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Tuesday, March 5, 2013

Egypt raises rent their pyramids to save its economy

The Government of Egypt is considering putting its private investors available archaeological and tourist sites to rent international tour operators to solve their debt problems and revive its economy, the newspaper Al ArabiyaThe country estimates that could get a profit of 200.000 million dollars (153.938 million euros) for this rental service monuments like the three Pyramids of Giza, the Great Sphinx and the area of the temples of Abu Simbel and Luxor. The Secretary General of the Supreme Council of Antiquities, Adel Abdel Sattar, recent days confirmed in an interview aired on ONTV that the proposal has been made ​​by the GovernmentSome reports indicate that Qatar would be one of the great interestin taking management of the monuments but has denied Abdel Sattar. The head of the Supreme Council of Antiquities has explained that the proposal would have been launched by the Ministry of Economy and the author would Abdallah Mahfouz Egyptian intellectual. Under the plan, these archaeological sites, or at least their management, would be auctioned in a public contest on short notice. The initiative has been welcomed by the Egyptian people and Abdel Sattar himself expressed his disagreement with this idea. But the economic crisis in which the country finds itself with no political stability and tourism as the only credible economic prescriptioncould lead the Egyptian government to make this determination to the highest bidder offering its cultural attractions.

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