February 25, 2024

Orascom financed LED displays on Pyongyang’s Ryugyong Hotel: sources

Rumors also re-emerge about restaurants under-development in the hotel, which could open "next year"

Egypt's Orascom Investment Holding (OIH) S.A.E. financed the introduction of several enormous LED lighting walls on the iconic Ryugyong Hotel in Pyongyang in early 2018, multiple informed sources have told NK News.

The massive light wall system – which is said to comprise over 100,000 LEDs and displays North Korean propaganda animations – was installed in early 2018 by an unspecified Chinese company on behalf of the Egyptian investors, one of the sources said.