International Olympic Committee (IOC) President Thomas Bach speaks during a news conference in Cairo on Saturday (Photo: the Egyptian Olympic Committee s Facebook page)
The announcement came after Sisi met International Olympic Committee (IOC) President Thomas Bach in Cairo earlier in the day.
"President Abdel Fattah El-Sisi gave his approval for Egypt … to submit a bid to host the 2036 Olympic Games," Sobhy said in a statement released by the Egyptian Olympic Committee (ENOC).
Another statement released by Egypt's presidency quoted Bach as saying that he has the utmost confidence in the country's abilities to stage the Olympics, singling out for praise the newly-established Olympic City in the New Administrative Capital, some 45 kilometers east of Cairo.
The sprawling complex will include a 93,440-seater football stadium, which will be the second largest in Africa after Johannesburg's FNB Stadium, as well as an Olympic-sized swimming pool, two sports halls, squash and tennis courts and other facilities.
Egypt is seeking to become the first African country to host the Olympics, a quadrennial showpiece.
The country has hosted several international sports events over the past few years, including the football African Cup of Nations in 2019 and the World Handball Championship last year.
Egyptian officials also said recently that the country is in talks with Saudi Arabia and Greece to make an ambitious joint bid to host the 2030 football World Cup.
Paris will host the upcoming Olympic Games in 2024, Los Angeles in 2028 and Australia's Brisbane in 2032.
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