Latest news with #Rashed
Newsweek
11-05-2025
- Health
- Newsweek
Gen X Man Shares What His Midlife Looks Like: 'Investment'
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. When people think about turning 50, they might associate it with slowing down and taking more time for themselves. But not Mustafa Rashed, who is transforming how people view midlife fitness after investing in his health. Fitness has always been important for Rashed, who has spent years taking care of his body and staying in shape. But the Generation Xer (people born between 1965 and 1980) doesn't plan on slowing down now, as he works out for two to three hours, seven days a week. In fact, 50-year-old Rashed, from Philadelphia, Pennsylvania, thinks his health is even better than when he was half his age, but he told Newsweek that it's still just "a work in progress." He mixes his daily workouts between strength training, cycling, running, yoga, and surfing. And if that wasn't enough, last year he also started ensuring he hits 10,000 steps every day to boost his fitness. Mustafa Rashed, 50, running and surfing as part of his regular fitness regime. Mustafa Rashed, 50, running and surfing as part of his regular fitness regime. @mustafalrashed / Instagram "I'm willing to trade in sleep to fit everything in," Rashed said. "I'm up every day by 4 a.m. and move a little before work while getting ready for my day. I do the hard stuff first and it gives me the energy and confidence to tackle the rest of my day. Early wins create great momentum for the day. "My philosophy is that as you age, you're going to be stiff from movement or stiff from not moving. So, you might as well have the benefit of movement." Fueling his body with nutrition has also become an important element to Rashed's wellbeing. He explained that he limits his sugar intake, opts for food in its "natural form," and tries to eat as many whole foods as possible. "Food is fuel, and I am very conscious of only putting the best fuel in my engine," he said. Of course, staying on top of his health requires plenty of dedication. But Rashed doesn't see himself as motivated, but rather, disciplined. While motivation can come and go, discipline remains with him and it allows him to "lay the foundation" for the lifestyle he wants when he's sixty, seventy, and beyond. If he remains consistent, he sees no reason why he can't maintain this active lifestyle well into his senior years. "I want a full, present, quality life, and to live independently without assistance to be able to physically participate in raising my children and be with my grandchildren. I also want my boys to know that through consistency and discipline, they can accomplish anything they set their minds to," Rashed told Newsweek. As he gets older, Rashed does face additional challenges, such as a longer warm-up routine and recovery period. But he doesn't let that deter him from his goals, as he says that "movement is the investment." Age is just a number after all, and Rashed doesn't see it as a barrier to being in top physical condition. He continued: "It's a way to prove to yourself that anything is possible. The feeling of being able to push your body past its limits will give you the confidence to do amazing things in all the other areas in your life." Rashed often shares videos on Instagram (@mustafalrashed) to showcase his steadfast workout routine and the progress he continues to make. In April, he shared a video of his active lifestyle and highlighted that "aging is inevitable," but that doesn't have to mean being unhealthy. The clip has gone viral with more than 6.3 million views and 352,000 likes on Instagram at the time of writing. The online response to the video is beyond anything Rashed imagined, and he hopes to encourage many other people to invest in their health now for their later years. Whether they're just starting or getting back into a fitness routine, it's never too late. It's not about secret hacks or gimmicks to stay fit—it's just about commitment. Rashed said: "You have to commit to the same boring, effective routines every day. Boring is good and it delivers the best results over time." Social media users have hailed Rashed for his motivational perspective, leading to more than 3,400 comments on the viral Instagram post so far. One comment reads: "True definition of HEALTH IS WEALTH!" Another person said: "Thank you for that reminder!" While another Instagram user wrote: "Exercise: Fountain of Youth." Is there a health issue that's worrying you? Let us know via health@ We can ask experts for advice, and your story could be featured on Newsweek.
CairoScene
18-04-2025
- Entertainment
- CairoScene
ElWa3d': Wegz Revives His 2019 Trap Era
With Rashed on the beat, 'ElWa3d' revives the raw trap energy that first put Wegz on the map. Apr 17, 2025 After dabbling in a range of sonic directions over the past few years, Egyptian rap star Wegz is back with 'ElWa3d', a track that channels the raw energy of his 2019 breakout era. The track, produced by his trusted collaborator Rashed, reintroduces the stripped-back trap production, cutting punchlines, and sharp delivery that once defined the sound of the new Egyptian rap wave. Whether a standalone release or a sign of what's to come, 'ElWa3d' marks a moment of reconnection with a sound that helped define Wegz's rise.
Mid East Info
10-04-2025
- Business
- Mid East Info
Al Ansari Financial Services Completes Acquisition of BFC Group, Becoming the Largest Non-Banking Financial Services Provider in the GCC
Al Ansari Financial Services PJSC ('AAFS' or 'the Group'), one of the leading integrated financial services groups in the UAE and the parent of Al Ansari Exchange, today announces the successful completion of its acquisition of BFC Group Holdings ('BFC'), after receiving all the required regulatory approvals, solidifying its position as the largest non-banking financial institution (NBFI) in the Gulf Cooperation Council (GCC) region in terms of branch network. This transformative USD 200 million transaction expands AAFS's presence across Bahrain, Kuwait and India, increasing the Group's customer base by 29% and branch network by 60%. The integration of BFC enhances AAFS's operational scale and geographic diversification, creating substantial value for shareholders, customers, and employees. Leading the Digital Frontier: AAFS has long been at the forefront of digital innovation in the financial services sector. With its award-winning Al Ansari Exchange app and a full suite of advanced digital solutions, the Group continues to lead the market in delivering seamless, secure, and customer-centric experiences. AAFS has also been actively integrating artificial intelligence across various business functions to enhance efficiency, personalisation, and fraud prevention. The Group now intends to replicate its digital model across BFC Group entities further strengthening AAFS's position as a dominant digital-first player in the NBFI landscape. Strategic Impact and Value Creation: Market Leadership: AAFS is now the largest non-banking financial services provider in the GCC, reinforcing its dominance in remittances and foreign exchange. Geographic Expansion: The acquisition strengthens AAFS's regional footprint, securing a #1 market position in Bahrain, #3 in Kuwait, and access to a wider customer base in India, in addition to its leading position in the UAE remittance and foreign exchange market. Enhanced Digital Capabilities: BFC's fintech expertise and digital solutions complement AAFS's growth strategy and current digital solutions, accelerating customer engagement. Operational Synergies: The integration is expected to benefit from economies of scale generating cost efficiencies, improving profitability and driving revenue growth. Financial Impact: The acquisition is immediately earnings-accretive, with double-digit EBITDA growth. The consolidated financial impact based on 2024 data (subject to any post-acquisition adjustments / integration impact) is as follows: Estimated 20% increase in operating income. EBITDA projected to grow by 13%. Net profit after tax expected to grow by 13%. Stronger cash flow generation, enhancing dividend distribution potential. Rashed A. Al Ansari Group CEO of Al Ansari Financial Services commented: 'Today's acquisition represents a pivotal step for Al Ansari Financial Services, underscoring our dedication to regional growth, innovation and enhancing our financial strength. We are confident that this move will deliver long-term value for our shareholders. Moreover, the anticipated boost in cash flow post-integration reinforces our commitment to providing strong returns for our investors.' Future Outlook: With a strengthened market position and an expanded footprint, AAFS is well-positioned to drive sustainable growth across key markets. The Group remains focused on unlocking new revenue streams, optimising operational efficiencies, and accelerating digital transformation. The acquisition of BFC is expected to unlock further opportunities for strategic partnerships, product innovation, and market penetration across key remittance corridors.
