Saturday 12 July 2014
 
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olympic

Embezzlement pair jailed for 3 years in Bahrain

Two employees of the Bahrain Olympic Committee (BOC) have been jailed for three years each for embezzlement. They were convicted of financial fraud, abusing their positions, embezzling BOC funds, forging offers and attributing the

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It's Tokyo for 2020 Olympic Games

Tokyo celebrated after being awarded the 2020 Olympic Games on Sunday, with a huge roar arising from thousands gathered in a park in the early hours of a grey, humid morning and people embracing on street corners in the city. Toky

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Pantene names Olympic beauty ambassadors

Pantene, a leading haircare brand, has announced it will support 11 elite female athletes as its newest beauty ambassadors who will be featured in its first global marketing campaign to support the Olympic Games. The athletes will provide

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Pantene names Olympic beauty ambassadors

Pantene, a leading haircare brand, has announced it will support 11 elite female athletes as its newest beauty ambassadors who will be featured in its first global marketing campaign to support the Olympic Games. The athletes will provide

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Bahrain to host martial arts event

Bahrain is set to host an Olympic-style Taekwondo tournament in a bid to promote martial arts across the country. The event, due to take place in December, will give participants a chance to showcase their skills and prepare them for inter

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Olympic swings to first-half loss

Egyptian appliance maker Olympic Group posted a first-half net loss of EGP39.1 million ($6.6 million), the firm said in a statement on Monday. Olympic, which said it was acquired in an all-cash deal by Sweden's Electrolux AB in July, had n

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Electrolux to pay cash for Olympic purchase

Olympic Group said on Monday its acquisition by Sweden's Electrolux AB remained an all-cash deal despite the lower price and the Egyptian firm would now expand into new European markets. Asked about payment, Olympic's Chief Financial Offic

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Olympic sees Electrolux deal in 30 days

Egyptian appliance maker Olympic Group said on Sunday it was extending the timetable for completion of a takeover of the company by Sweden's Electrolux by 30 days. 'On the evening of June 30, 2011, a new amendment was signed to the

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Olympic sees Electrolux deal in 30 days

Egyptian appliance maker Olympic Group said on Sunday it was extending the timetable for completion of a takeover of the company by Sweden's Electrolux by 30 days. 'On the evening of June 30, 2011, a new amendment was signed to the

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Olympic sees Electrolux deal 'in a few weeks'

Olympic Group's parent company Paradise Capital expects to seal a takeover of the Egyptian appliance maker by Electrolux "within a few weeks", Paradise's chairman said on Wednesday. Saad El-Din Abdullah Sallam said he expected the final de

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