• An archaeologist cleans a statue during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    An archaeologist cleans a statue during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
  • Archaeologists clean statues and funerary masks during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    Archaeologists clean statues and funerary masks during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
  • Wooden sarcophagi on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    Wooden sarcophagi on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
  • Archaeologists x-ray a mummy, wrapped in a burial shroud adorned with brightly coloured hieroglyphics pictorials. AFP
    Archaeologists x-ray a mummy, wrapped in a burial shroud adorned with brightly coloured hieroglyphics pictorials. AFP
  • Wooden sarcophagi on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    Wooden sarcophagi on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
  • Wooden sarcophagi on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    Wooden sarcophagi on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
  • Wooden sarcophagi on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    Wooden sarcophagi on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
  • Wooden sarcophagi during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    Wooden sarcophagi during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
  • Archaeologists inspect a mummy, wrapped in a burial shroud adorned with brightly coloured hieroglyphics pictorials. AFP
    Archaeologists inspect a mummy, wrapped in a burial shroud adorned with brightly coloured hieroglyphics pictorials. AFP
  • Scientists open a sarcophaguses next to others as they are presented to the media near the newly discovered burial site at Saqqara Necropolis in Giza. EPA
    Scientists open a sarcophaguses next to others as they are presented to the media near the newly discovered burial site at Saqqara Necropolis in Giza. EPA
  • Archaeologists work on artefacts as sarcophaguses are presented to the media near the newly discovered burial site at Saqqara Necropolis in Giza. EPA
    Archaeologists work on artefacts as sarcophaguses are presented to the media near the newly discovered burial site at Saqqara Necropolis in Giza. EPA
  • Statues and funerary masks on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    Statues and funerary masks on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
  • An archaeologist works on an artefact as sarcophaguses are presented to the media near the newly discovered burial site at Saqqara Necropolis in Giza. EPA
    An archaeologist works on an artefact as sarcophaguses are presented to the media near the newly discovered burial site at Saqqara Necropolis in Giza. EPA
  • Archaeologists inspect a mummy, wrapped in a burial shroud adorned with brightly coloured hieroglyphics pictorials, during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    Archaeologists inspect a mummy, wrapped in a burial shroud adorned with brightly coloured hieroglyphics pictorials, during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
  • An archaeologist cleans a sarcophagus during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    An archaeologist cleans a sarcophagus during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
  • Wooden sarcophagi during the unveiling of an ancient treasure trove of more than a 100 intact coffins. AFP
    Wooden sarcophagi during the unveiling of an ancient treasure trove of more than a 100 intact coffins. AFP
  • Wooden sarcophagi on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    Wooden sarcophagi on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
  • An archaeologist cleans a statue during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    An archaeologist cleans a statue during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
  • An archaeologist cleans a statue during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    An archaeologist cleans a statue during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
  • Funerary masks on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    Funerary masks on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
  • A wooden sarcophagi on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    A wooden sarcophagi on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
  • A statue on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    A statue on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
  • Wooden sarcophagi during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    Wooden sarcophagi during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
  • Wooden sarcophagi on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    Wooden sarcophagi on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
  • Archaeologists inspect a mummy, wrapped in a burial shroud adorned with brightly coloured hieroglyphics pictorials. AFP
    Archaeologists inspect a mummy, wrapped in a burial shroud adorned with brightly coloured hieroglyphics pictorials. AFP
  • Wooden sarcophagi on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    Wooden sarcophagi on display during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
  • An archaeologist cleans a statue during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP
    An archaeologist cleans a statue during the unveiling of an ancient treasure trove of more than a 100 intact sarcophagi. AFP

Uncovering Saqqara's secrets: Egypt's ancient treasure trove


Hamza Hendawi
  • English
  • Arabic

The plainclothes policeman sprang off his chair to intercept the curious visitor approaching what has become perhaps the world’s most famous archaeological dig.

“You cannot be here, please leave,” the guard told the visitor in the sprawling pharaonic necropolis of Saqqara south of Cairo, Egypt’s capital. “There are security cameras everywhere. If you don’t leave now, I will be in trouble,” he said.

Behind him, workers ferried wheelbarrows laden with sand away from the site. Four other workers carried what appeared to be a sarcophagus wrapped in a thin sheet of sponge. Several men, possibly government archaeologists, sat on garden chairs at the edge of the dig watching the process shrouded in secrecy.

Saqqara, one of Egypt’s most popular historical sites, captivated the world in recent weeks with generous yields of ancient artefacts. Footage from the rare discovery showed Egyptian archaeologists proudly displaying the treasures unearthed, from sarcophagi in good condition – including some containing mummies – to gilded statues of ancient deities.

“Our problem now is that we don’t know how we can possibly wow the world after this,” said Tourism and Antiquities Minister Khaled El Anany, himself an archaeologist by training. “The world has come to expect us to continue to raise the bar,” he said recently in Saqqara.

There’s more to be found. “Saqqara is a treasure,” the minister said. “It has so far yielded only 1 per cent of what it contains. I expect that if we dig more in Saqqara, we’ll find human and animal burial places everywhere.”

The latest Saqqara discovery was announced on November 14, when archaeologists led by Mr El Anany announced that at least 100 more ancient coffins dating back to the "late pharaonic period" and Ptolemaic era along with 40 gilded statues were found 2,500 years after they were first buried. Barely five weeks earlier, they announced the discovery of 57 coffins in Saqqara.

Some of the latest finds were recently exhibited in a marquee, laid on tables with the nearly 5,000-year-old Step Pyramid of Djoser, Saqqara’s top attraction, towering majestically in the background. To maximise the find’s dramatic effect, the archaeologists opened one coffin containing a mummy and used an X‐ray to show how the body had been preserved.

  • One of the coffins discovered at an ancient burial shaft at a necropolis in Saqqara, south of Cairo, Egypt. EPA
    One of the coffins discovered at an ancient burial shaft at a necropolis in Saqqara, south of Cairo, Egypt. EPA
  • Egyptian Prime Minister Mostafa Madbouly, left, Egyptian Minister of Antiquities Khaled El Enany, centre, and secretary-general of the Supreme Council of Antiquities, Mostafa Waziri ,look at one of the coffins. EPA
    Egyptian Prime Minister Mostafa Madbouly, left, Egyptian Minister of Antiquities Khaled El Enany, centre, and secretary-general of the Supreme Council of Antiquities, Mostafa Waziri ,look at one of the coffins. EPA
  • The colourful coffins are believed to be more than 2,500 years old. EPA
    The colourful coffins are believed to be more than 2,500 years old. EPA
  • More than 80 sarcophagi have been found in the latest discovery. EPA
    More than 80 sarcophagi have been found in the latest discovery. EPA
  • Prime Minister Mostafa Madbouly descends into a newly discovered ancient burial shaft at a necropolis in Saqqara. EPA
    Prime Minister Mostafa Madbouly descends into a newly discovered ancient burial shaft at a necropolis in Saqqara. EPA
  • The Saqqara site is a Unesco World Heritage Site, and is the necropolis for Memphis. EPA
    The Saqqara site is a Unesco World Heritage Site, and is the necropolis for Memphis. EPA
  • A part of the newly discovered ancient burial shaft at a necropolis in Saqqara. EPA
    A part of the newly discovered ancient burial shaft at a necropolis in Saqqara. EPA
  • Prime Minister Mostafa Madbouly looks at artefacts from the newly discovered ancient burial shaft. EPA
    Prime Minister Mostafa Madbouly looks at artefacts from the newly discovered ancient burial shaft. EPA

“Luck has a lot to do with discovering antiquities. It is luck combined with God’s blessings,” said leading Egyptian archaeologist Mustafa Waziri, who is directing the Saqqara dig. “I cannot say this will be the last discovery to be announced this year,” he said cheerfully.

Mr Waziri said he was no longer looking for only more mummies and statues. “There is a workshop where the coffins were made that is yet to be discovered. We will, with God’s will, find it in 2021.”

The Saqqara site – part of the old Egyptian capital of Memphis – was used as a place of worship and burial ground for anyone, from ordinary people to kings and aristocrats. It was in use from the time of the early pharaonic dynasties about 5,000 years ago, right through to the Greco-Roman period from about 300BC and the later advent of Christianity.

"It's not surprising that so much is being discovered in Saqqara. It is a very rich site," Tarek Tawfik, an associate professor of archaeology at Cairo University and the former director of the Grand Egyptian Museum, which is currently under construction, told The National.

“What was recently discovered in Saqqara are multi-generational tombs, not a mass grave. It is not either a place where sarcophagi were hidden. It is a place that was being regularly used for burial.”

The 5,000-year-old Step Pyramid at Saqqara, south of Cairo, Egypt’s capital. Hamza Hendawi / The National
The 5,000-year-old Step Pyramid at Saqqara, south of Cairo, Egypt’s capital. Hamza Hendawi / The National

The inhabitants of the nearly 200 coffins found so far were not wealthy Egyptians, Mr Tawfik said. “They belonged to middle-class people who could not afford a large tomb like those built by the rich, but they did appear to have spent lavishly on mummification and the quality of the sarcophagi.

“Some of them had a coat of gold and many of those buried in them were priests. They are in such good condition that the amulets buried with them are still there,” he said.

Despite the rich finds, Egyptian officials know the foreign tourists normally drawn to Egypt by such discoveries are not packing their bags and flying here anytime soon due to Covid-19 restrictions.

The guard at the historical Saqqara site south of Cairo, the Egyptian capital. Hamza Hendawi / The National
The guard at the historical Saqqara site south of Cairo, the Egyptian capital. Hamza Hendawi / The National

Egypt’s lucrative tourism sector was badly hit by the turmoil that unsettled Egypt for years after the 2011 uprising that forced autocrat Hosni Mubarak to step down after 29 years in office. The sector began a slow but steady recovery from about 2015 to 2016, with the number of visitors reaching an all-time high in 2019 when 13 million tourists visited Egypt, which was labelled among the world’s top travel destinations last year.

Hopes were high for 2020, but the coronavirus pandemic and consequent limitations on air travel shut down the season soon after its winter peak in December and January.

Now, a few dozen tourists wander sites like Saqqara, the Giza Pyramids and the Khan Al Khalili bazaar, which normally draw hundreds, or thousands, of visitors a day.

But it is hoped that once the pandemic subsides, the sector, which employs an estimated one million people and normally accounts for more than 10 per cent of GDP will recover later this year.

Preparations are already under way for the next major tourist season, with construction nearing completion on the Grand Egyptian Museum, which promises to be among the capital’s main attractions when it opens its doors next year.

Some of the mummies discovered in Saqqara will be displayed in the new museum and three others, including the Egyptian museum in the heart of Cairo.

New museums across the country are being built, or have been partially opened, including the National Civilisation Museum in Cairo’s historical Fustat area, one in the new capital being built in the desert east of Cairo, and another in Minya, a province south of Cairo rich with historical sites.

The aim is to make as many of Egypt’s treasures as possible accessible to the public.

“No more storage houses,” said Mr Waziri, promising that all newly discovered antiquities will go to museums, where they are protected by specialist care.

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From Zero

Artist: Linkin Park

Label: Warner Records

Number of tracks: 11

Rating: 4/5

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%3Cp%3EHigh%20fever%20(40%C2%B0C%2F104%C2%B0F)%3Cbr%3ESevere%20headache%3Cbr%3EPain%20behind%20the%20eyes%3Cbr%3EMuscle%20and%20joint%20pains%3Cbr%3ENausea%3Cbr%3EVomiting%3Cbr%3ESwollen%20glands%3Cbr%3ERash%26nbsp%3B%3C%2Fp%3E%0A
The specs

Engine 60kwh FWD

Battery Rimac 120kwh Lithium Nickel Manganese Cobalt Oxide (LiNiMnCoO2) chemistry

Power 204hp Torque 360Nm

Price, base / as tested Dh174,500 

ESSENTIALS

The flights 
Emirates, Etihad and Swiss fly direct from the UAE to Zurich from Dh2,855 return, including taxes.
 

The chalet
Chalet N is currently open in winter only, between now and April 21. During the ski season, starting on December 11, a week’s rental costs from €210,000 (Dh898,431) per week for the whole property, which has 22 beds in total, across six suites, three double rooms and a children’s suite. The price includes all scheduled meals, a week’s ski pass, Wi-Fi, parking, transfers between Munich, Innsbruck or Zurich airports and one 50-minute massage per person. Private ski lessons cost from €360 (Dh1,541) per day. Halal food is available on request.

Living in...

This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.

Director: Laxman Utekar

Cast: Vicky Kaushal, Akshaye Khanna, Diana Penty, Vineet Kumar Singh, Rashmika Mandanna

Rating: 1/5

Racecard

6pm: The Pointe - Conditions (TB) Dh82,500 (Turf) 1,400m

6.35pm: Palm West Beach - Maiden (TB) Dh82,500 (T) 1,800m

7.10pm: The View at the Palm - Handicap (TB) Dh85,000 (Dirt) 1,400m

7.45pm: Nakeel Graduate Stakes - Conditions (TB) Dh100,000 (T) 1,600m

8.20pm: Club Vista Mare - Handicap (TB) Dh95,000 (D) 1,900m

8.55pm: The Palm Fountain - Handicap (TB) Dh95,000 (D) 1,200m

9.30pm: The Palm Tower - Handicap (TB) Dh87,500 (T) 1,600m

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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Retirement funds heavily invested in equities at a risky time

Pension funds in growing economies in Asia, Latin America and the Middle East have a sharply higher percentage of assets parked in stocks, just at a time when trade tensions threaten to derail markets.

Retirement money managers in 14 geographies now allocate 40 per cent of their assets to equities, an 8 percentage-point climb over the past five years, according to a Mercer survey released last week that canvassed government, corporate and mandatory pension funds with almost $5 trillion in assets under management. That compares with about 25 per cent for pension funds in Europe.

The escalating trade spat between the US and China has heightened fears that stocks are ripe for a downturn. With tensions mounting and outcomes driven more by politics than economics, the S&P 500 Index will be on course for a “full-scale bear market” without Federal Reserve interest-rate cuts, Citigroup’s global macro strategy team said earlier this week.

The increased allocation to equities by growth-market pension funds has come at the expense of fixed-income investments, which declined 11 percentage points over the five years, according to the survey.

Hong Kong funds have the highest exposure to equities at 66 per cent, although that’s been relatively stable over the period. Japan’s equity allocation jumped 13 percentage points while South Korea’s increased 8 percentage points.

The money managers are also directing a higher portion of their funds to assets outside of their home countries. On average, foreign stocks now account for 49 per cent of respondents’ equity investments, 4 percentage points higher than five years ago, while foreign fixed-income exposure climbed 7 percentage points to 23 per cent. Funds in Japan, South Korea, Malaysia and Taiwan are among those seeking greater diversification in stocks and fixed income.

• Bloomberg

Electoral College Victory

Trump has so far secured 295 Electoral College votes, according to the Associated Press, exceeding the 270 needed to win. Only Nevada and Arizona remain to be called, and both swing states are leaning Republican. Trump swept all five remaining swing states, North Carolina, Georgia, Pennsylvania, Michigan and Wisconsin, sealing his path to victory and giving him a strong mandate. 

 

Popular Vote Tally

The count is ongoing, but Trump currently leads with nearly 51 per cent of the popular vote to Harris’s 47.6 per cent. Trump has over 72.2 million votes, while Harris trails with approximately 67.4 million.

Our family matters legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

Name: Peter Dicce

Title: Assistant dean of students and director of athletics

Favourite sport: soccer

Favourite team: Bayern Munich

Favourite player: Franz Beckenbauer

Favourite activity in Abu Dhabi: scuba diving in the Northern Emirates 

 

Disclaimer

Director: Alfonso Cuaron 

Stars: Cate Blanchett, Kevin Kline, Lesley Manville 

Rating: 4/5

The specs

Engine: 3.8-litre, twin-turbo V8

Transmission: eight-speed automatic

Power: 582bhp

Torque: 730Nm

Price: Dh649,000

On sale: now