Oriental Weavers has contributed to the major Inauguration Ceremony of the Grand Egyptian Museum (GEM) by carpeting over 40,000 square meters with luxurious, Egyptian-made carpets.

Talaat Moustafa Group Holding (TMG Holding) announced that its subsidiary, the Arab Company for Hotel and Tourism Investments (ICON), has begun developing a new integrated tourism project behind the Grand Egyptian Museum (GEM) in Giza, in partnership with the New Urban Communities Authority (NUCA).

With the GEM’s doors open, the government’s formidable goal of attracting 30 million tourists annually by 2028 is shifting from ambition to active pursuit. The multi-billion-Egyptian-pound museum is Egypt’s new reality and a clear signal to investors that the time to engage with it is now.

In this factsheet, we will highlight the recent performance indicators of Egypt’s tourism sector, identify the country’s regional position as a leading tourism destination, and shed light on the government’s targets for the sector.

Egypt’s Ministry of Finance announced that the Public Treasury and Mint Authority has issued a collection of commemorative coins made of raw gold and silver to document the landmarks of the Grand Egyptian Museum

Egyptian Prime Minister Mostafa Madbouly has announced that Saturday, November 1st, 2025, will be an official paid holiday due to the Grand Egyptian Museum’s opening ceremony.

President Abdel Fattah El-Sisi has approved the opening of the Grand Egyptian Museum on November 1st, Prime Minister Mostafa Madbouly announced during the cabinet meeting.

The official opening of the Grand Egyptian Museum has been postponed to the fourth quarter (Q4) of this year.

Banque Misr, Egypt’s second-largest state-owned bank, is set to partner with Saudi and Kuwaiti investors to construct a five-star hotel in Giza.

Prime Minister Mostafa Madbouly announced that the opening ceremony of the Grand Egyptian Museum is set to take place on July 3rd

Egypt will inaugurate the $1 billion Grand Egyptian Museum (GEM) on July 3rd, marking the completion of a nearly two-decade project expected to bolster the country’s vital tourism sector.

Instagram by Meta has launched a world-first digital experience, using augmented reality (AR) to revive Egypt’s ancient history.

The Grand Egyptian Museum (GEM) will begin its partial trial operation on Wednesday, October 16th, under directives of President Abdel Fattah El-Sisi.

The Grand Egyptian Museum Authority has partnered with Schneider Electric, a company specializing in energy management and automation, to improve sustainability and energy efficiency at the museum.

The Grand Egyptian Museum (GEM) has been awarded the EDGE Advanced Green Building Certification by the International Finance Corporation (IFC).

Tourist arrivals to Egypt increased by 9% year on year (YoY) during the first 19 days of 2024, Minister of Tourism and Antiquities Ahmed Issa stated.

Tourism is one of the factors that contributes to Egypt’s foreign currency resources. Therefore, Egypt is set to boost the number of tourist arrivals to reach 30 million per year by 2028, with the number expected to hit 15 million by the end of 2023, Minister of Tourism and Antiquities Ahmed Issa announced in a statement in October. The Egyptian government is working on flourishing the tourism sector and adding to it. As a result, the country has established the Grand Egyptian Museum (GEM) in Giza, one of Egypt's highly anticipated cultural attractions that is set to showcase the country's most impressive archaeological treasure.

In 2016, the Japan International Cooperation Agency (JICA) provided $460 million in financing, to be repaid over 25 years, at an interest rate of 1.4%, and with a grace period of about seven years.