-old tomb in <\/strong>Luxor belonging to a royal goldsmith and his wife<\/strong>. The tomb contained statues of the goldsmith, Amenemhat, his wife, and son, along with several artifacts from the 18th Dynasty, the period during which the family is believed to have lived, according to the National Geographic<\/a>. The Associated Press has sent the story global.<\/p>\n

As the US Senate moved to cut aid to Egypt on the pretext of human rights, a<\/strong>number of publications are exploring whether the relationship has fundamentally changed. <\/strong>In their latest piece, Carnegie Middle East Center\u2019s Diwan<\/a> brought together contributors, some of whom say that seemingly warming ties under the Trump administration will not erase pre-existing tensions. Among those participating: Jon Alterman (Center for Strategic and International Studies in Washington, DC), gadfly and erstwhile politician Amr Hamzawy, and the Washington Institute\u2019s David Schenker.<\/p>\n

The Financial Times is throwing some shade at Egypt\u2019s real estate market:<\/strong> While analysts continue to suggest that Egypt\u2019s property market is holding strong, buoyed on an influx of second-home expat buyers following the EGP float,the Financial Times\u2019 Heba Saleh says<\/a> that there is more going on to dampen the market. On the one hand, the traditional notion that real estate is a safe investment is being challenged by rising interest rates. \u201cHigh-interest deposit accounts that offer annual returns of 20% are competing with property as a haven for wealth and savings,\u201d says Ali Rabie, chairman of Abraj Misr. On the other hand, rising inflation has been negatively impacting all but the high end developers. Developers are now being forced to delay some of their plans to take account of higher construction costs. These players are also now offering clients finance schemes with zero down payment instead of 15%, while extending instalment payments to seven years instead of five, adds Rabie.<\/p>\n

In a separate piece<\/a>, Burhan Wazir sees new urban developments such as the New Administrative Capital as telling of some of the wider problems with the sector<\/strong>. Namely, that while demand for medium-income housing is high, these new cities ultimately fail to address the needs of the majority of the population who cannot afford housing in the new capital. \u201cThe only people who can afford these new homes are those 3.5 mn Egyptians working in the Gulf,\u201d says urban planner David Sims.<\/p>\n

Banks should seize chase after business by shifting focus toward microfinance and SME <\/strong>funding<\/strong>, Arab African International Bank (AAIB) CEO Hassan Abdalla tells Banker Africa<\/a>, noting that he also sees potential in financing clean energy and energy efficiency projects.<\/p>\n

Oh, and the <\/strong>New York Times\u2019 wedding page<\/strong><\/a> tries to tug at the heartstrings<\/strong> with its feature on erstwhile Islamist Mohamed Soltan, who has tied the knot in the US.<\/p>\n","protected":false},"excerpt":{"rendered":"

Topping coverage of Egypt this morning is the discovery of a 3,500-year-old tomb in Luxor belonging to a royal goldsmith and his wife. The tomb contained statues of the goldsmith, Amenemhat, his wife, and son, along with several artifacts from the 18th Dynasty, the period during which the family is believed to have lived, according […]<\/p>\n","protected":false},"author":1,"featured_media":640970,"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":[7233],"tags":[2386,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-640969","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-egypt-in-the-news","tag-egypt-in-the-news","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"19a7b23f-07bd-42a9-81f8-7fec3b37e0d1","order":"0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2017\/9\/1317.jpg","photo_position":"above","related_issue":[640950],"teaser":"","voice_url":""},"yoast_head":"\nUnearthed tomb in Luxor tops international coverage of Egypt - 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\/2017\/09\/10\/unearthed-tomb-in-luxor-tops-international-coverage-of-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Unearthed tomb in Luxor tops international coverage of Egypt\" \/>\n<meta property=\"og:description\" content=\"Topping coverage of Egypt this morning is the discovery of a 3,500-year-old tomb in Luxor belonging to a royal goldsmith and his wife. 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very slow news morning in the foreign press.","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622012,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/egypt-uncovers-pharaonic-tomb-in-luxor\/","url_meta":{"origin":640969,"position":1},"title":"Egypt uncovers pharaonic tomb in Luxor","author":"enterpriseam admin","date":"25 November 2018","format":false,"excerpt":"Topping coverage of Egypt in the foreign press this morning is the discovery of a 3,000-year-old tomb in Luxor. \u00a0Egyptian and French archaeologists unearthed a pharaonic tomb in the Theban necropolis of Al-Assasif housing mummies of a priest and his wife dating back to the 13th century, Antiquities Minister Khaled\u2026","rel":"","context":"In "EGYPT IN 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The tomb, discovered in the Western Wadis of the Theban Necropolis in Luxor by an Egyptian-British\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/12\/990.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":603380,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/21\/discovery-of-new-saff-tomb-in-luxor-announced-on-world-heritage-day\/","url_meta":{"origin":640969,"position":3},"title":"Discovery of new saff tomb in Luxor announced on World Heritage Day","author":"enterpriseam admin","date":"21 April 2019","format":false,"excerpt":"A new saff tomb, the biggest of its kind, has been discovered on the West Bank of Luxor, Ahram Online reports. The discovery was announced on Thursday, when a newly-restored 50-ton statue of Ramses II was unveiled at Luxor Temple.","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":582110,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/13\/oldest-tomb-in-luxor-opens-to-visitors\/","url_meta":{"origin":640969,"position":4},"title":"Oldest tomb in Luxor opens to visitors","author":"enterpriseam admin","date":"13 February 2023","format":false,"excerpt":"The international press is taking a breather from coverage of the economy, serving up a mixed bag of stories in recent days that spans the gamut from archaeology to slice of life coverage.Oldest tomb in Luxor opens to visitors: The Middle Kingdom tomb of Meru has been restored and is\u2026","rel":"","context":"In "EGYPT IN THE NEWS"","block_context":{"text":"EGYPT IN THE NEWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-in-the-news\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/2\/meru-tomb-1600px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":651047,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/02\/japanese-team-uncovers-ramesside-era-tomb-in-luxor\/","url_meta":{"origin":640969,"position":5},"title":"Japanese team uncovers Ramesside-era tomb in Luxor","author":"enterpriseam admin","date":"2 February 2017","format":false,"excerpt":"New tomb: A team of Japanese archaeologists from Waseda University uncovered a Ramesside-era tomb in Luxor\u2019s Theban necropolis that\u2019s believed to have belonged to a royal scribe named Khonsu, Ahram Online reported. Inscriptions decorating the ceilings are much better preserved than most of the art on the walls, an Antiquities\u2026","rel":"","context":"In "ON YOUR WAY OUT"","block_context":{"text":"ON YOUR WAY OUT","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-your-way-out\/"},"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\/640969","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=640969"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/640969\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/640950"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/640970"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=640969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=640969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=640969"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=640969"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=640969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}