INSEAD Day 4 - 728x90

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts 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.