Search Site

Trends banner

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

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.