Business Today Egypt | October – November 2023, Special Edition

Sports
Opportunities for Growth
Hosting sports events can attract a large influx
of tourists, leading to increased spending on accommodations,
transportation, and local businesses.
This surge in economic activity contributes
to the growth of various sectors, including
hospitality, retail, and transportation.
In recent years, Egypt has hosted numerous
championships. In 2018 alone, it hosted the Arab
and African BMX Cycling Championship at the
Armed Forces Stadium in the City of the Future,
the Arab and African Duathlon (Running - Cycling)
Championship in Luxor, and the Arab and
African Triathlon Championship in Sharm El-
Sheikh. It also hosted the 14th African Rhythmic
Gymnastics and Trampoline Championship at
Cairo Stadium and the 16th World Finswimming
Championship for Juniors in Sharm El-Sheikh.
In 2019, Egypt hosted several important championships,
notably the African Cup of Nations, in
which Egypt saved the day after the tournament
was withdrawn from Cameroon due to the failure
to complete the tournament’s facilities and Morocco’s
apology. Egypt was assigned the tournament
just six months earlier, and Ramadan was
one of those months. However, with the Egyptian
efforts and the strong support of the government,
all stadiums were prepared in the latest style, and
the championship was successfully held in Egypt.
Egypt hosted the African Cup of Nations for
Under-23, qualifying for the Tokyo Olympics, the
African Women’s Volleyball Championship, the
African Women’s Basketball Championship, and
the African Weightlifting Championship at Cairo
Stadium. Moreover, it hosted the Modern Pentathlon
World Cup in the Fifth Settlement and
the African Youth Canoe and Kayak Championship
in Alamein.
Despite the COVID-19 pandemic, Egypt succeeded
in hosting numerous championships
in 2020 and 2021, including the World Youth
Pentathlon Championships under 17 - 18 - 21
in Alexandria, the World Junior Cycling Championships,
and the Arab and African Triathlon
Championships in Sharm El-Sheikh.
Other championships include the African Sailing
Championship in Alexandria, the African
U-20 Athletics Championship, the African Karate
Championship at Cairo Stadium, and the Arab
Speedball Championship in Sharm El-Sheikh.
In October 2020, Sharm El-Sheikh International
Camel Championship was held, and a
month later in November 2020, the African
Men’s and Junior
Basketball Championship
was held. Egypt
continued to host the Golden
Cleopatra International Chess
Championship in January 2021, the World
Handball Championship in January 2021, the
sixth Arab Rugby Championship for men
and the first for women in February
2021, and the International Professional
Squash Championship for
men and women in March 2021.
Further, Egypt organized the
World Shooting Cup Championship
from February to March
2021, the African Track and Field
Championship at Cairo Stadium
in March 2021, and the World
Weapons Championship (youth and
www.businesstodayegypt.com
November 2023
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