Search Site

Trends banner

Masdar issues $1bn bond

Its green bond program hits $2.75 billion.

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Basketball stands collapse in Egypt stadium, injuring 27

Egypt ranks 14th globally in terms of population. (File pic)
  • The Egyptian basketball federation suspended the match between Alexandria's Al Ittihad and Cairo's Al Ahly as first responders rushed to the Hassan Mostafa Sports Hall
  • Youth and Sports Minister Ashraf Sobhi has appointed a committee to look into the circumstances of the incident.

Cairo, Egypt–At least 27 people were injured on Saturday when part of a sports stadium south of Cairo collapsed during a basketball match, Egypt’s health ministry said.

Ministry spokesman Hossam Abdel Ghaffar said “27 people were injured, some with fractures and bleeding,” adding that “most were non-life-threatening injuries”.

Also read: Egypt to make bid to host 2036 Olympic Games

The Egyptian basketball federation suspended the match between Alexandria’s Al Ittihad and Cairo’s Al Ahly as first responders rushed to the Hassan Mostafa Sports Hall in the October 6 suburb.

More than 20 ambulances were dispatched to take the injured fans to hospital from the sports venue, the ministry added.

Youth and Sports Minister Ashraf Sobhi has appointed a committee to look into the circumstances of the incident.

Also read: Egypt, Greece, Saudi in talks to jointly host 2030 World Cup

Footage on social media showed a metal stands collapsed in the multi-purpose arena, which is named for Hassan Moustafa, head of the International Handball Federation. It opened three years ago ahead of the 2021 World Men’s Handball Championship, which Egypt hosted.

Sports incidents are not uncommon in Egypt.

A 2012 riot in the coastal city of Port Said caused more than 70 deaths in one of the world’s worst soccer-related incidents.

In 2015, 22 fans were died during a stampede prompted by heavy tear gas fired by police outside a stadium in a Cairo suburb.