Latest news with #post-Eid
Egypt Today
12-06-2025
- Business
- Egypt Today
Stock market lands in the red on Thursday, Market cap. slips to LE 2.296Trn
Cairo – June 12, 2025: The Egyptian Exchange (EGX) broke its post-Eid vacation green streak as indices plunged before the weekend. EGX 30 fell by 1.29 percent to hit 32,511.68 points during Thursday's session. The Shariah index (EGX 33) dropped by 1.86 percent to end the session with 3,370.16 points. EGX 70 plummeted by 2.63 percent to 9,605.19 points, followed by EGX 100 slipping by 2.31 percent to close the session with 13,070.09 points. Thursday's session reported 1.89 billion shares exchanged with a turnover of LE 5.70 billion. Market capitalization was recorded at LE 2.296,2 trillion. Trading on securities saw Egyptian investors as net sellers with LE 63.1 million. Foreign and Arab traders were net buyers with LE 32.7 million and LE 30.4 million, respectively. Individual traders controlled the majority of trades with 72.46 percent of overall activity. The top gains of the session were by Samad Misr -EGYFERT which climbed by 10.57 percent, Misr Beni Suef Cement by 3.69 percent, and Gulf Canadian Real Estate Investment Co. by 2.76 percent.
News18
08-06-2025
- Lifestyle
- News18
Beyond Eid: Flavourful Recipes to Relive the Festive Warmth
Last Updated: Whether you're hosting loved ones or simply craving soulful comfort food, these recipes are perfect to recreate that post-Eid magic any day of the year. These indulgent yet nourishing recipes like the rich and smoky Dal Gosht, the citrus-kissed Sheer Khurma, and the comforting yet celebratory Mutton Poha Biryani invite you to revisit the warmth and generosity of the festive table Even though Eid has passed, the joy of festive cooking lingers on. These indulgent yet nourishing recipes—like the rich and smoky Dal Gosht, the citrus-kissed Sheer Khurma, and the comforting yet celebratory Mutton Poha Biryani—invite you to revisit the warmth and generosity of the festive table. Curated by Chef Deepak, Inhouse Culinary Chef R&D at Tata Consumer Products Ltd., these dishes are a tribute to tradition, reimagined with wholesome ingredients and creative flair. Whether you're hosting loved ones or simply craving soulful comfort food, these recipes are perfect to recreate that post-Eid magic any day of the year. Smoky Dal Gosht Ingredients For the Lentils 100g Tata Sampann Unpolished Masoor Dal (½ cup) 50g Tata Sampann Unpolished Toor Dal (¼ cup) 2g Tata Sampann Turmeric Powder (½ tsp) 600ml Water (2½ cups) For the Mutton 500g Mutton (bone-in) 20g Ghee (1½ tbsp) 200g Onion, thinly sliced (2 medium) 150g Tomato, chopped (1 medium) 20g Ginger-Garlic Paste (2 tsp) 5g each: Tata Sampann Red Chili, Cumin, Coriander, Garam Masala Powder (1 tsp each) 250ml Water (1 cup) Final Enhancements 30ml Coconut Cream (2 tbsp) 2g Tata Sampann Kasuri Methi (1 tsp) 15g Fresh Coriander, chopped 20g Fried Onion (2 tbsp) 1 piece Charcoal (~25g) + 1 tsp Ghee (for smoke infusion) Instructions 1. Cook the Lentils Soak dals for 15 mins. Pressure cook with turmeric and water for 4–5 whistles or until soft. Blend into a smooth puree. Set aside. 2. Cook the Mutton Heat ghee, sauté onions till golden. Add ginger-garlic paste and cook for a minute. Add mutton, sear for 4–5 mins. Add tomatoes and cook till soft. Add powdered spices and salt. Stir in water. Pressure cook for 4–5 whistles or simmer till mutton is tender. 3. Combine & Simmer Mix blended lentils into cooked mutton. Add coconut cream and simmer for 10 mins. Add crushed Kasuri methi. Simmer for 2 more mins. 4. Infuse Smoky Flavor (Dhungar) Heat charcoal until red-hot. Place it in a small bowl inside the pot. Drizzle ghee on charcoal and immediately cover. Let it smoke for 2–3 mins. Remove charcoal. 5. Garnish & Serve Top with coriander and fried onions. Serve hot with rice or naan. Sheer Khurma with Orange Twist Ingredients 1 cup Tata Sampann Vermicelli (Seviyan) 1 liter Milk ¼ cup Sugar (adjust to taste) 1 tsp Orange Zest (+ extra for garnish) 6–8 Tata Sampann Dates, chopped ¼ cup Mixed Nuts (almonds, pistachios, cashews), chopped ½ tsp Cardamom Powder A few strands Tata Himalayan Saffron 2½ tbsp Ghee Instructions Roast Vermicelli: In ghee, sauté vermicelli until golden and aromatic. Boil Milk: In another pot, bring milk to a boil. Add roasted vermicelli and simmer for 5–7 mins. Flavor Base: Add sugar, cardamom powder, saffron, and orange zest. Mix well. Add Dates: Stir in chopped dates to infuse natural sweetness. Sauté Nuts: In ½ tbsp ghee, sauté chopped nuts until golden. Finish: Stir nuts into Sheer Khurma. Top with a pinch of orange zest. Serve warm or chilled. Mutton Poha Biryani (Perfect for Eid) Ingredients Mutton Preparation 500g Mutton (bone-in) 2 tbsp Ginger-Garlic Paste 2 large Onions, thinly sliced 4 Green Chilies, sliced 1 tsp Tata Sampann Red Chili Powder ½ tsp Tata Sampann Turmeric Powder 1 tsp Tata Sampann Garam Masala Whole spices: 2 Bay Leaves, 1" Cinnamon, 4–5 Cloves, 2–3 Cardamoms, 1 tsp Cumin Seeds ½ cup Yogurt 1 tbsp Lemon Juice Salt to taste 3 tbsp Ghee Poha Layer 2 cups Tata Sampann Thick Poha Water to rinse ½ tsp Tata Sampann Turmeric Powder Garnishing 2 tsp Saffron Strands in Warm Milk 1 tbsp Mint Leaves, chopped 2 tbsp Fresh Coriander, chopped ¼ cup Fried Onions 1 tbsp Tata Sampann Cashews (Fried) Instructions 1. Cook the Mutton In ghee, sauté whole spices until fragrant. Add onions and cook till golden. Add ginger-garlic paste. Sear mutton for 5 mins. Mix in powdered spices, salt, yogurt, and chilies. Cook until oil separates. Add water as needed. Pressure cook for 3–4 whistles or simmer till tender. Finish with lemon juice. 2. Prepare the Poha Rinse poha under cold water and drain. Sprinkle turmeric. Set aside. 3. Assemble & Layer In a heavy pan, layer half the mutton, then half the poha. Repeat. Ensure poha is the top layer. Drizzle saffron milk on top. 4. Garnish & Cook Top with mint, coriander, fried onions, and cashews. Cover and cook on low heat for 10 mins to let flavors meld. top videos View all 5. Serve Mix layers gently before serving. Serve hot with cucumber raita and Sheer Khurma. About the Author Swati Chaturvedi Swati Chaturvedi, a seasoned media and journalism aficionado with over 10 years of expertise, is not just a storyteller; she's a weaver of wit and wisdom in the digital landscape. As a key figure in News18 More The News18 Lifestyle section brings you the latest on health, fashion, travel, food, and culture — with wellness tips, celebrity style, travel inspiration, and recipes. Also Download the News18 App to stay updated! Location : New Delhi, India, India First Published: June 08, 2025, 06:21 IST News lifestyle » food Beyond Eid: Flavourful Recipes to Relive the Festive Warmth
Arab Times
01-06-2025
- Business
- Arab Times
Despite High Supply, Sacrificial Sheep Prices Remain Elevated In Kuwait
KUWAIT CITY, June 1: As Eid Al-Adha approaches, the demand for sacrificial sheep has led to a notable increase in prices across Kuwait's livestock markets. Prices for sacrificial animals now range between KD 100 and KD 180, depending on factors such as breed, age, and origin. A seasoned worker at a prominent sheep market in Jleeb Al-Shuyoukh reported that sacrificial animals are plentiful this year from multiple sources, leading to relatively lower prices compared to last year. He attributed this to increased supply, despite the special requirements for sacrificial animals — free from defects and of a specific age. He noted that traders invest months preparing animals for the season, aiming for modest profits of around KD 10 per animal. Another trader explained that while prices vary from KD 100 to KD 180, public attention tends to focus only on the highest prices. He cited factors such as high feed costs and losses due to weather as contributors to price fluctuations. He expressed optimism given the ample supply. A Sudanese seller with stock from four different countries said this year's market has more options, with sheep sold both in markets and directly from barns. He emphasized the wide availability as a positive for buyers. However, not all feedback was optimistic. A Kuwaiti shopper criticized the high prices, saying that despite government subsidies on feed and livestock facilities, prices continue to rise. He urged better regulation to prevent monopolistic practices. Another Kuwaiti citizen echoed similar concerns. He claimed local traders have lost control over the market, now dominated by expatriate sellers who manipulate prices. He said genuine local sellers offer lower prices in personal barns, though their quantities are limited. He argued that prices should range between KD 90 and KD 120, noting that post-Eid prices often drop by 20 to 30 dinars. A local resident also voiced frustration, calling for stricter government oversight. She pointed out that while sacrificial animals are widely available from several countries, prices remain unjustifiably high. Previously able to purchase up to six animals, she now plans to buy fewer due to inflated costs, citing a Syrian Naimi priced at KD 1,000. Despite high supply, market prices have not adjusted accordingly, with calls mounting for regulatory intervention to protect consumers during the holiday season.
Arab Times
01-06-2025
- Business
- Arab Times
Kuwait's Eid livestock market sees price hike despite supply surge
KUWAIT CITY, June 1: As Eid Al-Adha approaches, the demand for sacrificial sheep has led to a notable increase in prices across Kuwait's livestock markets. Prices for sacrificial animals now range between KD 100 and KD 180, depending on factors such as breed, age, and origin. A seasoned worker at a prominent sheep market in Jleeb Al-Shuyoukh reported that sacrificial animals are plentiful this year from multiple sources, leading to relatively lower prices compared to last year. He attributed this to increased supply, despite the special requirements for sacrificial animals — free from defects and of a specific age. He noted that traders invest months preparing animals for the season, aiming for modest profits of around KD 10 per animal. Another trader explained that while prices vary from KD 100 to KD 180, public attention tends to focus only on the highest prices. He cited factors such as high feed costs and losses due to weather as contributors to price fluctuations. He expressed optimism given the ample supply. A Sudanese seller with stock from four different countries said this year's market has more options, with sheep sold both in markets and directly from barns. He emphasized the wide availability as a positive for buyers. However, not all feedback was optimistic. A Kuwaiti shopper criticized the high prices, saying that despite government subsidies on feed and livestock facilities, prices continue to rise. He urged better regulation to prevent monopolistic practices. Another Kuwaiti citizen echoed similar concerns. He claimed local traders have lost control over the market, now dominated by expatriate sellers who manipulate prices. He said genuine local sellers offer lower prices in personal barns, though their quantities are limited. He argued that prices should range between KD 90 and KD 120, noting that post-Eid prices often drop by 20 to 30 dinars. A local resident also voiced frustration, calling for stricter government oversight. She pointed out that while sacrificial animals are widely available from several countries, prices remain unjustifiably high. Previously able to purchase up to six animals, she now plans to buy fewer due to inflated costs, citing a Syrian Naimi priced at KD 1,000. Despite high supply, market prices have not adjusted accordingly, with calls mounting for regulatory intervention to protect consumers during the holiday season.
Zawya
21-04-2025
- Business
- Zawya
Post-Eid recovery masks downward pressure on air cargo demand
Global tonnage improved +3% in the April 7 to April 13 period after the previous week's drop of -7% as markets that had closed for the Eid-Al Fitr holiday came back on stream, but comparison with last year's developments for this holiday indicates that this constituted less than half of the decline in week 14, which suggests that demand has been further afflicted by uncertainty about the trade conflict triggered by the US government, according to WorldACD. After the Eid holiday volumes rebounded in double-digit percentages week on week (WoW) out of Africa (+13%) and Middle East & South Asia (MESA, +12%), while tonnage increased +4% out of Asia Pacific and +3% out of Central and South America, whereas Europe and North America origins registered declines of -1% and -2% respectively, it stated. The comparison of the last two weeks with the previous two weeks shows a worldwide decline of -6% in chargeable weight, down from a -4% 2Wo2W slip in week 14. However, year on year (YoY) global tonnage was at +9%, based on the last two weeks, up from a +7% in our previous report, but this positive trend is caused by the Eid festival that took place in week 15 last year, it stated. According to WorldACD, the upward momentum in worldwide pricing seen in recent weeks hit a wall, retreating from $2.50 in week 14 to $2.48 (-1%), which slowed the 2Wo2W momentum from +3% last week to +2%. The uncertainty over trade conditions has caused companies to postpone investment and sourcing decisions until there is more clarity, and in some cases to cancel orders. This has dented demand, while capacity increased +1% on a 2Wo2W basis. Compared to a year ago pricing in week 15 was still slightly up (+2%), based on the more than 500,000 weekly transactions covered by WorldACD's data. North America was the only origin region that registered increased pricing week on week, up +4%. Rates were flat out of Europe and Central & South America, and fell by -2% from Asia Pacific, -3% from Africa and -4% from MESA. The -2% WoW rate decline out of Asia Pacific was largely the result of the post-Eid recovery of traffic within the region and to MESA, that have lower-than-average rates, also driving down the global average rate. Pricing from Asia Pacific to North America rose +6% on a 2Wo2W basis, while tonnage on the sector sank -5%, it added.- TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
