First edition

Today’s Menu

• 📈 Steady as she goes

• 👨🏻‍💻 Apple first company to be worth $3 Trillion

• 💼 Saudi Arabia’s rising restaurant scene

• 🚨 France riots after teenager’s killing

• 🤖 Using ChatGPT to get business ideas

• ⛓️ Gain Twitter followers using the Reply-Guy technique

• ☪️ The link between the Islamic Golden Age and the Abbasids

• 🦠 Don’t share accounts & passwords

• 🟩 Quranle 245

MARKET

Steady as she goes

⬇️      Gold        $1,927    -0.1%
⬇️      Oil         $70.45    -0.3%
⬇️      Bitcoin     $30,510   -0.1%
⬆️      FTSE 100    $7,531    +0.8%
⬆️      S&P 500     $4,450    +1.2%

TECH

Apple first company to be worth $3 Trillion

Apple Inc. achieved a significant milestone by closing the June quarter with a market valuation exceeding $3 trillion for the first time.

The journey from crossing the $2 trillion threshold to reaching $3 trillion took Apple 719 trading days, showcasing its remarkable growth. Analysts from Citi Research and Wedbush expressed confidence in Apple’s future potential. Wedbush analyst Daniel Ives predicted that as Apple approaches $100 billion in annual services revenue by fiscal 2024, its stock could command a higher valuation, potentially reaching $3.5 trillion by fiscal 2025 or even a bull case of $4 trillion.

Apple’s achievement of a $3 trillion market valuation demonstrates its exceptional success in the technology industry and serves as a significant milestone for investors.

Is this stock halal? Apple has continued to be one of the best long-term stocks 👀

BUSINESS

Saudi Arabia’s rising restaurant scene: Savory delights and memorable experiences

The restaurant market in Saudi Arabia is poised for remarkable growth, with projections indicating it could reach a value of $600 billion by 2027. This thriving industry is driven by various factors, including Saudi Arabia's young population and their increasing demand for innovative dining experiences. With a median age of 21 and a projected population of 50-60 million by 2030, the country's demographics provide a fertile ground for the restaurant market to flourish. Additionally, rising household incomes have resulted in higher disposable income and greater spending on eating out.

The Saudi Arabian government plays a crucial role in fostering the expansion of the restaurant market by investing in tourism and hospitality. Their efforts create promising opportunities for restaurants to thrive, and they actively promote the food service industry as an attractive investment sector. The market is highly competitive, but it also offers significant profitability and ample prospects for both local and international investors. With the projected number of restaurants reaching 80,000 by 2025, the market is poised for continued growth.

Furthermore, the healthy food market in Saudi Arabia is witnessing rapid growth, with a projected value of $27 billion by 2025. Factors such as increasing awareness of healthy eating habits, rising disposable income, and government initiatives promoting a healthier lifestyle contribute to this expansion. However, there is still untapped potential in meeting the rising demand for diverse and nutritious healthy food options, presenting further opportunities for development in the market.

In summary, the restaurant market in Saudi Arabia is experiencing significant growth, fueled by a young population, increasing household incomes, and government support. The market presents attractive prospects for investors, with the projected number of restaurants set to increase and a substantial contribution to the country's GDP expected. Additionally, the healthy food market is on the rise, offering opportunities for the development of nutritious and diverse dining options.

TRENDING

France riots after teenager’s killing

France experienced a fifth night of unrest as young rioters clashed with police and targeted the home of a mayor with a burning car. The violence, sparked by the police killing of a teenager of North African descent, showed signs of lessening compared to previous nights. By early Sunday, over 700 arrests had been made nationwide as part of a large-scale security deployment to contain the country's worst social upheaval in years.

Despite the relatively calmer night, tensions persisted in central Paris, Marseille, Nice, and Strasbourg, with sporadic clashes taking place. The city of Marseille witnessed the most intense confrontations, with police firing tear gas and engaging in street battles with youths. In response to the ongoing unrest, bans on demonstrations, evening public transport shutdowns, and curfews were imposed by local authorities across France.

The rioting, which has resulted in the torching of thousands of vehicles and significant damage to shops and establishments, stems from long-standing grievances over police violence and racism in poor and racially mixed urban communities. The shooting of the 17-year-old teenager during a traffic stop has amplified these concerns and led to renewed protests. Despite the government's denial of systemic racism in law enforcement, many individuals, particularly from minority backgrounds, have expressed their experiences of discriminatory treatment by the police.

AI

Using ChatGPT to generate free business ideas

Type this in ChatGPT:

Prompt:

Give me 5 business ideas I can do from home in the Islamic / Muslim niche

Response:

Certainly! Here are five business ideas that you can do from home in the Islamic/Muslim niche:

1. Online Islamic Courses: Develop and offer online courses on various Islamic subjects, such as Quranic studies, Hadith, Islamic history, or Islamic jurisprudence. You can create video lectures, worksheets, and quizzes, and provide them through a dedicated website or platform.

2. Islamic Bookstore: Set up an online bookstore specializing in Islamic literature, including books on Quranic studies, Islamic spirituality, Islamic finance, and Muslim lifestyle. You can source books from publishers and authors, and offer them for sale through an e-commerce website.

3. Halal Food Delivery Service: Start a halal food delivery service that caters to Muslim communities in your area. Offer a range of halal meals and snacks and deliver them to customers' homes. You can also include options for special dietary requirements, such as gluten-free or vegan halal food.

4. Islamic Clothing and Accessories: Launch an online store that sells Islamic clothing and accessories, including modest clothing for men and women, hijabs, prayer rugs, and Islamic-themed jewelry. You can source products from local manufacturers or collaborate with independent designers.

5. Islamic Home Decor: Create and sell Islamic-themed home decor items, such as wall art with Quranic verses, Islamic calligraphy, and decorative pieces featuring Islamic geometric patterns. You can sell these products through an online store or marketplaces dedicated to handmade goods.

Remember to conduct market research to identify your target audience, establish a strong online presence, and leverage social media platforms to reach and engage with potential customers.

BREAKING FREE

Gain Twitter followers using the Reply-Guy technique

This is a simple one but requires you to be fast!

1. Monitor 5-10 big accounts in your niche industry

2. As soon as they post something, add a comment of value only. Try to be the first comment

3. Then add another comment saying something like “btw I’m going to posting this [related stuff] soon. Follow me to get it”

Being one of the first comments in a high traffic account will mean you’ll be seen by a large number of users.

CYBER SECURITY

Don’t share passwords and turn on 2FA

With the rise of AI and the ever increasing digital world, we are now more likely to be hacked as individuals. Don’t give them an easy job. Make it harder for them by turning on two-factor authentication for your accounts.

And don’t share accounts and passwords!

Sharing one email address between owners in a small business is a common practise that needs to end. Similar thing applies to any other accounts.

ISLAM

The link between the Islamic Golden Age and the Abbasids

The Islamic Golden Age, spanning from the 8th to the 13th centuries, coincided with the rise of the Abbasid Caliphate. The Abbasids drew inspiration from the Quran's teachings, recognizing the sanctity of knowledge by proclaiming that "the ink of the scholar is more holy than the blood of the martyr."

This era witnessed the Arab world emerging as a prominent hub of intellectual activity, fostering advancements in diverse fields including science, astronomy, chemistry, physics, mathematics, philosophy, medicine, and education.

We really need an era like this again. 🤲🏻

QURANLE 245

Surah Al-Inshiqaq 84:25

إِلَّا ٱلَّذِينَ ءَامَنُوا۟ وَعَمِلُوا۟ ٱلصَّـٰلِحَـٰتِ لَهُمْ أَجْرٌ غَيْرُ مَمْنُونٍۭ

But those who believe and do good will have a never-ending reward.
— Dr. Mustafa Khattab, the Clear Quran