The Mogamma will remain one of Egypt’s iconic buildings after its renovation into a tourism attraction know more information from faydety blog

Tahrir Complex: How much will the renovations cost? | Faydety

The Tahrir Complex for governmental services or as we all know it Mogamma El Tahrir is a vital part of our government and is one of the oldest buildings in Tahrir square. even though the square itself has undergone several renovations the building remained the same and keeps playing host to thousands of citizens everyday.Tahrir complex was built around the time the last British troops left Egypt. At the time King Farouk decided to tear down the British barracks at Ismailia Square (currently Tahrir square) and develop the area for the good of the Egyptian people.&nbsp;&nbsp;<a href="https://www.faydety.com/learn/%D8%B9%D8%A7%D9%84%D9%85-%D8%A7%D9%84%D9%85%D8%A7%D9%84-1/%D8%AA%D9%81%D8%AA%D9%83%D8%B1-%D8%A8%D8%B1%D8%AC-%D8%A5%D9%8A%D9%81%D9%84-%D9%85%D8%AD%D8%AA%D8%A7%D8%AC-%D9%83%D8%A7%D9%85-%D8%B9%D9%84%D8%B4%D8%A7%D9%86-%D9%8A%D8%AA%D8%B5%D9%84%D8%AD-%D9%85%D9%86-%D8%A7%D9%84%D8%B5%D8%AF%D8%A3-%D8%A7%D9%84%D9%84%D9%8A-%D8%B9%D9%84%D9%8A%D9%87--2316">The Eiffel Tower: renovations and cost pre the 2024 Olympics</a>&nbsp;<h2>How much did it cost to build El Mogamma?</h2>&nbsp;In 1948 Egyptian architect Mohammed Kamal Ismail Bey started building the complex (at the time called Al Galaa Complex) and construction costs were 350,000 Egyptian pounds with the purpose of facilitating governmental services for Egyptian citizens&nbsp;<h2>Mogamma El Tahrir</h2>&nbsp;The Mogamma has 14 floors built over 28,000 metres square and at a height of 55 metres.The building includes 1356 offices and has wide halls, windows, and numerous hallways. If you’ve never been there in person, then you must have seen it in Egyptian star Adel Imam’s movie “Al Erhab wa al kabab” (literally Terrorism and Kebab),Renovating the Mogamma is part of the Egyptian government’s plan to renovate and develop Khedivial Cairo&nbsp;&nbsp;<h2>How much would it cost to repurpose the Mogamma into a hotel?</h2>&nbsp;The Cairo House consortium already started their renovations and the Mogamma will be turned into a tourist attraction with an initial investment of 240 million Egyptian pounds. More funding is currently being sought from investors and banks&nbsp;<h2>Global Ventures group</h2>&nbsp;One of the companies in the consortium is Global Ventures whose founding partner stated that the Mogamma will be a tourism icon. The project's timeline is 31 months (2.5 years) and should be done by 2024/2025&nbsp;The renovations by Cairo House consortium include 350 guest rooms, 50 wings as well as several hotel apartments in addition to restaurants and a shopping mall. Other facilities include a swimming pool on the roof and entertainment areas

How much was the original cost to build the Mogamma?

Tahrir Complex: How much will the renovations cost?

Insurance is a contract, in the form of a policy, in which an individual or entity receives financial protection and/or compensation against losses from an insurance company. Insuring something means diverting the burden of payment for its loss from a personal responsibility to one that the insurance company bears on your behalf, in a certain percentage, depending on the type of insurance you have.&nbsp;&nbsp;The insurance company relies on calculating the probability of a loss or damage to an insured asset. If there is a high probability, then the insurance cost tends to be expensive; on the other hand, if the probability is low, the insurance cost tends to be relatively cheaper.&nbsp;Let's start with the basics.&nbsp;<h2>Insurance Policy:</h2>&nbsp;As stated briefly above, an insurance policy is a contract between you and an insurance company. This policy outlines your agreement's details and determines the claims that the insurer is legally required to pay in exchange for a premium. It essentially states that the insurer must pay for any loss or damage caused by risks covered under the policy.&nbsp;<h2>Insurance Premium:</h2>&nbsp;An insurance premium is a certain amount of money that you need to pay periodically in exchange for the maintenance of your chosen insurance policy. If you are unable to pay the premium, the insurance policy will be forfeited. If this happens and you decide you would like to keep your coverage, you may be required to pay a fine or charge a higher premium accordingly.&nbsp;<blockquote>The insurance company relies on calculating the probability of a loss or damage to an insured asset</blockquote>&nbsp;<h2>Types of Insurance:</h2>&nbsp;There are many different types of insurance. Though it is possible to divide them into two basic categories, under which the other types of insurance fall, the two categories are:&nbsp;<h2>Life Insurance / Health Insurance</h2>&nbsp;Life insurance is a contract between you and an insurance company where, in exchange for premium payments paid by you during your lifetime, the company will pay a sum of money to your beneficiaries after your death.&nbsp;&nbsp;Health insurance covers medical expenses that may arise due to illness. These expenses could entail costs of hospitalization, cost of medicines, or medical consultation fees.&nbsp;These insurance types are primarily based on individuals, although some countries go one step further and provide pet insurance. This is because, at times, the cost of medicines and veterinarian visits are higher than the costs of individuals.&nbsp;<h2>Property Insurance / Disaster Insurance</h2>&nbsp;This type of insurance reimburses an individual or business and protects a physical property against loss from theft, fire, natural disasters, etc. Property insurance covers the building or structure itself as well as its contents, whether personal or corporate, including furnishings, inventory, and other items.&nbsp;Get your <a href="https://www.faydetyinsurance.com/en">Insurance Policy</a> Now through Faydety!

What do you know about the Insurance system in Egypt? and what's its Policies, Premium, and kinds? All you need to know about insurance

Tahrir Complex: How much will the renovations cost?

How much was the original cost to build the Mogamma?

How much did it cost to build El Mogamma?

Mogamma El Tahrir

How much would it cost to repurpose the Mogamma into a hotel?

Global Ventures group

Editors' Choice