Egypt's richest family backs a $41 million plan that could change the Giza Pyramids forever

Egyptian billionaire Naguib Sawiris is investing another 500 million Egyptian pounds (about $10 million) to continue the redevelopment of the Giza Plateau, with plans to turn the famous pyramids into a year-round destination for concerts, sporting events and premium tourism.The new investment takes the total amount spent on the project by Orascom Pyramids Entertainment to around 2 billion Egyptian pounds (about $41 million), according to Business Insider Africa.The redevelopment began in 2018 after the Egyptian government signed a public-private partnership with Orascom Pyramids Entertainment to improve the visitor experience at the Giza Plateau, home to the Pyramids of Giza and the Great Sphinx. The company believes the project will benefit from Egypt's strong tourism recovery.Naguib Sawiris belongs to one of Egypt's wealthiest families. His brothers, Nassef and Samih Sawiris, are also billionaires.