Morgan Stanley raises target on Saudi’s Mobily
RIYADH: Morgan Stanley raised its price target by 8 percent on shares of Saudi mobile phone operator Etihad Etisalat (Mobily) and said strong growth is set to continue beyond 2010.…
Ismaili coach eyes Spain example
ISMAILIA: Ismaili manager Mark Wotte wants his team to follow in the footsteps of World Cup champions Spain after suffering defeat in their first game of the season. The Dervishes…
New in Marina
Opening up in Marina on the North Coast was the restaurant Julius, promising to bring the best of Italian cuisine to hungry beach goers. Attending the event were guests and…
Vodafone Qatar loss narrows as customer base grows
DOHA: Vodafone Qatar said its quarterly net loss narrowed 5 percent from the previous quarter as it grew its customer base by 15 percent. The Qatari affiliate of British mobile…
Saudi Arabia hands out $16 bln in construction deals
RIYADH: The Saudi government handed out contracts 60 billion riyals ($16 billion) in construction deals in the past six months as the top oil exporter continues a infrastructure plan, the…
Meteb’s Standard move in jeopardy
CAIRO: Emad Meteb's proposed move to Standard Liege took a major twist after the striker was denied from travelling by the Egyptian Military. Meteb, who passed a medical before signing…
Abu Dhabi’s Aabar confirms higher buyout price
ABU DHABI: Abu Dhabi's Aabar Investments confirmed it is raising its offer to minority shareholders to AED1.95 per share from 1.45 after pressure from the regulator to increase the delisting…
Al-Hadari taunted by Zamalek fans
CAIRO: Zamalek new signing Essam Al-Hadari didn’t receive the greeting he expected in his first home game with the team. The Whites' pre-season goalless draw with Wadi Degla at Railways…
AE cbank dismisses Iran idea of dirham oil trade
DUBAI: The United Arab Emirates central bank governor dismissed on Tuesday reports that Iran may seek payment in dirhams for its oil exports to Europe to get around sanctions, saying…
Middlesbrough leave ‘unfit’ Mido behind
CAIRO: Ahmed “Mido” Hossam was one of few players to be dropped from Middlesbrough's pre-season trip to Ireland due to lack of fitness. The Egyptian striker, who returned from a…