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Soaring Oil Prices Burn the Pockets of the Palestinian Citizen "The Poor"

Soaring Oil Prices Burn the Pockets of the Palestinian Citizen "The Poor"

Exclusive to SadaNews: Due to the intensifying geopolitical risks stemming from the American-Israeli war on Iran, global market fears of a shortage in oil and energy supplies have surged, witnessing significant increases in oil prices, with the price per barrel nearing the $120 mark, amid warnings o...
Millions of Dollars in Losses.. "SadaNews" Reveals Shocking Figures for Traders from Palestine in the Forex Market

Millions of Dollars in Losses.. "SadaNews" Reveals Shocking Figures for Traders from Pales...

Exclusive to SadaNews: Sources familiar with the matter confirmed to "SadaNews" that the Palestinian market has lost millions of dollars in recent times due to investments in the Forex market. The sources stated that the rush of some citizens towards seeking quick profits amidst the dif...
The Problem of Shekel Overcrowding Worsens.. Fuel Station Owners Threatened with Closure or Efforts to Break the Cash Limitation Law?

The Problem of Shekel Overcrowding Worsens.. Fuel Station Owners Threatened with Closure o...

Exclusive SadaNews: Repeatedly, "Halimah has returned to her old ways" as owners of fuel and gas stations announce once again the possibility of their closure, claiming that banks refuse to accept the money from fuel sales. This statement comes a few days after the Monetary Authority an...
The Palestinian Economy at a Crossroads: 4 Files Awaiting Resolution

The Palestinian Economy at a Crossroads: 4 Files Awaiting Resolution

Exclusive SadaNews: Two years of genocide have placed the Palestinian economy in its biggest predicament since the establishment of the Palestinian National Authority in 1994, as the Central Bureau of Statistics indicates that the Gross Domestic Product (GDP) in Palestine has decreased by 29% (18% i...
National Economy: Referral of 6 Violators to Prosecution and Seizure of 76 Tons of Violative Materials Last June

National Economy: Referral of 6 Violators to Prosecution and Seizure of 76 Tons of Violati...

SadaNews - The Ministry of National Economy referred 6 violators to the Public Prosecution for combating economic crimes during the month of June, to complete legal procedures against them, as part of its ongoing efforts to enforce the law, protect consumers, and ensure the safety of goods traded in...
The IMF Forecasts a Contraction in the Middle Eastern Economy This Year and a Faster Recovery in 2027

The IMF Forecasts a Contraction in the Middle Eastern Economy This Year and a Faster Recov...

SadaNews - The International Monetary Fund (IMF) has predicted that the economies of the Middle East and North Africa will record their second worst annual performance this year since the beginning of this century, before achieving strong growth in 2027 with the recovery of oil exports and the retur...
Israel's Foreign Currency Reserves Rise to $238.7 Billion

Israel's Foreign Currency Reserves Rise to $238.7 Billion

SadaNews - The Bank of Israel announced today, Wednesday, that its foreign currency reserves reached approximately $238.699 billion by the end of June 2026, an increase of $18 million compared to the end of May, with the reserve level representing 37.2% of the GDP. According to a statement issued b...
6000 Sailors Still Stranded in the Gulf

6000 Sailors Still Stranded in the Gulf

SadaNews - The International Maritime Organization, a UN agency, estimated today, Wednesday, that around 6000 sailors are still stranded in the Gulf, in a statement condemning the renewed confrontations in the region and the Strait of Hormuz. The Secretary-General of the organization, Arsenio Domin...
Floating Iranian Oil Faces Uncertain Fate After U.S. Exemption Cancellation

Floating Iranian Oil Faces Uncertain Fate After U.S. Exemption Cancellation

SadaNews - Millions of barrels of Iranian oil loaded on tankers are left in a state of suspense after the United States canceled an exemption that allowed Tehran to sell crude. The amount of Iranian oil currently at sea is estimated at around 63 million barrels, among shipments in transit and other...
Brent Surpasses $76 After U.S. Strikes on Iran

Brent Surpasses $76 After U.S. Strikes on Iran

SadaNews - Oil jumped after the United States launched a wave of strikes against Iran in response to a series of attacks targeting shipping vessels in the Strait of Hormuz, which heightened tensions in the energy-rich region. Brent crude rose by as much as 3% to exceed $76 per barrel, while West Te...
Gold prices register close to $4,128 per ounce

Gold prices register close to $4,128 per ounce

SadaNews - Gold prices fluctuated within a narrow range as investors awaited signals regarding the Federal Reserve's interest rate outlook, amid renewed U.S. airstrikes on Iran, raising concerns over a resurgence in energy prices and inflation. The precious metal was around $4,128 per ounce, showin...
Exchange Rates of Currencies Against the Shekel on Wednesday (July 8)

Exchange Rates of Currencies Against the Shekel on Wednesday (July 8)

SadaNews - The exchange rates of currencies against the shekel today, Wednesday (July 8), are as follows: