Over the past few months the Red Devils couldn't agree terms of a new deal for the 33-year-old, which cast doubts over his future at the Cairo club.

But Ahli announced on their official website on Saturday that Barakat had already put pen to paper, and now he's bound to stay with the Egyptian champions till 2013.

"Barakat put his signature to the contract extension after a brief meeting with club vice president Mahmoud Al-Khatib on Friday night," an Ahli statement read.

The details of Barakat's new deal remain undisclosed, but the Cairo giants assured that the mercurial midfielder turned down a number of lucrative offers to stay at Ahli.

Later on, Barakat stressed that he's fully committed to Ahli, saying no other club could have lured him into a winter move.

"My loyalty to the club is non-negotiable, and I have proved all doubters wrong by penning a new deal," the versatile veteran commented.

"After playing for Ahli, the most prominent club in Egypt and Africa, carrying on my career elsewhere sounds really absurd."

Barakat has been integral part of Ahli's squad since 2004, and helped the team win numerous titles on all fronts over the past years.