Orascom Pyramids Entertainment Adds $10 Million to Egypt Monuments Revamp
Updated
Updated · Bloomberg · Jul 8
Orascom Pyramids Entertainment Adds $10 Million to Egypt Monuments Revamp
1 articles · Updated · Bloomberg · Jul 8
Summary
$10 million in fresh funding will lift Orascom Pyramids Entertainment’s investment in facilities at Egypt’s ancient monuments by about a third.
The new spending will add 30 electric hop-on, hop-off buses and a light-steel outdoor arena with capacity for as many as 15,000 spectators.
Orascom is betting sports events and pop concerts — including acts such as Shakira — can draw more visitors and push tourism at the sites to higher levels.