Egyptian billionaire Naguib Sawiris is investing an additional 500 million Egyptian pounds (about $10 million) to continue the redevelopment of the Giza Plateau, with plans to transform the site into a year-round destination for concerts, sporting events and premium tourism, reports TOI.
The latest investment will take Orascom Pyramids Entertainment's total spending on the project to about 2 billion Egyptian pounds (around $41 million), according to TOI report.