💻 Meta Ends Blanket Ban on "Shaheed"

Marhaba folks! 🌞In today's edition, we discuss Meta lifting the ban on "Shaheed," Adidas debuting an Islamic football Qamis, and a Saudi Minister's warning on Aramco shares. Yalla, let’s go 🏃🏻‍♀️

💻 Meta Agrees to End Blanket Ban on "Shaheed" After Oversight Board Recommendations

What is it about:

• Meta has announced changes to its moderation policy.

• Changes follow recommendations from the Oversight Board.

• The policy change includes ending the blanket ban on the Arabic word "shaheed."

• The previous policy led to extensive censorship on Meta's platforms.

Why does it matter:

• "Shaheed," often translated as "martyr," was frequently removed under Meta's Dangerous Organizations and Individuals (DOI) policy.

• The term has multiple meanings, many of which do not glorify violence.

• The Oversight Board called for a nuanced approach to the term.

• Board Member Paolo Carozza praised Meta's commitment to balancing freedom of expression and safety.

• The change is particularly important for Arabic-speaking and Muslim communities affected by previous policies.

What is next:

• Meta will fully implement five of the Board’s seven recommendations.

• Meta will partially implement the other two recommendations.

• The Oversight Board will monitor Meta's progress.

📈 Markets

🏟️Adidas Introduces Innovative Islamic Football Qamis

What is it about:

• Émile-Samory Fofana, a Parisian artist and designer, has partnered with Adidas.

• Together, they have created a special "functional football qamis," marking Fofana's first collaboration with the brand.

• The qamis is all-white with gold Adidas details, designed for comfort on the football field and during prayer.

• The development of the qamis took a year.

Why does it matter:

• Fofana previously gained attention for his custom football qamis, redesigning kits from clubs like Chelsea and PSG to resemble Islamic attire.

• He is known for celebrating the connection between West African culture and European football.

• This collaboration with Adidas marks a significant milestone in Fofana's career.

What is next:

• It's unclear whether the Adidas Football qamis will be widely available.

• The first release will be for friends and family.

Quote of the day

“Success is not final; failure is not fatal: it is the courage to continue that counts.” – Winston Churchill

📈"Those Who Miss Out on Aramco Shares Will Regret It," Says Saudi Minister as Kingdom Unearths Oil & Gas Riches

What is it about:

• Saudi Arabia's energy sector has received a major boost.

• Prince Abdulaziz bin Salman, the Saudi Minister of Energy, made a bold statement about investing in Saudi Aramco shares.

Why does it matter:

• The Minister declared, "Those Who Miss Out on Aramco Shares Will Regret It," emphasizing his confidence in the company's prospects.

• This statement underscores the potential benefits of investing in Saudi Aramco, the national oil giant.

• Saudi Aramco's recent discoveries include two unconventional oil fields, a high-quality Arabian Light crude reservoir, two natural gas fields, and two additional natural gas reservoirs.

What is next:

• Investors are encouraged to consider the potential of Saudi Aramco shares.

• Continued exploration and development by Saudi Aramco could further enhance the company's value and the Kingdom's energy sector.

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