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Wales Online
2 days ago
- General
- Wales Online
Eid al-Adha 2025 dates as moon sighting confirmed
Eid al-Adha 2025 dates as moon sighting confirmed Eid al-Adha is the second major Eid in the calendar and its date is confirmed following the moon sighting Eid al-Adha is the second major Eid in the calendar and its date is confirmed following the moon sighting (Image: Anadolu via Getty Images ) The dates of Eid al-Adha have been confirmed after moon sightings took place. A moon sighting event took place on Tuesday, May 27, to determine the end of Dhul Qadah, which is the 11th month of the Islamic calendar. Officials were attempting to sight the crescent moon that decides the next Islamic lunar month, Dhul Hijjah. This month includes the celebration of Eid al-Adha which takes place on the tenth day of Dhul Hijjah. Muslim countries globally have observed the moon sighting. Countries such as Saudi Arabia and the UAE have confirmed the start of the holy month of Dhul Hijjah to be Wednesday, May 28 which means Eid al-Adha 2025 will be celebrated on Friday, June 6, 2025. The visibility of the crescent moon varies globally due to the Earth's shape and atmospheric conditions. Countries such as Saudi Arabia and the UAE typically sight the crescent moon earlier, whereas south Asian countries like Pakistan and India typically sight the moon a day late and celebrate at a later time. Saudi officials declared the date for Eid al-Adha 2025 on May 27 at around 4.47pm after sighting the crescent moon in Saudi Arabia. Other Muslim countries such as Morocco confirmed Eid al-Adha on Saturday, June 7, 2025. Eid al-Adha is also referred to as Qurbani Eid, Bakra Eid, and Greater Eid. It starts on the tenth day of the Dhul Hijjah and its festivities last three days. It translates as the Festival of the Sacrifice and is observed with feasts using meat from slaughtered livestock. Some of this meat is sent to people in poorer regions of the world via food donations. Eid al-Adha is also linked to the Islamic Hajj Pilgrimage which is a sacred act of worship and the fifth pillar of Islam. Muslims from around the world travel to Mecca, Saudi Arabia to preform specific rituals, including circumambulating the Kaaba and standing on the plain on Arafat. Eid al-Adha marks the end of the annual Hajj pilgrimage, making it one of the most important days in the Islamic calendar year. This is the second main Eid in the calendar following Eid al-Fitr, which took place earlier in the year at the end of Ramadan. There are two key Eid celebrations on the Islamic calendar. Article continues below The first is Eid al-Fitr, also known as the Festival of Breaking the Fast, which is celebrated at the beginning of the Islamic month of Shawwal to commemorate the end of the daily fasting during the month of Ramadan. Some people celebrated Eid al-Fitr on March 30 this year, while others celebrated it on March 31. The second is Eid al-Adha, occasionally referred to as the Greater Eid, This festival.
Daily News Egypt
21-05-2025
- Business
- Daily News Egypt
Urban inflation rises to 13.9% in April despite fuel price hikes
Urban headline inflation in Egypt edged up to 13.9% in April 2025, compared to 13.6% in March, according to the Central Bank of Egypt (CBE). The slight increase came in the wake of fuel price hikes introduced by the Fuel Automatic Pricing Committee on April 11, which raised prices of gasoline, diesel, and LPG cylinders. Despite this, overall inflationary pressures remained relatively contained, supported by falling food prices. Core inflation, which excludes volatile items such as food and energy, accelerated to 10.4% in April, up from 9.4% in March. This increase was driven by a rise in monthly core inflation, which registered 1.2%, compared to 0.9% in March and 0.3% in April 2024. The uptick reflects the pass-through effect of higher fuel prices on services like private inland transportation and spending on restaurants and cafes. Rising costs in retail items, particularly clothing and pharmaceutical products, also contributed to the increase. However, these pressures were partially offset by a decline in core food inflation, which fell by 0.8% due to a notable drop in poultry prices. Monthly urban headline inflation came in at 1.3% in April, down from 1.6% in March, but slightly higher than the 1.1% recorded in April last year. The slowdown was largely attributed to an unexpected 12.9% decline in fresh fruit prices, which typically rise during this period. This seasonal anomaly, along with relatively stable prices in non-food items and core food products, helped moderate the overall monthly inflation rate. In rural areas, annual headline inflation rose to 13.1% in April, up from 12.5% in March. On a national level, annual headline inflation reached 13.5%, compared with 13.1% a month earlier. Food price movements had a mixed impact. Poultry prices dropped by 6.5% in April, marking the first decline in three months and reflecting a typical post-Ramadan seasonal adjustment. Egg prices also decreased, falling by 3%. Together, these items reduced monthly headline inflation by 0.44%. In contrast, fish and seafood prices rose by 2.7%, driven by seasonal demand during the Eid al-Fitr and Easter holidays, contributing 0.08% to overall inflation. While fresh vegetables saw a modest 1.4% increase, the sharp drop in fresh fruit prices outweighed this, and the combined effect of both categories subtracted 0.36% from monthly headline inflation. Non-food categories exerted stronger upward pressure. Prices of regulated items rose by 4% in April, contributing 0.84% to headline inflation. This was largely due to the 14% increase in fuel prices, which led to indirect inflationary effects on public transportation. Service prices increased by 2.3%, adding 0.61%, with much of the rise attributed to higher restaurant costs and private transportation fares. Retail items also saw significant price hikes, rising by 3.6% and contributing 0.50% to inflation. Pharmaceutical products in particular saw a 12% increase, while clothing prices also trended upward. Monthly core inflation was shaped by these developments. Services and retail items contributed 0.84 and 0.69%, respectively, to the monthly core reading. However, the decline in core food prices provided a counterbalance, subtracting 0.35% from the overall figure.
Yahoo
20-05-2025
- Business
- Yahoo
Portland City Council approves $171.8 million school budget
May 19—The Portland City Council unanimously approved the $171.8 million school budget on Monday night, which will account for a 5.3% increase in the schools portion of the property tax rate. For the owner of a median-priced $500,000 home, the budget would raise property taxes by $210 per year. The budget approved on Monday is $28,000 higher than the budget Superintendent Ryan Scallon presented to the council's finance committee in March. Sarah Lentz, who chairs the Portland Board of Public Education, explained in a note to the council ahead of the meeting that when the budget was originally crafted the district had not yet received notice of the cost of employee medical premiums. At the time it was estimated that medical premium expenses would climb by 6%, but she said the district recently learned that the actual increase for medical premiums will be 9.6%, $350,969 more than was originally budgeted for. Additionally, she wrote that the board's decision in April to add the Jewish holiday of Yom Kippur and the Muslim holiday of Eid al-Fitr to the school holiday calendar will cost about $130,000. In order to keep the budget from skyrocketing the district opted to make reductions. The board eliminated the Multilingual Center's AmeriCorps contract, restructured the student enrollment process and adjusted two positions from full-time to four and three days a week, respectively. The school budget the council approved this year is about $10 million higher than the $161.4 million school budget approved last year and brings a smaller property tax increase than last time. In her note, Lentz wrote that special education, multilingual learners and early childhood capacity were budget priorities this year. New expenditures in the budget include $800,000 for kindergarten literacy staff and more than $1 million for new school and central office-based special education staff, based on an outside review of the district's special education programming There's also $200,000 for two music teachers, something educators and parents advocated for at the district's first budget workshop in February. The budget includes funding for a staff member to prepare the district for taking on early childhood special education — a response to a bill that passed in the Legislature last year transferring responsibility of providing services to 3- and 4-year-olds from Child Development Services to local school districts. That change takes effect in 2028. Several people spoke in favor of the budget during the public comment period. Gabriel Terraciano, a Grammy nominated violinist who attended Portland Public Schools, spoke in favor of the addition of new music teachers. "I'm a former PPS student and I'm a professional musician," he said. "There are so many things in my life that I can trace back to the music educators who I was around." Evan Smith, the parent of a child with an Individual Education Plan, said that while he supports the budget, the new investments in special education aren't enough. "There is a portion of this budget for special education that does not come close to meeting the needs of existing IEPs," he said. "It just doesn't come close." A few council members spoke during discussions, expressing support for the budget. Councilor Ben Grant, who previously served on the school board, urged other councilors to support the budget. "If we continue down this path to pass supportive budgets for the school system I think we can keep telling our neighbors this is the right place to be," he said. "I think schools should get a bajillion dollars but I appreciate the times we are in," said Councilor Anna Bullett. Councilor Regina Phillips emphasized the need for more investment in adult education programs in the future. "I just want us to remember how important our adult education program is and maybe next year really and truly look at that program with a fine tooth comb to make sure we're really and truly doing everything we can for our adult learners" The council also heard a first read of the $285 million general fund budget on Monday night, which is not expected to go to a vote until June 23. Copy the Story Link
Zawya
20-05-2025
- Business
- Zawya
United Carton tests strength of Saudi retail demand: IFR
Appetite for IPOs among Saudi retail investors proved as robust as ever with individual demand for United Carton Industries well in excess of the entire SR600m (US$160m) deal. The deal was the first main market listing on Tadawul since the Eid al-Fitr holiday and the broader market volatility following US president Donald Trump's April 2 tariff announcements. The retail offer of 20% of the IPO attracted SR1.07bn of demand from 396,601 subscribers covering the public tranche 8.9 times. Institutional demand proved equally strong with SR75bn of demand covering the 80% going to institutions more than 150 times. The institutional bookbuild led to pricing at the top of a SR47–SR50 range valuing the company at SR2bn off a 30% free-float. Al Rajhi Capital ran the deal. More Tadawul retail offers are due this month for Specialized Medical Company and Flynas, which will open their books to the public on May 28. Pricing is still to be announced for those deals, which completed institutional bookbuilding on May 15 and May 18, respectively.
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First Post
05-05-2025
- Business
- First Post
Indonesia misses growth target in Q1, economy expands at slowest pace in 3 years
The government has targeted the economy to expand by 5.2 percent this year, and President Prabowo Subianto had set an ambitious goal of eight percent growth by 2029 read more Indonesia's economy grew at its weakest pace in more than three years in the first quarter, with headwinds expected in the rest of the year stemming from global trade turmoil and declining household spending. Southeast Asia's largest economy grew 4.87% in the first quarter from a year earlier, its slowest rate since the third quarter of 2021 and down from 5.02% in the previous quarter. Growth was roughly in line with analysts' forecasts in a Reuters poll at 4.91%. STORY CONTINUES BELOW THIS AD Quarter-on-quarter, gross domestic product fell 0.98 percent. The archipelago's economic growth was largely supported by household consumption, the largest contributor to GDP expansion, as well as exports, Statistics Indonesia head Amalia Adininggar Widyasanti said. Household consumption was helped by holiday spending with Ramadan and the Eid al-Fitr festival falling in March this year but still grew just 4.89 percent, down from 4.91 percent in the first quarter of last year. The government has targeted the economy to expand by 5.2 percent this year, and President Prabowo Subianto had set an ambitious goal of eight percent growth by 2029. Prabowo has introduced several controversial policies since he was sworn in last October, including free meal programmes that critics said put a huge burden on state coffers and massive cuts to government spending, triggering student protests across the country. Economic activity is expected to weaken in the coming months on the back of sluggish exports, economists said. 'Indonesia is one of the least trade dependent economies in the region and we don't think Trump tariffs will have a huge direct impact on the economy,' Capital Economics senior Asia economist Gareth Leather said. STORY CONTINUES BELOW THIS AD 'Nevertheless, Indonesia will still feel the impact as the recent decline in commodity prices weighs on export earnings.'
