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Latest in Real Estate


China to launch second lunar probe this weekend

BEIJING – China’s space ambitions are forging ahead with plans to launch the country’s second unmanned lunar probe this weekend. The Chang’e II probe will be shot into space sometime between Friday and Sunday aboard a Long March 3C rocket, state media reported. Weather conditions at the Xichang launch center in the southwestern province of …

AP

Could ‘Goldilocks’ planet be just right for life?

WASHINGTON – Astronomers say they have for the first time spotted a planet beyond our own in what is sometimes called the Goldilocks zone for life: Not too hot, not too cold. Juuuust right. Not too far from its star, not too close. So it could contain liquid water. The planet itself is neither too …

Daily News Egypt

Dubai’s Drake and Scull to buy Saudi mechanical firm

DUBAI: Dubai contractor Drake and Scull International (DSI) on Thursday said it will acquire a Saudi-based mechanical, electrical and plumbing company, adding it plans to buy another firm in the kingdom this year. "We made a commitment to our shareholders when Drake & Scull International listed on the Dubai Financial Market, and are pleased that …

Reuters

Egypt’s PM says to reallocate Madinaty land to TMG

CAIRO: Egypt’s Prime Minister said on Thursday the government would reallocate the land for Talaat Moustafa’s Madinaty project back to the firm after a court ruled the state land sale contract should be scrapped. The cabinet spokesman also said a group of ministers was drawing up details of the arrangement for final approval by the …

Daily News Egypt

Review: Newest iPods get it right, as expected

SAN FRANCISCO – By now, Apple’s introduction of new iPods each fall is about as surprising as kids going back to school. And, as usual, many of the changes CEO Steve Jobs announced this month were expected, such as the addition of cameras to the iPod Touch. But Apple Inc. took some risks this time …

AP

Twitter hack opens popups, causes havoc

NEW YORK: A new way to cause mischief quickly spread through short-messaging service Twitter on Tuesday morning before the site could fix the problem, as mysterious "tweets" of blocked-out text propagated themselves and caused popup windows to open. Shortly before 10 a.m. Eastern time, (1400 GMT), Twitter said on its "safety" feed on the site …

AP

Saudi Bachelors Pay to Get Into Women-Only Malls

You’re a young guy with a few hours to waste. The sun is boiling. The tummy is starting to rumble and there in the distance, as if the higher forces had heard your call, is a glistening shopping mall with a food court and female shoppers that would make any mouth water. But there is …

Daily News Egypt

Where’s the oil? On the Gulf floor, scientists say

NEW ORLEANS: Far beneath the surface of the Gulf of Mexico, deeper than divers can go, scientists say they are finding oil from the busted BP well on the sea’s muddy and mysterious bottom. Oil at least two inches thick was found Sunday night and Monday morning about a mile beneath the surface. Under it …

Daily News Egypt

FTSE Group adds UAE as “secondary” emerging market

DUBAI: FTSE Group added the United Arab Emirates as a "secondary" emerging market within its global equity index series, which the index provider says is the first time the country has been added in a global equity universe. UAE and other Gulf states such as Qatar are generally classified as "frontier" markets, a classification seen …

Reuters

The Middle East deserves better than Sex and the City sequel

BEIRUT: For fans of Sex and the City – a television series and movie centered on the lives of four single women living in New York City – the summer movie sequel Sex and The City 2 promised fashion, fun, friendships and more. Viewers who watched it when it premiered on July 15 in Lebanon …

Daily News Egypt

Google, Verizon near net neutrality plan, Source

WASHINGTON – Google Inc. and Verizon Communications Inc. are close to finalizing a proposal for so-called "network neutrality" rules, which would dictate how broadband providers treat Internet traffic flowing over their lines, according to a person briefed on the negotiations. A deal could be announced within days, said the person, who did not want to …

Daily News Egypt

Egypt index up, builders lead

CAIRO: Egypt’s main stock index added 1.6 percent by the close, after the Talaat Moustafa Group’s court case was postponed and Orascom Telecom said its Algerian accounts have not been frozen. Talaat Moustafa gained 0.9 percent. The firm, which is the country’s biggest listed developer, is challenging a ruling that a land sale deal agreed …

Reuters

This croc could chew, study

PARIS: Scientists on Wednesday announced the discovery of an ancient, mammal-like crocodile that knew how to chew, something its modern gash-and-gulp cousins cannot do. The 100-million-year-old reptile, unearthed in Tanzania, was about the size of a domesticated cat and more at home on land than in water. It had an unusually lean profile, a flexible …

Daily News Egypt

Ford opens $5 mln facility in Obour

CAIRO: Fikry Group, Ford’s importer and dealer in Egypt, opened Tuesday a $5 million facility in Obour City. The new facility, located on an area of 6,300 square meters in the outskirts of Cairo, houses the company’s new corporate administrative headquarters in Egypt, a showroom as well as a training and service center. Ford Motor …

Amr Ramadan

Pakistani president arrives in France

PARIS: Pakistan’s President Ali Asif Zardari was in Paris on Monday at the start of a difficult week-long trip to France and Britain overshadowed by British allegations of terror sponsorship. A spokesman for the Pakistani embassy said Zardari had arrived overnight and would meet France’s President Nicolas Sarkozy later in the day and Foreign Minister …

AFP

Boat of plastic bottles ends 4-month Pacific sail

SYDNEY: A sailboat largely constructed from 12,500 recycled plastic bottles has completed a 4-month journey across the Pacific Ocean meant to raise awareness about the perils of plastic waste. The Plastiki, a 60-foot (18-meter) catamaran, and its six crew weathered fierce ocean storms during its 8,000 nautical miles at sea. It left San Francisco on …

AP

Plankton, base of ocean food web, in big decline

WASHINGTON: Despite their tiny size, plant plankton found in the world’s oceans are crucial to much of life on Earth. They are the foundation of the bountiful marine food web, produce half the world’s oxygen and suck up harmful carbon dioxide. They also are declining sharply. Worldwide phytoplankton levels are down 40 percent since the …

Daily News Egypt

Earth’s climate future may be etched in Greenland bedrock

PARIS: Scientists hit Greenland bedrock this week after five years of drilling through 2.5 kilometers (1.6-mile) of solid ice, a 14-nation consortium announced Wednesday. Ice core samples from Eemian period 130,000 to 115,000 years ago — the last time Earth’s climate was a few degrees warmer than today — could help forecast the impacts of …

Daily News Egypt

‘World’s oldest tweeter’ Ivy Bean dies at 104

LONDON: Ivy Bean, who became an online celebrity as the oldest known user of micro-blogging site Twitter, has died at the age of 104. Pat Wright, manager of the care home where she lived in Bradford, northern England, says Bean died peacefully early Wednesday. Wright said Bean "grabbed new technology. She would try anything." Bean …

AP

Apple iPod Nano may pose fire hazard, says Japan

TOKYO: Japan’s industry ministry has ordered Apple to report on measures it will take regarding cases of its iPod Nano music player overheating and catching fire, an official said Thursday. Overheating of the 2005 iPod Nano while charging has caused at least 27 incidents, including six fires that required firefighters to be called, an official …

AP

Bunker-busting ATM attacks show security holes

LAS VEGAS: A hacker has discovered a way to force ATMs to disgorge their cash by hijacking the computers inside them. The attacks demonstrated Wednesday targeted standalone ATMs. But they could potentially be used against the ATMs operated by mainstream banks. Criminals have long known that ATMs aren’t tamperproof. There are many types of attacks …

Daily News Egypt

FA to decide on Geddo saga

CAIRO: Board member Hazem Al-Hawari informed FilGoal.com with the date of the meeting, stressing that the player will definitely be sanctioned. "We’ll have a meeting on Sunday and we shall discuss the problem," Al-Hawari said. "He will definitely be fined, according to the FA’s regulations. "But it’s still unclear whether there will be a suspension …

filgoal.com

Review: Great iPad games are worth the search

Apple’s iPad has been around only since April, but since its release I have drawn two conclusions: 1. It is a great machine for playing games. 2. Game developers have not come close to exploiting its potential. Oh, there is plenty for sale in the iPad version of the App Store. But most of the …

Daily News Egypt

FIFA clears Australia over World Cup bid

SYDNEY: FIFA has cleared Australia of any wrongdoing in its bid to host the 2022 World Cup, after allegations of bribery, football officials said on Friday. Football Federation Australia (FFA) said the world body found there was no case to answer after The Age newspaper reported gifts of jewellery and free travel for delegates. "FIFA …

AFP

Google finances projects to test digital library

SAN FRANCISCO: Google Inc. is giving researchers nearly a half-million dollars to test the academic value of its rapidly growing online library. The grants announced Wednesday will be used to help pay for 12 humanities projects studying questions that will require sifting through thousands of books to reach meaningful conclusions. Google is hoping the research …

AP

Britain unveils Google Earth map showing temperature rises

LONDON: British ministers on Wednesday launched a new Google Earth map designed to show the potential impact of temperature rises of four degrees Celsius. The interactive map lets members of the public see the dramatic changes that could occur if action is not taken to curb greenhouse gas emissions. Significant alterations include higher temperatures over …

AFP

Scientists say Gulf spill altering food web

NEW ORLEANS: Scientists are reporting early signs that the Gulf of Mexico oil spill is altering the marine food web by killing or tainting some creatures and spurring the growth of others more suited to a fouled environment. Near the spill site, researchers have documented a massive die-off of pyrosomes — cucumber-shaped, gelatinous organisms fed …

Daily News Egypt

Yamaha unveils zero-emission electric motor scooter

TOKYO: Japan’s Yamaha Motor unveiled on Wednesday a zero-emission electric motor scooter for city use that it said could travel five times farther than a gasoline model for the same cost. The EC-03 can travel 43 kilometres (26.6 miles) on a single six-hour charge from a household power outlet, which costs about 18 yen (cents) …

DNE

Tiny shard bears oldest script found in Jerusalem

JERUSALEM: Archaeologists say a newly discovered clay fragment from the 14th century B.C. is the oldest example of writing ever found in antiquity-rich Jerusalem. Dig director Eilat Mazar of Hebrew University says the 2-centimeter (0.8-inch) long fragment bears an ancient form of writing known as Akkadian wedge script. The fragment includes a partial text including …

AP