CAIRO: Egypt’s state revenues grew by 35.5 percent in the first quarter of this fiscal year, putting the government on track to achieve its targeted budget surplus of 2 percent, the finance minister said on Friday.
Government investment rose 85 percent while tax collection increased by 39.8 percent, Finance Minister Mohamed Maait said in a statement.
“These positive results for the first quarter of the current fiscal year affirm Egypt’s ability to achieve its financial targets for the budget for the current fiscal year,” the minister said.
Maait attributed the positive results to Egypt’s economic reforms program, part of an IMF-backed loan deal signed in 2016 that included devaluing the national currency and cutting state subsidies.
Egypt’s fiscal year runs from July to June.
Egypt’s budget deficit in the first quarter of the current fiscal year was down slightly to 1.9 percent from 2 percent last year, the minister previously said.
Egypt has vowed to push ahead with economic reforms which it sees as essential in attracting foreign investment.
Egypt on track to achieve its financial targets — finance minister
Egypt on track to achieve its financial targets — finance minister
Virtual museum preserves Sudan’s plundered heritage
CAIRO: Destroyed and looted in the early months of Sudan’s war, the national museum in Khartoum is now welcoming visitors virtually after months of painstaking effort to digitally recreate its collection.
At the museum itself, almost nothing remains of the 100,000 artefacts it had stored since its construction in the 1950s. Only the pieces too heavy for looters to haul off, like the massive granite statue of the Kush Pharaoh Taharqa and frescoes relocated from temples during the building of the Aswan Dam, are still present on site.
“The virtual museum is the only viable option to ensure continuity,” government antiquities official Ikhlass Abdel Latif said during a recent presentation of the project, carried out by the French Archaeological Unit for Sudanese Antiquities (SFDAS) with support from the Louvre and Britain’s Durham University.
When the museum was plundered following the outbreak of the war between the regular army and the paramilitary Rapid Support Forces (RSF) in April 2023, satellite images showed trucks loaded with relics heading toward Darfur, the western region now totally controlled by the RSF.
Since then, searches for the missing artefacts aided by Interpol have only yielded meagre results.
“The Khartoum museum was the cornerstone of Sudanese cultural preservation — the damage is astronomical,” said SFDAS researcher Faiza Drici, but “the virtual version lets us recreate the lost collections and keep a clear record.”
Drici worked for more than a year to reconstruct the lost holdings in a database, working from fragments of official lists, studies published by researchers and photos taken during excavation missions.
Then graphic designer Marcel Perrin created a computer model that mimicked the museum’s atmosphere — its architecture, its lighting and the arrangement of its displays.
Online since January 1, the virtual museum now gives visitors a facsimile of the experience of walking through the institution’s galleries — reconstructed from photographs and the original plans — and viewing more than 1,000 pieces inherited from the ancient Kingdom of Kush.
It will take until the end of 2026, however, for the project to upload its recreation of the museum’s famed “Gold Room,” which had housed solid-gold royal jewelry, figurines and ceremonial objects stolen by looters.
In addition to the virtual museum’s documentary value, the catalogue reconstructed by SFDAS is expected to bolster Interpol’s efforts to thwart the trafficking of Sudan’s stolen heritage.
At the museum itself, almost nothing remains of the 100,000 artefacts it had stored since its construction in the 1950s. Only the pieces too heavy for looters to haul off, like the massive granite statue of the Kush Pharaoh Taharqa and frescoes relocated from temples during the building of the Aswan Dam, are still present on site.
“The virtual museum is the only viable option to ensure continuity,” government antiquities official Ikhlass Abdel Latif said during a recent presentation of the project, carried out by the French Archaeological Unit for Sudanese Antiquities (SFDAS) with support from the Louvre and Britain’s Durham University.
When the museum was plundered following the outbreak of the war between the regular army and the paramilitary Rapid Support Forces (RSF) in April 2023, satellite images showed trucks loaded with relics heading toward Darfur, the western region now totally controlled by the RSF.
Since then, searches for the missing artefacts aided by Interpol have only yielded meagre results.
“The Khartoum museum was the cornerstone of Sudanese cultural preservation — the damage is astronomical,” said SFDAS researcher Faiza Drici, but “the virtual version lets us recreate the lost collections and keep a clear record.”
Drici worked for more than a year to reconstruct the lost holdings in a database, working from fragments of official lists, studies published by researchers and photos taken during excavation missions.
Then graphic designer Marcel Perrin created a computer model that mimicked the museum’s atmosphere — its architecture, its lighting and the arrangement of its displays.
Online since January 1, the virtual museum now gives visitors a facsimile of the experience of walking through the institution’s galleries — reconstructed from photographs and the original plans — and viewing more than 1,000 pieces inherited from the ancient Kingdom of Kush.
It will take until the end of 2026, however, for the project to upload its recreation of the museum’s famed “Gold Room,” which had housed solid-gold royal jewelry, figurines and ceremonial objects stolen by looters.
In addition to the virtual museum’s documentary value, the catalogue reconstructed by SFDAS is expected to bolster Interpol’s efforts to thwart the trafficking of Sudan’s stolen heritage.
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