Latest news with #Fahmy
New Straits Times
12-07-2025
- Sport
- New Straits Times
Malaysia rugby banks on expat stopgap to boost national squad
KUALA LUMPUR: Malaysia Rugby (MR) is hoping to identify suitable expatriate players to represent Malaysia in international competitions via the Agong's Cup (Sept 6-Oct 26). This is because Malaysia is currently lacking options when it comes to naturalised professional players. MR today announced that it will allow states to field up to three expatriate players who have been working in Malaysia for over 60 months in the Agong's Cup this year. All three can be fielded at the same time. This is up from one allowed in last year's competition. Clubs are also allowed to register and play one foreign player who has previously represented Malaysia in international competitions. This is also new for this season. As in previous seasons, MR allows states to register up to four foreign imports (professional players) though only three will be allowed on the pitch at the same time. MR secretary-general Fahmy Jalil said Malaysia's naturalised players (professional players) are mostly past their prime now. A player must reside in a country for over 60 months to qualify for naturalised status. "I think we only have two or three naturalised players who are under the age of 40 at the moment and all of them are based abroad now," said Fahmy today (July 12). "We were quite impressed with Ryan Long's performance during the Asia Rugby Championship (ARC) this year. "He has good size and stamina and is very experienced as he played professional rugby in England with Wasps RFC for a few years before he moved to Malaysia for work. "We are hoping to identify more expatriate players with his level of quality to represent Malaysia. This is why we have expanded the number of expatriate players allowed in the Agong's Cup this season. "This is a short-term solution as we look to develop the next generation of naturalised players for Malaysia." Long, 34, had played for Malaysia during the Bunga Raya squad's ARC promotion-cum-relegation playoff against Sri Lanka in April. Sri Lanka won the match 59-19. Fahmy said MR has met with Fijian embassy officials in Kuala Lumpur to initiate a programme to develop new naturalised players for the Bunga Raya squad. "We are looking at bringing in talented young players from abroad - Fiji, Samoa and possibly Tonga - to come and study and play here until they are eligible to represent the national team," said Fahmy. "So far our discussions with the Fiji embassy as well as the Higher Education Ministry have been positive." The majority of Malaysian clubs and states released their foreign players during the Covid-19 period as no competitions were held here for almost three years. Clubs have also been reluctant to keep foreigners on their books since the discontinuation of the Malaysia Rugby League (MRL), which has not been held since 2019. MR is hoping to revive MRL next season. Fahmy was speaking after the Agong's Cup and National Sevens Championships draws were held in Kuala Lumpur today. Defending champions Police have been drawn in Pool A alongside Kedah, Perlis, Selangor and Kelantan. Johor, who were runners-up last season, have been placed in Pool B together with Kuala Lumpur, Armed Forces, Terengganu and Pahang. The National Sevens, which will be held in Kuala Terengganu on July 25-27, will see men's category defending champions Johor competing in Pool A alongside Negri Sembilan, Malacca, Putrajaya, Police and Terengganu. Selangor, who were runners-up last year, are in Pool B with Kelantan, Sarawak, Pahang, Armed Forces and Perlis. In the women's category, defending champions Selangor will lock horns against Malacca, Perlis, Sarawak, Armed Forces, Johor and Terengganu in a single group, round-robin format.
Yahoo
10-07-2025
- Business
- Yahoo
The bull market is far from over, veteran trader says
Listen and subscribe to Stocks in Translation on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Though economists saw elevated risks of a US recession in recent months, stocks are still powering into their third year of a bull market — and they may not be slowing down anytime soon. Zor Capital portfolio manager Joe Fahmy said on Yahoo Finance's Stocks in Translation podcast that despite the brief period of market volatility, the artificial intelligence boom is likely to keep the bull market going for "another couple of years." "Throughout history, bull markets are fueled by inventions and innovations that revolutionize our lives," Fahmy explained (see video above or listen below). "Whether it's airlines, whether it's television, internet, smartphones, what they all have in common is increasing productivity. So AI is the new innovation that's leading this bull market because it's obviously increasing productivity." This embedded content is not available in your region. Though the market has seen various scares in recent months, between the Trump administration's ever-evolving tariff policies and geopolitical conflicts, Fahmy acknowledged that "the headlines scared a lot of people," but the reactionary dips don't indicate that the US market is weak at the moment. "If you look at the statistics, a lot of institutions are underinvested right now," he said. "That's why when you have the Iran scare ... everyone's like, 'Oh, the market's going to crash.' But beneath the surface, institutions have to get in when things are dropping. So a lot of institutions right now are offside, and I think that's what's keeping this underlying resilience in the markets." During other periods of intense uncertainty, like the early COVID-19 era, there were indications that the market was going to take a serious hit — indicators that Fahmy said aren't present in the current market. Read more: How to protect your money during turmoil, stock market volatility "When things really started to break down in 2020, where we weren't sure if COVID was going to be a big deal ... that's the market's reaction to the news. When it breaks certain technicals where the institutions normally support, and they're like, we're getting out of it, that's when you have to heed the warning," he continued. "But in the case of the recent Middle East crisis, so far the news has been miserable, but the market's resilient. So that's an example of the markets holding support." Fahmy has more than 21 years of trading experience. Coupled with his penchant for studying the market throughout history, this made him adamant that the US market is "still strong." "One thing I've learned from doing this for a while is moves in the market go on way longer than we can expect," he said. "So, in other words, just when you think things can't go higher, they usually do. And just when you have nasty bear market corrections, just when you think they can't go lower, they usually do."Click here for in-depth analysis of the latest stock market news and events moving stock prices
Yahoo
10-07-2025
- Business
- Yahoo
The bull market is far from over, veteran trader says
Listen and subscribe to Stocks in Translation on Apple Podcasts, Spotify, or wherever you find your favorite podcasts. Though economists saw elevated risks of a US recession in recent months, stocks are still powering into their third year of a bull market — and they may not be slowing down anytime soon. Zor Capital portfolio manager Joe Fahmy said on Yahoo Finance's Stocks in Translation podcast that despite the brief period of market volatility, the artificial intelligence boom is likely to keep the bull market going for "another couple of years." "Throughout history, bull markets are fueled by inventions and innovations that revolutionize our lives," Fahmy explained (see video above or listen below). "Whether it's airlines, whether it's television, internet, smartphones, what they all have in common is increasing productivity. So AI is the new innovation that's leading this bull market because it's obviously increasing productivity." This embedded content is not available in your region. Though the market has seen various scares in recent months, between the Trump administration's ever-evolving tariff policies and geopolitical conflicts, Fahmy acknowledged that "the headlines scared a lot of people," but the reactionary dips don't indicate that the US market is weak at the moment. "If you look at the statistics, a lot of institutions are underinvested right now," he said. "That's why when you have the Iran scare ... everyone's like, 'Oh, the market's going to crash.' But beneath the surface, institutions have to get in when things are dropping. So a lot of institutions right now are offside, and I think that's what's keeping this underlying resilience in the markets." During other periods of intense uncertainty, like the early COVID-19 era, there were indications that the market was going to take a serious hit — indicators that Fahmy said aren't present in the current market. Read more: How to protect your money during turmoil, stock market volatility "When things really started to break down in 2020, where we weren't sure if COVID was going to be a big deal ... that's the market's reaction to the news. When it breaks certain technicals where the institutions normally support, and they're like, we're getting out of it, that's when you have to heed the warning," he continued. "But in the case of the recent Middle East crisis, so far the news has been miserable, but the market's resilient. So that's an example of the markets holding support." Fahmy has more than 21 years of trading experience. Coupled with his penchant for studying the market throughout history, this made him adamant that the US market is "still strong." "One thing I've learned from doing this for a while is moves in the market go on way longer than we can expect," he said. "So, in other words, just when you think things can't go higher, they usually do. And just when you have nasty bear market corrections, just when you think they can't go lower, they usually do."Click here for in-depth analysis of the latest stock market news and events moving stock prices
CairoScene
08-07-2025
- Entertainment
- CairoScene
Cue & A: Nour Fahmy - Your Favorite Cairene Raver
A sit down with one of Egypt's most prominent underground house and techno DJs to unpack his decade long career and Cairo's nightlife foibles Jul 08, 2025 Nour Fahmy, the Cairo-based, self-proclaimed professional raver and DJ, is somewhat of an underground icon. Seeing his jovial gait behind the decks, or in fact, in a crowd is almost a sign of insurance - you are at a party worth being at. Over a decade spanning career Fahmy has become a favourite booking amongst several generations of house and techno collectives and promoters - not just because he's likely the person you would most want to party with till the early hours - but for his incredible knack for reading the room, intricately finding the right sounds at the right time to destroy a dance floor. SceneNoise caught up with Fahmy to discuss the art of DJing, his experiences at clubs and festivals across the region, and the challenges Egypt's nightlife faces to thrive.
The Sun
15-06-2025
- Sport
- The Sun
Putrajaya, NS Can Pay Fine or Face Agong Cup Suspension
KUALA LUMPUR: Malaysia Rugby (KRM) have given the Putrajaya and Negeri Sembilan teams the option of either paying a RM10,000 fine or being suspended from participating in the 2025 Agong Cup, following their withdrawal from last year's edition of the tournament. KRM Secretary-General Fahmy Abd Jalil said both teams were initially handed a one-year suspension from the Agong Cup tournament and a RM10,000 fine for the offence. He said the governing body made the decision yesterday after reviewing appeals from both teams for a reduction in penalties. 'Malaysia Rugby's Annual General Meeting (AGM) received the appeals from the Negeri Sembilan and Putrajaya squads,' he told Bernama yesterday. Fahmy said KRM have already sent out invitation letters to the states to participate in the 2025 Agong Cup, which is expected to begin in mid-August.
