Egypt’s sovereign fund to revamp historic area under citadel
- Date: 19-Dec-2019
- Source: Arab News
- Sector:Financial Markets
- Country:Egypt
Egypt’s sovereign fund to revamp historic area under citadel
Author: Reutersarticle author: ReutersID: 1576694746150538700Wed, 2019-12-18 18:37
CAIRO: Egypt approved a plan on Wednesday to turn over an abandoned historic area under Cairo's towering 12th-century Islamic citadel to its new sovereign wealth fund to develop for tourism and culture, a cabinet statement said.
The 56,000-square-meter Bab Al-Azab area lies within the citadel's walls behind the ornate Azab gate, built in 1754. It contains early-19th-century warehouses, some with traditional wind scoops for cooling ventilation, built by the Ottoman ruler of Egypt at the time, Mohamed Ali.Main category: Middle-EastTags: EgyptCairoBab Al-Azab
Select Sector 
Select Country 
