Al-Badri cautious ahead of Production meeting
CAIRO: Ahly coach Hossam Al-Badri sounded a note of caution ahead of the Red Devils' Egyptian Cup semi-final clash with Military Production, saying the game is expected to be…
Ahly reach agreement with Petrojet over Soliman
CAIRO: Ahly have reached an initial agreement with Petrojet to land Egyptian international Walid Soliman, FilGoal.com understands. The Cairo giants are seeking to sign the skillful schemer on a part-exchange…
Ancient mayor's 'lost tomb' found south of Cairo
CAIRO: Archaeologists have discovered the 3,300-year-old tomb of the ancient Egyptian capital's mayor, whose resting place had been lost under the desert sand since 19th century treasure hunters first carted…
Gulf sex shop offers marriage guidance with edible undies
MANAMA: Usually veiled and wearing a modest, flowing abaya, Khadija Ahmed looks an unlikely owner of the conservative Gulf's first sex shop. She sees nothing wrong, however, with selling "joy…
Housing Solutions in Morocco
RABAT: After a building slowdown caused by the global recession and the removal of a tax break for low-income housing developers in 2008, the Moroccan government has reinstated affordable housing…
GFH to sell stake in Bahrain Financial Harbor
DUBAI: Gulf Finance House will sell its 50 percent stake in Bahrain Financial Harbor Holding to Emar Bahrain, the company said in a statement on Monday. The sale, which is…
Invest AD to launch Middle East PE fund
SHANGHAI: Invest AD, which manages investments for the Abu Dhabi government and institutional investors, said on Monday it was launching a private equity fund to invest in the Middle East…
ICBC eyes operations in Kuwait, Saudi Arabia
SHANGHAI: Industrial and Commercial Bank of China (ICBC), the world's biggest lender by market value said on Monday it was seeking acquisition opportunities to expand business in the Middle East…
Dubai residential rents seen lower in 2010, says CBRE
DUBAI: Residential rents in Dubai are set to fall further in 2010 due to increased supply, while vacancy rates in Abu Dhabi's office market are expected to rise to as…
Oil above $74 on dollar, down 14 pct in May
LONDON: Oil rose above $74 on Monday in line with a timid recovery across financial markets, but was set for its biggest monthly loss in 18 months after European economic…