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Search resuls for: "souk"


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36 Hours in Marrakesh, Morocco
  + stars: | 2024-02-08 | by ( Seth Sherwood | ) www.nytimes.com   time to read: +4 min
Leave Jemaa el Fna — the huge, chaotic, carnivalesque marketplace seen on every postcard — to the cobra charmers, hustlers and package-tour throngs. In the early 20th century, Thami el Glaoui, the onetime ruler of Marrakesh — known as the bacha in local Arabic — was a legend. The Islamic decorative arts find dazzling expression inside the Medersa Ben Youssef, a centuries-old religious school adorned with some of the finest craftsmanship in Morocco. Follow the buttery scent of leather to a passage called Derb el Hammam in Souk Smata, the leatherworking area of the medina. Sunlight filters through the overhead slats of the stalls, illuminating belts, bags, jackets, ottomans and slippers known as babouches — a favorite Morocco souvenir (prepare to haggle).
Persons: Fna, You’ll, Bab Doukkala, Malak Nafy, It’s niched, Hassan Hajjaj, Andy Warhol, Thami el, , Rue Fatima Zahra, Maison Reine, Naelle, Ben Youssef, el Fna Organizations: Bab, Rue Dar el, of Confluences, Rue Fatima, Franco Locations: Medina, Bab, Rue, Moroccan, Marrakesh, el Bacha, medina, , Algerian, artfully, Morocco, Hammam, Souk Smata
Global silver demand is forecast to reach 1.2 billion ounces in 2024, which would mark the second-highest level on record, the Silver Institute said in a recent report. "We think silver will have a terrific year, especially in terms of demand," Michael DiRienzo, executive director of the Silver Institute told CNBC. He expects silver prices to reach $30 per ounce, which would be a 10-year high, according to data from LSEG. Silver prices, like gold, tend to have an inverse relationship with interest rates. In contrast, gold prices usually rise during times of economic weakness or uncertainty.
Persons: Nicky Loh, Michael DiRienzo, Randy Smallwood Organizations: Silver Bullion, Bloomberg, Getty, Silver Institute, CNBC, Wheaton, Metals, U.S . Federal Reserve, Wheaton Precious Metals, Vw Locations: Singapore, India, U.S
CNN —Closed to tourists until recently, Saudi Arabia is still an unknown quantity for many would-be travelers. Omran is also hopeful visitors will explore destinations across Saudi Arabia. Saudi Tourism Authority“You can’t talk about islands in Saudi Arabia without talking about a new tourist favorite, but a treasured local one, Al Nawras Island,” Saudi professional boxer Ziyad Almaayouf tells CNN. “What I love most about Al Nawras Island, isn’t the island itself, but the waters surrounding it,” he adds. The resort on the Red Sea coast is often promoted as “the Maldives of Saudi Arabia,” offering water sports and cultural experiences.
Persons: Lojain Omran, Omran, , Al Balad, Mai Eldib, Hajj, ” Eldib, Jeddah’s, “ It’s, ” Al, Ziyad Almaayouf, ” Ziyad, Ziyad, , Mishaal Ashemimry, Mishaal, Tamtam, Reem Altamimi, Al Zal, Ba’a, Hatem Alakeel, Authenticite, “ Diriyah, Umluj, ” Tasneem Organizations: CNN, Netflix’s, Saudi Tourism Authority, MISHAAL Aerospace, Abaca, Saudi Locations: Saudi Arabia, Saudi, Netflix’s UAE, Al Balad, Al, Jeddah, Mai, ” Al Nawras, Nawras, Al Nawras, California, , Unaizah, Riyadh, , Souk Al Zal Souk Al Zal, USA Riyadh, Al Zal, Riyadh’s Al Dirah, Los Angeles, Maldives
Shopping at a Souk, Then a ‘Smart City’
  + stars: | 2023-11-23 | by ( David Belcher | ) www.nytimes.com   time to read: +1 min
Doha’s bustling century-old souk and the Msheireb Downtown Doha, a new environmentally friendly development just a 10-minute walk away, are an old-meets-new contrast — and a real reprieve from the sprawling malls that have come to define the colossal boom that has transformed the Persian Gulf region since the 1950s. “You can find everything you need in one trip to the souk, and Msheireb offers a more modern and posh approach to the same idea,” said Maha Al Shebani, who lives in Doha, Qatar’s capital city, and often visits the area. “And now we have the option to do both at the same time.”Souk Waqif, built in the early 20th century as a Bedouin trading post when Doha was little more than a village, was renovated in 2008, but in a way that retained much of its charm, restoring some early buildings and tearing down some modern parts to create a more authentic look. Its grand two-level stone buildings — with exposed timber beams, shuttered windows and glowing Arabian lamps dangling throughout — house dozens of stalls selling color-splashed glass lanterns, spices, clothing, tapestries and souvenirs amid the ever-present fragrance of burning frankincense.
Persons: , Maha Al Shebani Organizations: Downtown, Msheireb Locations: souk, Downtown Doha, Persian, Doha, Qatar’s, Souk
"The earthquake killed people and destroyed villages on which our tourism activity depends," said Abderrahim Bouchbouk, owner of the nine-room guesthouse that was once run by his grandfather. Tourism offered vital extra earnings for many, with few other work opportunities outside tilling the land on smallholdings. "That was a way for many local farmers to make additional revenue," said Bouchbouk, whose Kasbah La Dame guesthouse employs 14 people. Ahmed Bassim, a tourist guide in the Ouirgane area who has been forced to live in a tent for shelter since the earthquake, said the region was in desperate need of reconstruction. The region, one of Morocco's poorest, lies close to Marrakech, a popular tourist destination with luxurious hotels, fancy shopping centres and a historic souk.
Persons: Ahmed Eljechtimi, Abderrahim Bouchbouk, Mohamed Aznag, Tasa Ouirgane, Ahmed Bassim, Zelmat, Edmund Blair Organizations: Dame, Tourism, World Bank, International Monetary Fund Locations: Ahmed Eljechtimi OUIRGANE VALLEY, Morocco, Tasa, Dar Izergane, Marrakech, souk
"The earthquake killed people and destroyed villages on which our tourism activity depends," said Abderrahim Bouchbouk, owner of the nine-room guesthouse that was once run by his grandfather. "That was a way for many local farmers to make additional revenue," said Bouchbouk, whose Kasbah La Dame guesthouse employs 14 people. Ahmed Bassim, a tourist guide in the Ouirgane area who has been forced to live in a tent for shelter since the earthquake, said the region was in desperate need of reconstruction. The region, one of Morocco's poorest, lies close to Marrakech, a popular tourist destination with luxurious hotels, fancy shopping centres and a historic souk. Lahcen Zelmat, head of the Morocco's tourism industry federation, said the long-planned event "would be a chance for Morocco to promote Marrakech destination again after the earthquake."
Persons: Abderrahim Bouchbouk, Mohamed Aznag, Tasa Ouirgane, Ahmed Bassim, Zelmat, Edmund Blair Organizations: Dame, REUTERS, Tourism, World Bank, International Monetary Fund, Thomson Locations: VALLEY, Morocco, Tasa, Dar Izergane, Ouirgane, Marrakech, souk
I think he's more versatile than Messi, who has a wonderful left foot, but Ronaldo is the better footballer and athlete," England fan David Barley told Reuters. Both are playing at their fifth World Cup but neither has yet won the trophy. It's probably Messi, but overall I prefer Ronaldo - I'm a Portugal fan, Sporting is my team, so Ronaldo," American fan Melo Barrows said. "Messi, Messi, absolutely Messi," he said. He's a good player, he scores also, he assists -- what a player, he's the best player of all time."
"It was dangerous," one fan carrying a child aged nearly four, who had exited the holding area, told Reuters. While there was chaos in the holding area, the scene inside the park seemed pleasant, with Brazilian fans Andrea Nascimento and Raphael de Jesus appreciating the atmosphere. "This is my third World Cup after 2014 and 2018, and so far everything has been very well organised." Fans gathered below the TV studios, craning their necks to try to get a view of the action on the big screens through the windows. A group of fans sat inside a Majlis, an air-conditioned sitting room, with their eyes glued to a television screen.
Gold heads for weekly loss on hawkish Fed stance
  + stars: | 2022-11-04 | by ( ) www.cnbc.com   time to read: +1 min
A selection of gold jewellery displayed in the window of a store in the Dubai Gold Souk in Deira, in the United Arab Emirates. Gold prices were little changed on Friday, but the metal was headed for a second straight weekly drop as a stronger dollar and U.S. Federal Reserve 's hawkish policy stance clouded outlook for the non-yielding bullion. Spot gold rose 0.1% at $1,631.33 per ounce, as of 0043 GMT, but it was down 0.6% for the week so far. On Wednesday, the Fed raised interest rates by 75 basis points and Chair Jerome Powell vowed to "keep at" their battle to beat down inflation. Gold is considered an inflation hedge, but rising interest rates dent the non-yielding asset's appeal.
Gold edges higher ahead of key Fed rate verdict
  + stars: | 2022-11-02 | by ( ) www.cnbc.com   time to read: +1 min
A selection of gold jewellery displayed in the window of a store in the Dubai Gold Souk in Deira, in the United Arab Emirates. Gold prices ticked higher on Wednesday, supported by a pullback in the dollar, although investors were focused on the U.S. Federal Reserve outlook on future pace of interest rate hikes as the central bank's policy meeting concludes later in the day. Spot gold was up 0.2% at $1,650.13 per ounce, as of 0100 GMT, while U.S. gold futures also gained 0.2% to $1,652.10. U.S. job openings unexpectedly rose in September, suggesting demand for labor remained strong, providing evidence that rapid interest rate hikes have yet to bite hard in the real economy. Investors widely expect the Fed will raise its benchmark overnight interest rate by 75 basis points, the fourth such increase in a row.
Gold steady as investors brace for Fed policy meeting
  + stars: | 2022-10-31 | by ( ) www.cnbc.com   time to read: +1 min
A selection of gold jewellery displayed in the window of a store in the Dubai Gold Souk in Deira, in the United Arab Emirates. Gold prices were flat on Monday, after declining about 1.3% in the previous session, as investors cautiously awaited the U.S. Federal Reserve' s policy meeting for cues on its rate-hike path. Spot gold was little changed at $1,642.59 per ounce by 0046 GMT, while U.S. gold futures were up 0.1% at $1,645.90. The European Central Bank (ECB) could hike its interest rates by 75 basis points again at its next policy meeting in December, ECB governing council member Klaas Knot said on Sunday. Spot silver fell 0.3% to $19.17 per ounce, platinum eased 0.2% to $942.60 and palladium rose 0.7% to $1,914.06.
В американском городе Толедо, штат Огайо, мужчина после обеда в ресторане оставил 5600 долларов чаевых, чтобы весь персонал смог разделить их между собой. Отмечается, что каждый из 28 сотрудников ресторана Souk Mediterranean Kitchen получил 200 долларов. Затем внезапно приходит этот джентльмен и дает нам чаевые в размере 5600 долларов для всех наших сотрудников», — сообщил владелец и шеф-повар заведения Мусса Саллух. Ранее также в Огайо, в городе Кливленд, один из посетителей ресторана узнал о вынужденном закрытии заведения в связи с пандемией. Мужчина пришел в ресторан, заказал пиво за семь долларов и оставил 3000 долларов чаевых.
Persons: Мусса Саллух, Саллух Organizations: CNN Locations: Толедо, Огайо, Кливленд
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