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Kouchouk: GEM marks new chapter for Egypt’s economy, tourism

Businessmen Team news 01 November 2025 01:37 PM
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Kouchouk: GEM marks new chapter for Egypt’s economy, tourism

Minister of Finance Ahmed Kouchouk affirmed that the Egyptian state, under the leadership of President Abdel Fattah El Sisi, is writing a new chapter in Egypt’s history and the world with the opening of the Grand Egyptian Museum (GEM), the largest museum dedicated to a single civilization. He described the GEM as an exceptional model for promoting tourism, investment, and economic growth.

Kouchouk highlighted that this monumental project represents a qualitative leap for Egypt on the global tourism map, showcasing the diversity and grandeur of its artifacts through modern exhibition techniques. He emphasized that Egypt’s rich cultural heritage is being transformed into opportunities and resources that support the national economy.

He added that the GEM demonstrates the diversity and strength of Egypt’s investment environment and will attract further foreign direct investment. He noted that the project exemplifies fruitful partnerships with the private sector, creating sustainable economic returns.

Kouchouk also stressed that the GEM’s opening provides a significant boost to the diversification of Egypt’s economy and tourism sector, ensuring competitiveness and global appeal. He confirmed that all efforts will be coordinated with relevant authorities to unlock the country’s full economic potential, adding that the future holds even greater promise.

He announced that commemorative gold and silver coins will be available at the GEM next week. Kouchouk explained that a number of unique coins will be issued based on collector requests, which can be submitted electronically. The coins will be produced by the Public Treasury and Mint within a few days.