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Cash and Bank Balances (Tables)
6 Months Ended
Jun. 30, 2024
Cash and Bank Balances [Abstract]  
Schedule of Cash and Cash Equivalents Cash and cash equivalents reflected in the condensed interim consolidated statement of cash flows comprise the following statement of financial position amounts:
   (Unaudited)   (Audited)   (Unaudited) 
   June 30,
2024
   December 31,
2023
   June 30,
2023
 
   USD   USD   USD 
             
Cash on hand   84,431    6,202,248    136,522 
Bank balances   6,731,426    36,832    1,133,132 
Short term deposits (1)   20,077,853    
-
    
-
 
    26,893,710    6,239,080    1,269,654 
Less: bank overdrafts (2)   (13,087)   (7,395)   (5,231)
Cash and cash equivalents   26,880,623    6,231,685    1,264,423 
(1)Short term deposits consist of fixed-term deposits with a 14 days maturity period with an interest rate of 5% per annum.
(2)Bank overdrafts carry an interest rate between 7% - 10%.