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Trade and Other Receivables (Tables)
12 Months Ended
Dec. 31, 2021
Disclosure of Trade and Other Receivables [Abstract]  
Schedule of trade and other receivables
   2021  2020 
   USD  USD 
        
Trade receivables   4,488,090   3,711,752 
Prepayments   221,099   169,963 
Advances paid for content and service providers   566,501   1,155,978 
Other receivables   752,629   450,964 
Other financial assets (1)   433,660   161,525 
Allowance for estimated credit losses   (235,164)  
-
 
    6,226,815   5,650,182 
Allowance for foreign currency losses (2)   (821,268)  (825,993)
    5,405,547   4,824,189 

 

(1)As at December 31, 2021, the Group reclassified its bank balances in Lebanese Pounds equivalent of USD 433,660 to other financial assets due to significant devaluation of Lebanese Pounds against US Dollar caused by the ongoing political and economic situation in Lebanon.

 

(2)Allowances for foreign currency losses represent translated differences between official and Sayrafa rate on trade receivables and bank balances in Lebanese Pounds as discussed in note (1) above

 

Schedule of ageing analysis of trade receivables
       Neither past   Past due but not impaired 
      due nor   30 – 60   60 – 90   90 – 120     
   Total   impaired   days   days   days   >120 days 
   USD   USD   USD   USD   USD   USD 
                         
2021   4,252,926    3,863,994    113,814    200,443    61,219    13,456 
                               
2020   3,711,752    2,576,209    321,097    331,115    230,823    252,508