The Japan Times - Egypt grand museum delay puts tourism hopes on hold

EUR -
AED 4.095701
AFN 72.480008
ALL 90.882712
AMD 401.805034
ANG 1.995737
AOA 1023.635334
ARS 1721.721299
AUD 1.622157
AWG 2.007127
AZN 1.900047
BAM 1.951697
BBD 2.245579
BDT 138.86805
BGN 1.948955
BHD 0.420772
BIF 3356.362879
BMD 1.115071
BND 1.428792
BOB 13.374482
BRL 6.138357
BSD 1.114956
BTN 104.659009
BWP 15.359741
BYN 3.339105
BYR 21855.38619
BZD 2.242466
CAD 1.573756
CDF 2586.964483
CHF 0.914881
CLF 0.027698
CLP 1090.127033
CNY 7.444774
CNH 7.440667
COP 3625.685911
CRC 505.646021
CUC 1.115071
CUP 26.76054
CVE 110.842372
CZK 24.346956
DJF 198.170808
DKK 7.480457
DOP 67.740985
DZD 152.081196
EGP 59.957114
ERN 16.726061
ETB 179.75372
FJD 2.514764
FKP 0.833961
GBP 0.834821
GEL 2.893653
GGP 0.833961
GHS 13.029646
GIP 0.833961
GMD 83.077063
GNF 9876.743229
GTQ 8.520088
GYD 233.749058
HKD 8.744552
HNL 30.190584
HRK 7.547925
HTG 146.132606
HUF 363.51345
IDR 20192.258205
ILS 3.552538
IMP 0.833961
INR 104.869336
IQD 1688.217076
IRR 2108992.359359
ISK 136.919964
JEP 0.833961
JMD 176.947992
JOD 0.790629
JPY 176.744329
KES 144.903869
KGS 97.510486
KHR 4549.488945
KMF 492.86165
KPW 1003.563608
KRW 1520.737678
KWD 0.346765
KYD 0.929309
KZT 499.776184
LAK 25094.667032
LBP 99854.583719
LKR 370.763872
LRD 189.90075
LSL 18.465996
LTL 3.292514
LVL 0.674496
LYD 7.170329
MAD 10.880307
MDL 19.93044
MGA 5123.750363
MKD 61.556144
MMK 2341.311039
MNT 4015.078679
MOP 9.000882
MRU 44.882019
MUR 52.442198
MVR 17.176258
MWK 1936.878232
MXN 20.768572
MYR 4.528864
MZN 71.257178
NAD 18.465992
NGN 1502.23485
NIO 40.823159
NOK 10.548462
NPR 167.454215
NZD 2.010586
OMR 0.428348
PAB 1.115031
PEN 3.838635
PGK 5.008941
PHP 70.369926
PKR 308.456482
PLN 4.399568
PYG 6968.50605
QAR 4.062245
RON 5.343646
RSD 117.7359
RUB 91.352798
RWF 1644.729318
SAR 4.18675
SBD 8.974739
SCR 15.631155
SDG 670.719139
SEK 11.033072
SGD 1.430194
SHP 0.835103
SLE 25.591287
SLL 23382.48045
SOS 637.267002
SRD 41.908265
STD 23079.712667
STN 24.8382
SVC 9.75549
SYP 14498.149201
SZL 18.465983
THB 37.411034
TJS 10.285553
TMT 3.902748
TND 3.329048
TOP 2.684822
TRY 55.9111
TTD 7.561104
TWD 36.546782
TZS 2946.578434
UAH 50.509358
UGX 4560.432794
USD 1.115071
UYU 44.855697
UZS 13380.84906
VES 999.456181
VND 28526.296796
VUV 133.25575
WST 3.108617
XAF 655.957
XAG 0.021465
XAU 0.000274244363
XCD 3.013535
XCG 2.009331
XDR 0.788413
XOF 655.957
XPF 119.331742
YER 263.853652
ZAR 18.419263
ZMK 10036.978597
ZMW 22.65679
ZWL 359.052318
SSP 6406.644798
MXV 2.336546
  • RYCEF

    0.1000

    19.81

    +0.5%

  • VOD

    -0.2500

    16.33

    -1.53%

  • CMSC

    -0.2800

    20.12

    -1.39%

  • RBGPF

    -2.0000

    65

    -3.08%

  • RIO

    -0.2500

    94.16

    -0.27%

  • BTI

    -1.2000

    54.85

    -2.19%

  • NGG

    -0.3000

    74.94

    -0.4%

  • GSK

    -0.3500

    49.35

    -0.71%

  • BCE

    -0.4200

    20.14

    -2.09%

  • CMSD

    -0.3400

    19.93

    -1.71%

  • BP

    -0.9100

    43.52

    -2.09%

  • RELX

    0.1700

    33.24

    +0.51%

  • BCC

    -0.6200

    75.97

    -0.82%

  • AZN

    -1.9400

    164.21

    -1.18%

  • JRI

    0.0000

    10.77

    0%

Egypt grand museum delay puts tourism hopes on hold
Egypt grand museum delay puts tourism hopes on hold / Photo: Khaled DESOUKI - AFP/File

Egypt grand museum delay puts tourism hopes on hold

In the shadow of the Grand Egyptian Museum, souvenir shop owner Mona has been readying for the tourist boom she hoped the long-awaited opening would bring -- now once again out of reach.

Text size:

"I had bet everything on this opening," she told AFP from her shop, just steps from the iconic pyramids of Giza, which the much-anticipated museum overlooks.

Originally scheduled to fully open this month, the museum was expected to attract up to five million visitors annually, fuelling optimism across Cairo's battered tourism sector.

"We planned our entire summer and fall packages around the museum opening," said Nadine Ahmed, a 28-year-old agent with Time Travel tours.

"But with group cancellations, refunds and route changes, we've lost tens of thousands of dollars."

Though parts of the museum have been open for months, the main draw -- the treasures of Tutankhamun -- will remain under wraps until the official launch.

Less than three weeks before its July 3 opening, the government announced another delay, this time pushing the landmark event to the final quarter of the year.

Prime Minister Mostafa Madbouly cited regional security concerns and the desire to host an event of "global scale".

- Decades in the making -

The vast museum, two decades in the making, has faced repeated delays -- from political upheaval and economic crises to the Covid-19 pandemic.

Ahead of the expected launch, Mona, who asked to be identified by her first name only, took out a loan to renovate her store and stock up on goods inspired by the museum's collection.

A few streets away, Mohamed Mamdouh Khattab, 38, prepared months in advance, hiring and training extra staff and expanding his inventory.

"The opening of the museum is a key milestone," said Khattab, who owns a sprawling bazaar of handcrafted jewellery and ancient replicas.

"It's a project that should have been launched a long time ago," said the vendor, whose family has been in the industry since the 1970s.

Tourism accounts for about 10 percent of Egypt's workforce, but the sector has struggled -- from the fallout of the 2011 Arab Spring to militant attacks and the Covid shutdown.

Still, signs of recovery have emerged: Egypt welcomed 3.9 million tourists in the first quarter of 2025, up 25 percent from the same period last year -- itself a record.

- Fragility -

At a Giza papyrus workshop, 30-year-old tour guide Sara Mahmoud hopes the opening will revive visitor numbers.

"Big openings have brought a lot of tourism to Egypt before," she said, pointing to the 2021 Pharaohs' Golden Parade and the reopening of the Avenue of the Sphinxes.

"These events get people excited -- we saw the crowds coming in."

Such momentum could make a real difference, said Ragui Assaad, an economist at the University of Minnesota.

"Any initiative that directly increases foreign exchange earnings is likely to have a good return on investment," he told AFP.

"If you compare it with all the other mega-projects, which do not increase foreign exchange earnings... this is a far better project."

He was referring to a sweeping infrastructure drive under President Abdel Fattah El-Sisi, including the construction of a massive new administrative capital east of Cairo.

The stakes are high: since 2022, Egypt's currency has lost two-thirds of its value, squeezing household budgets and straining every layer of the economy.

"There were days when I sold just one bracelet," Mona lamented, thinking back to the years when "tourists arrived in droves".

T.Sato--JT