Latest news with #Sector
Qatar Tribune
4 days ago
- Business
- Qatar Tribune
Qatar Tourism issues final call to apply for 3rd Qatar Tourism Awards
Doha Qatar Tourism has issued the final call to professionals working in the tourism and hospitality sectors in Qatar to apply for the third edition of the Qatar Tourism Awards before August 7. In a recorded video message, Chief of the Tourism Development Sector at Qatar Tourism Omar Abdulrahman Al Jaber noted that for the third consecutive year, Qatar Tourism is launching the Qatar Tourism Awards in collaboration with the World Tourism Organization (UN Tourism), with the aim of honoring individuals and entities in the tourism and hospitality sectors in Qatar in recognition of their outstanding contributions to raising standards of excellence and quality in this vital industry. "We are now approaching the registration deadline for the third edition, which has attracted more interest than expected. I encourage all tourism and hospitality professionals, both individuals and entities, to seize the final opportunity and register before August 7,' Al Jaber added. This year's edition of the awards includes 37 subcategories divided across 7 main categories, which are: Service Excellence, Culinary Experiences, Iconic Attractions, Major Events, Digital Footprint, Smart and Sustainable Tourism, and Community Leaders. The awards ceremony to announce the winners will be held in late November.
See - Sada Elbalad
02-08-2025
- Entertainment
- See - Sada Elbalad
Rare Funerary Stele Handed Over to Al-Imam Al-Shafi'i Antiquities Zone by Archaeologist Tamer El-Menshawy
Ali abo deshish On the morning of July 24, 2025, Egyptian archaeologist Tamer El-Menshawy announced the handover of a rare funerary stele to the Al-Imam Al-Shafi'i Antiquities Zone. The artifact was delivered within the vicinity of the Mosque of Imam Al-Layth Ibn Sa'd, in preparation for its future display at the Al-Imam Al-Shafi'i Visitor Center. El-Menshawy stated that the stele was uncovered during construction work for the new Salah Salem Corridor near the Qubbat Al-Munoufi and the Imam Al-Shafi'i necropolis. He emphasized the significance of this artifact as a rare example of Egypt's funerary heritage. He extended his gratitude to Dr. Rania El-Shiouy, Director of the Al-Imam Al-Shafi'i Antiquities Zone, for her dedicated efforts in safeguarding both local and international heritage. El-Menshawy noted that preserving such artifacts echoes the practices of ancient Egyptians, who chose Anubis as the guardian of tombs — a symbolic reminder of the importance of protecting each piece of the nation's historical legacy. Additionally, the official page of the Al-Imam Al-Shafi'i Antiquities Zone confirmed the receipt of a fragment of the stele — possibly inscribed in Turkish or Persian — in collaboration with civil society. The piece, which had not been previously registered, was handed over by Mr. Tamer El-Menshawy and is now preserved at the zone. It will be reviewed by the relevant committees in the Islamic and Coptic Antiquities Sector for study and potential registration. The department expressed its appreciation for his contribution and affirmed its ongoing commitment to safeguarding Egypt's priceless heritage. read more New Tourism Route To Launch in Old Cairo Ahmed El Sakka-Led Play 'Sayidati Al Jamila' to Be Staged in KSA on Dec. 6 Mandy Moore Joins Season 2 of "Dr. Death" Anthology Series Don't Miss These Movies at 44th Cairo Int'l Film Festival Today Amr Diab to Headline KSA's MDLBEAST Soundstorm 2022 Festival Arts & Culture Mai Omar Stuns in Latest Instagram Photos Arts & Culture "The Flash" to End with Season 9 Arts & Culture Ministry of Culture Organizes four day Children's Film Festival Arts & Culture Canadian PM wishes Muslims Eid-al-Adha News Israeli-Linked Hadassah Clinic in Moscow Treats Wounded Iranian IRGC Fighters Arts & Culture "Jurassic World Rebirth" Gets Streaming Date News China Launches Largest Ever Aircraft Carrier News Ayat Khaddoura's Final Video Captures Bombardment of Beit Lahia Business Egyptian Pound Undervalued by 30%, Says Goldman Sachs Videos & Features Tragedy Overshadows MC Alger Championship Celebration: One Fan Dead, 11 Injured After Stadium Fall Lifestyle Get to Know 2025 Eid Al Adha Prayer Times in Egypt Arts & Culture South Korean Actress Kang Seo-ha Dies at 31 after Cancer Battle Arts & Culture Lebanese Media: Fayrouz Collapses after Death of Ziad Rahbani Sports Get to Know 2025 WWE Evolution Results
Economic Times
30-07-2025
- Automotive
- Economic Times
Mahindra & Mahindra posts 24% rise in net profit as market share expands in auto and farm segments
Mahindra & Mahindra Ltd (M&M) posted a 24% year-on-year rise in consolidated net profit to ₹4,083 crore for the quarter ended June buoyed by robust operational performance of its farm and automotive verticals. ADVERTISEMENT Consolidated revenue expanded 22% to ₹45,529 crore, reflecting broad-based growth across core and group companies. The company's auto segment continued to gain momentum, with SUV volumes rising 22% and revenue market share touching 27.3%, up 5.7 percentage points year-on-year. It also retained its leadership in the light commercial vehicle (LCV) segment under 3.5 tonnes. In the farm equipment space, M&M expanded its tractor market share to 45.2%—the highest ever for a quarter—on the back of a 10% growth in sales volume."This was a strong quarter for cash generation. Despite infusing close to Rs2,500 crores into two subsidiaries via rights issues, our cash balance grew quarter-over-quarter,' Anish Shah, group CEO and managing director said in a quarterly earnings call with Q1FY26, the standalone entity contributed 74.5% to consolidated net sales and 84.5% to consolidated net profit, up by 2.1 and 4.9 percentage points respectively, underlying a stronger relative performance by the standalone business compared to the overall group ADVERTISEMENT "Our auto and farm businesses are firing on all cylinders," said Rajesh Jejurikar, Executive Director & CEO – Auto and Farm Sector. "We've seen significant market share gains in SUVs and tractors while continuing to deliver strong growth across categories."He said that the core tractor business for both domestic and exports, excluding farm machinery and power, achieved a PBIT margin of 20%. ADVERTISEMENT Beyond its core verticals, M&M's subsidiaries also contributed meaningfully. Mahindra Finance grew its assets under management by 15%, while Tech Mahindra reported an improvement in operating performance. Mahindra Lifespaces, Club Mahindra, and Mahindra Logistics also registered healthy traction, reinforcing the company's diversified growth sustained leadership in key product segments, new launches in the pipeline, and a focus on operational discipline, M&M remains well-positioned to build on its momentum through the rest of FY26, the company said. ADVERTISEMENT "Rural sentiment is stronger, particularly in the tractor business, while urban sentiment remains weak. However, fundamentals are solid, and with anticipated rate cuts and improved liquidity, we expect urban sentiment to recover,' said Shah. Jejurikar said M&M plans new establishments in markets like Australia and South Africa and has a strong sales optimism for the festive season. "The auto launch pipeline remains strong, with new variants and models planned for FY26 and FY27,' he said. (You can now subscribe to our ETMarkets WhatsApp channel)
Campaign ME
30-07-2025
- Business
- Campaign ME
UAE Media Council launches Advertiser Permit for social media content creators
The UAE Media Council has launched an official Advertiser Permit required for individuals who publish promotional content on social media platforms, whether their content is paid or unpaid. The Advertiser Permit seeks to enhance the quality of content, increase the sector's attractiveness for investment, and attract skilled professionals and creative talents in content creation. The application process for the advertiser permit is now live on the UAE Media Council's official page. The permit also aims to safeguard the rights of both members of the society and content creators by introducing clear mechanisms for regulating advertising activity, thereby reinforcing the principles of transparency and professionalism, and cementing the UAE's position as a leading hub for advertising content production. Timelines for compliance with the Advertiser Permit regulations Her Excellency Maitha Majed Al Suwaidi, CEO of Strategy and Media Policy Sector at the UAE Media Council, shared that the permit will come into effect in three months. This will give social media content creators sufficient time to align their status and obtain the necessary approvals to ensure compliance with the new regulations. The permit will be mandatory for all individuals working in the digital advertising space. HE Al Suwaidi added that the permit will be granted free of charge for the first three years, and that existing valid permits will remain effective until expiry, with renewal applications available thereafter. She called on companies and institutions to engage only with individuals licensed by the Council, in line with professional standards and to ensure the quality of advertising content and protect public interest. Obligations of those acquiring the permit Pursuant to the decision, the account holder is required not to violate media content standards. The permit number must be clearly displayed on social media accounts and platforms. No advertisement may be published except through an account registered with the Council and linked to the permit granted to the permit holder. The account holder must not allow any other person or party to advertise through the account registered with the Council. Approval must be obtained from the relevant authorities prior to publishing the advertisement, whenever the relevant legislation requires such approval. Exemptions for the Advertiser Permit The UAE Media Council also shared that certain exemptions to the advertiser permit. This includes: Individual who promotes a product or service of their own or a company they own through their personal account, Individuals under the age of 18 who engage in educational, athletic, cultural, or awareness activities, provided that the activity aligns with the age classification prescribed under the relevant legislation. Visitor Advertiser Permit The new framework requires visiting content creators to apply for a Visitor Advertiser Permit. The applicant must be registered as a Visitor Advertiser through a licensed advertising or talent management agency authorised to operate in the UAE and approved by the Council. The Visitor Advertiser Permit will be valid for three months, renewable once for an additional three months. HE Al Suwaidi also confirmed that Visitor Advertiser Permits will be activated in parallel with the full implementation in three months, with the official list of approved advertising and talent agencies to be announced at a later stage. A transformational milestone His Excellency Mohammed Saeed Al Shehhi, Secretary-General of the UAE Media Council, stated that the launch of the Advertiser Permit marks a pivotal step in evolving the regulatory ecosystem for advertising activities across digital platforms. It reflects the Council's vision of building an integrated media model that aligns with digital advancements and strengthens media governance by establishing clear standards that protect public rights and define responsible, professional relationships between content creators, advertisers and audiences. He noted that the permit contributes to building a media environment rooted in transparency and credibility, by outlining clear guidelines for advertising practices that bolster user trust and align with the ongoing shifts in the digital media space. HE Al Shehhi emphasised that the UAE has successfully positioned itself as a global platform for content creators, leveraging a flexible legislative framework, advanced infrastructure, and a regulatory environment that fosters innovation and competitiveness — making the country a top destination for creatives and digital professionals from around the world. HE Al Shehhi said, 'We are committed to supporting the content economy as a vital component of the future economy and a key driver of growth in the digital era. We believe creative talent is the cornerstone of this rapidly growing sector, both locally and globally.' He added, 'That's why we are focused on updating legislation and launching strategic initiatives that foster an enabling environment for individuals and companies, while strengthening the sector's contribution to the national economy in alignment with the UAE's future vision and ambitions.'
Yahoo
19-07-2025
- Business
- Yahoo
Kroger (KR) Declines More Than Market: Some Information for Investors
Kroger (KR) ended the recent trading session at $71.39, demonstrating a -1.15% change from the preceding day's closing price. This change lagged the S&P 500's 0.01% loss on the day. Meanwhile, the Dow lost 0.32%, and the Nasdaq, a tech-heavy index, added 0.05%. Prior to today's trading, shares of the supermarket chain had gained 10.23% outpaced the Retail-Wholesale sector's gain of 3.27% and the S&P 500's gain of 5.37%. The investment community will be closely monitoring the performance of Kroger in its forthcoming earnings report. The company is predicted to post an EPS of $0.99, indicating a 6.45% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $34.07 billion, up 0.47% from the year-ago period. KR's full-year Zacks Consensus Estimates are calling for earnings of $4.76 per share and revenue of $148.7 billion. These results would represent year-over-year changes of +6.49% and +1.07%, respectively. It is also important to note the recent changes to analyst estimates for Kroger. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook. Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.37% upward. Currently, Kroger is carrying a Zacks Rank of #3 (Hold). Valuation is also important, so investors should note that Kroger has a Forward P/E ratio of 15.17 right now. This expresses a discount compared to the average Forward P/E of 15.32 of its industry. We can additionally observe that KR currently boasts a PEG ratio of 2.3. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the Retail - Supermarkets industry stood at 1.87 at the close of the market yesterday. The Retail - Supermarkets industry is part of the Retail-Wholesale sector. Currently, this industry holds a Zacks Industry Rank of 70, positioning it in the top 29% of all 250+ industries. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to use to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report The Kroger Co. (KR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
