Egypt Increases Rewards for Olympic Medalists ...Egypt

Egypt’s Olympic Committee and Ministry of Youth and Sports significantly increased financial rewards for medalists in the Paris 2024 Olympics, a joint social media statement announced on 11 August. “The rewards are now EGP 5 million (USD 101,636) for gold, EGP 4 million (USD 81,308) for silver, EGP 3 million (USD 60,981) for bronze,” the statement reads. “Additionally, each medal winner will be granted an immediate bonus of EUR 1,000 (EGP 53,478) and a luxury wristwatch.” The decision follows recent successes by Egyptian athletes, including Ahmed Elgendy’s gold in the modern pentathlon, Sara Samir’s silver in weightlifting, and Mohamed Elsayed’s bronze in fencing. Egypt increased incentives

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