INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Egypt to make bid to host 2036 Olympic Games

President of the IOC Thomas Bach and President of the Palestinian Olympic Committee Jibril Rajoub pose for a group picture with young athletes in the West Bank. (AFP)
  • An Egyptian official announced earlier in the month that Egypt, Greece and Saudi Arabia were in talks to jointly host the 2030 World Cup
  • Egypt staged the 2019 Africa Cup of Nations, as well as last year's handball world championship during the Covid-19 pandemic

Cairo, Egypt— Egypt is planning to apply to host the 2036 Olympic Games, sports minister Ashraf Sobhi said on Saturday during a reception for IOC president Thomas Bach in Cairo.

“President Abdel Fattah al-Sissi has given his permission for Egypt to put itself forward as host for the 2036 Olympics,” Sobhi said.

If successful with its bid, Egypt would become the first African or Arab nation to host the Olympics.

“Egypt has solid sporting infrastructures and if it can host the Olympic Games, it will be historic,” Bach said during a joint press conference with Sobhi.

An Egyptian official announced earlier in the month that Egypt, Greece and Saudi Arabia were in talks to jointly host the 2030 World Cup.

Egypt staged the 2019 Africa Cup of Nations, as well as last year’s handball world championship during the Covid-19 pandemic.