At the start of June, Cairo was blessed with some pleasant news for a change – after the ruckus that 2020 has provided us with so far.

Egypt’s Sovereign Fund has just signed an agreement with the Supreme Council of Antiquities to renovate and operate touristic services in the ancient Bab el Azab area – a UNESCO World Heritage Site with architecture from the Ottoman empire next to the medieval Citadel of Salaheddin, overlooking the city of Cairo.

This was initially proposed in December, and ever since, plenty of studies were done to make sure that this upgrade is a successful one.

Prime Minister Hala el Saeed described the Bab el Azab area as one of the more important archaeological sites in Egypt.

Minister of Tourism Khaled el Anani supports this notion, adding that by offering cultural and historical activities in the area, local and foreign visitors would be excited to visit this destination. Activities will reportedly include traditional markets selling souvenirs and local handicrafts, theaters, and cultural events.

“We will equip the buildings in the area to offer visitors and tourists a rich cultural experience that accentuates the Citadel’s historical value,” Ayman Soliman CEO of the Sovereign Fund of Egypt reportedly said.

The transformation in the area will be funded through investments of EGP 2 billion by Egypt’s sovereign fund and investors.

Bab el Azab is one of Old Cairo’s famous landmarks, built at the start of the medieval Islamic era in 1754. The project is a part of a bigger plan to make Old Cairo a historical and touristic attraction in the city.

No timeline has been set for the project yet.