Latest news with #Khater


Leaders
09-03-2025
- General
- Leaders
Ramadan in Saudi Arabia: Fusion of Cultures and Spirituality
During Ramadan, Arab and Muslim communities in Saudi Arabia immerse themselves in a unique spiritual ambiance, blending their native traditions with local Saudi customs. The holy month is marked by daily acts of worship, such as Quran recitation and taraweeh prayers, as well as communal iftar meals and the preparation of traditional Ramadan dishes. Dr. Suliman Yousuf Khater, a Sudanese associate professor at Qassim University, shared his insights with the Saudi Press Agency, describing Ramadan in the Kingdom as a deeply spiritual experience. He emphasized the ease of observing Ramadan in Saudi Arabia, where essential needs are readily met. Dr. Khater also noted the vibrant social life during the month, characterized by family gatherings and shared meals. 'After 14 years in Qassim, I've found that many Ramadan traditions here closely resemble those in Sudan,' he remarked. Similarly, Mohamed Houcine Dhaou, a Tunisian professor at Qassim University, reflected on the spiritual essence of Ramadan, highlighting its role in inspiring repentance and renewed faith. Having lived in the Kingdom for a decade, he spoke of the profound spiritual connection he feels, particularly during visits to Makkah and Madinah. He described the 'unique charm' of Ramadan's daily life, with streets adorned in festive decorations and communities coming together for iftar and suhoor gatherings. This harmonious blend of cultural traditions and spiritual practices makes Ramadan in Saudi Arabia a truly enriching experience for Muslims from diverse backgrounds. Related Topics : 'Tawakkalna' App Elevates Ramadan Worship with Comprehensive Services KSrelief Launches Ramadan 'Etaam' Food Basket Initiative in Tajikistan Fam Foods, Kobe Beef Association Partner to Bring Halal-Certified Beef to Saudi Arabia World Without Hunger: Saudi Arabia's Efforts to Enhance Food Security Short link : Post Views: 78
Yahoo
07-03-2025
- Business
- Yahoo
Mortgage rates fall again with largest weekly decline since mid-September
Mortgage rates fell for a seventh consecutive week to the lowest level since December, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage decreased to 6.63% from last week's reading of 6.76%. The average rate on a 30-year loan was 6.88% a year ago. The 30-year loan saw the largest weekly decline since mid-September, said Sam Khater, Freddie Mac's chief economist. Mortgage Rates Fall To Lowest Level In Over 2 Months "The decline in rates increases prospective homebuyers' purchasing power and should provide a strong incentive to make a move," Khater said. "Additionally, this decline in rates is already providing some existing homeowners the opportunity to refinance. In fact, the refinance share of market mortgage applications released this week reached nearly 44%, the highest since mid-December." Us Pending Home Sales Fall To Record Low In January Read On The Fox Business App The average rate on the 15-year fixed mortgage fell to 5.79% from 5.94% last week. One year ago, the rate on the 15-year fixed note averaged 6.22%.Original article source: Mortgage rates fall again with largest weekly decline since mid-September Sign in to access your portfolio