The entrance of the Temple of Luxor pictured during a spectacular ceremony in November to mark the reopening of the restored Avenue of the Sphinxes, in Luxor, Egypt. AFP
The entrance of the Temple of Luxor pictured during a spectacular ceremony in November to mark the reopening of the restored Avenue of the Sphinxes, in Luxor, Egypt. AFP
The entrance of the Temple of Luxor pictured during a spectacular ceremony in November to mark the reopening of the restored Avenue of the Sphinxes, in Luxor, Egypt. AFP
The entrance of the Temple of Luxor pictured during a spectacular ceremony in November to mark the reopening of the restored Avenue of the Sphinxes, in Luxor, Egypt. AFP

Luxor's Avenue of the Sphinxes parade to become an annual event


Kamal Tabikha
  • English
  • Arabic

A recent celebration in the Egyptian city of Luxor to mark the reopening of its restored Avenue of the Sphinxes will become an annual event, the country's tourism authority has said.

Decades-long excavations and restorations to the 3,400-year-old avenue that connects two of Luxor’s most prominent temples were completed in November, resulting in hundreds of visitors arriving at the Nile-side city to see it.

The 2.7km avenue had sustained significant damage over the years. Houses had been built over parts, burying many of its original relics – including a large number of the sphinxes that famously line the road.

After the success of a grand parade in March to relocate 22 royal mummies from the Egyptian Museum in Cairo’s Tahrir Square to the newly opened National Museum of Egyptian Civilization, the country’s tourism ministry is keen on highlighting the country’s other antiquities, said tourism minister Khaled El Anany.

  • Fireworks explode during the opening ceremony for the restored Avenue of the Sphinxes, or Road of the Rams, a 3,000-year-old path that connects Luxor Temple with Karnak Temple, on November 25, 2021. Reuters
    Fireworks explode during the opening ceremony for the restored Avenue of the Sphinxes, or Road of the Rams, a 3,000-year-old path that connects Luxor Temple with Karnak Temple, on November 25, 2021. Reuters
  • After years of renovation and in a bid to reinvigorate Egypt's tourism sector, the 2,700-metre Avenue of the Sphinxes was reopened in a grand ceremony. Getty Images
    After years of renovation and in a bid to reinvigorate Egypt's tourism sector, the 2,700-metre Avenue of the Sphinxes was reopened in a grand ceremony. Getty Images
  • Performers dance during the official ceremony outside Luxor Temple. AFP
    Performers dance during the official ceremony outside Luxor Temple. AFP
  • The 2,700-metre Avenue of the Sphinxes is lit up for the event. Getty Images
    The 2,700-metre Avenue of the Sphinxes is lit up for the event. Getty Images
  • Egyptian President Abdel Fattah El Sisi attends the opening ceremony at Luxor Temple. EPA
    Egyptian President Abdel Fattah El Sisi attends the opening ceremony at Luxor Temple. EPA
  • Journalists wait by the pylon and remaining obelisk at the entrance of the temple. AFP
    Journalists wait by the pylon and remaining obelisk at the entrance of the temple. AFP
  • Egypt unveiled the sandstone-paved path lined with ram-headed statues and sphinxes dating back more than 3,000 years. AFP
    Egypt unveiled the sandstone-paved path lined with ram-headed statues and sphinxes dating back more than 3,000 years. AFP
  • Thousands of actors, dancers and drummers participated in the parade. Getty Images
    Thousands of actors, dancers and drummers participated in the parade. Getty Images
  • Dancers take part in the performance, which featured songs composed specially for the occasion. Getty Images
    Dancers take part in the performance, which featured songs composed specially for the occasion. Getty Images
  • A guard stands at the restored Avenue of Sphinxes. EPA
    A guard stands at the restored Avenue of Sphinxes. EPA
  • The grand ceremony marked the official reopening of the Avenue of Sphinxes. EPA
    The grand ceremony marked the official reopening of the Avenue of Sphinxes. EPA
  • A procession of hundreds of costumed performers set out from Luxor Temple to Karnak Temple. EPA
    A procession of hundreds of costumed performers set out from Luxor Temple to Karnak Temple. EPA
  • The procession winds its way between the two temples. EPA
    The procession winds its way between the two temples. EPA
  • The avenue has been carefully restored in a bid to reinvigorate Egypt's tourism sector. EPA
    The avenue has been carefully restored in a bid to reinvigorate Egypt's tourism sector. EPA
  • The avenue, as well as the two temples it connects, are set to be an open-air museum after years of excavation and restoration. EPA
    The avenue, as well as the two temples it connects, are set to be an open-air museum after years of excavation and restoration. EPA
  • The day after the parade, the entire length of the avenue and all the temples it includes opened to visitors free of charge. EPA
    The day after the parade, the entire length of the avenue and all the temples it includes opened to visitors free of charge. EPA
  • Luxor Temple before the start of the parade. Getty Images
    Luxor Temple before the start of the parade. Getty Images
  • Sphinxes sit near Luxor Temple before the celebration. Getty Images
    Sphinxes sit near Luxor Temple before the celebration. Getty Images
  • The entrance of the Avenue of the Sphinxes. Getty Images
    The entrance of the Avenue of the Sphinxes. Getty Images
  • Sphinxes line the 2,700-meter avenue. Getty Images
    Sphinxes line the 2,700-meter avenue. Getty Images

November’s celebration was fashioned after an ancient Egyptian religious ceremony known as the Opet festival, which will now be marked with a parade each year, said the tourism ministry.

Tourism officials said this week that the date will most likely vary each year.

The next of the ministry’s planned promotional events is set to take place at the end of this month at Sinai’s famed St Catherine Monastery.

This will be followed by events at the rock-cut Abu Simbel temples in Aswan province in February. These will mark a solar alignment at the site that occurs each February and October.

“Next year is going to be a particularly significant year for antiquities in Egypt,” Bassam El Shamaa, a prominent Egyptologist, told The National.

It will mark the centenary of the discovery the tomb of Tutankhamun in Luxor’s Valley of the Kings, and the 200th anniversary of translation of Egyptian hieroglyphs using the Rosetta Stone.

Egypt’s tourism, one of its economy’s most important cornerstones, was hit hard by the Covid-19 pandemic.

The government has been endeavouring to revamp the sector after the pandemic kept tourists away for two years.

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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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Mr Stephen sells his luxury fragrances at selected perfumeries around the UAE, including the House of Niche Boutique in Al Seef.

He relaxes by spending time with his family at home, and enjoying his wife’s India cooking. 

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Clubs: 2015-2017 – Al Ahli Dubai; March-June 2018 – Paris FC; August – Al Wahda

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Match info:

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Updated: December 08, 2021, 11:44 AM