Last Update 21:11
Friday, 20 September 2019

Egypt, Belgium sign EGP 16 mln deal to restore Baron Empain Palace

Doaa A.Moneim , Thursday 12 Sep 2019
 Baron Empain Palace
Views: 1558
Views: 1558

Egypt and Belgium inked on Thursday a memorandum of understanding (MoU) to restore the Baron Empain Palace in Heliopolis with a total of EGP 16 million as part of the Belgian loan exchange programme.

According to the MoU, the fund will be used to implement a plan to manage, renovate, and maintain the palace.

Egyptian Minister of Investment and International Cooperation Sahar Nasr said that Egypt is eager to enhance the strategic, venture, and development ties with Belgium.


“We are currently considering expanding the loan exchange programme with Belgium, Italy, and Germany as this allows for investing the loans in priority venture and development projects in Egypt,” Nasr said.

Nasr also said that the efforts by Édouard Empain – the Belgian engineer who built the palace in the early 20th century – in establishing modern Heliopolis as a new city to absorb Egyptians is similar to the efforts the country is currently undertaking with its New Administrative Capital.

Meanwhile, Egypt’s Minister of Antiquities Khaled El-Anani said that the ministry has finished more than 80 percent of the restoration work on the palace at a cost of EGP 104 million, and that the palace will be opened before the end of 2019.

“The palace will be used to show the history of Heliopolis and Misr El-Gedida in cooperation with the Belgian embassy in Cairo and civil society in Egypt,” El-Anani said.

Belgian Ambassador in Cairo Sibille de Cartier said that Egypt and Belgium have had strong ties since the inception of modern Heliopolis.


Short link:


Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.

© 2010 Ahram Online.