Economic News
Back to Homepage
Weekly and Monthly Losses in Tel Aviv Stock Exchange
SadaNews Economic Translation - The weekly trading in the Tel Aviv Stock Exchange showed losses of up to 1.5%.
According to the Hebrew newspaper Yedioth Ahronoth, this raises the losses since the beginning of the month to 10%.
It noted a decline in the shekel against the dollar, which is now at 3...
Oil Falls 2% Amid Resumption of Shipments from the Strait of Hormuz
SadaNews Economy - Oil prices fell by 2 percent on Friday, heading towards sharp weekly losses as supply concerns eased; more stranded oil tankers left the Strait of Hormuz, despite a shipping vessel encountering an incident near Oman on Thursday.
Brent crude futures fell by $1.50, or 1.99 percent,...
The City of Rawabi Witnesses the Launch of the Largest Arabian Horse Beauty Championships...
SadaNews - In a distinguished national and sports celebration, the "Rawabi Palestine Arabian Horse Beauty Championship" was launched in the city of Rawabi, with official attendance and wide participation from an elite selection of the finest Arabian horse breeds and their riders who gather...
Gold Rises Globally as Dollar Weakens
SadaNews - Gold prices rose today, Friday, after the inflation reading in the United States largely matched expectations, easing fears of an imminent interest rate hike by the Federal Reserve (the U.S. central bank), along with a decline in the dollar and Treasury bond yields.
The price of gold in...
Currency Exchange Rates Against the Shekel (June 26)
SadaNews - The currency exchange rates against the shekel today, Friday, June 26, are as follows:
Dollar: 2.99
Dinar: 4.22
Euro: 3.40
The Recovery of Middle Eastern Oil Accelerates as Qatar Resumes Crude Sales to Asia
SadaNews - Qatar has joined the Gulf Arab states in revitalizing crude oil sales, with regional producers ramping up activities following the temporary peace agreement between the United States and Iran.
A shipment of Qatari Shah Deniz crude was sold this week to Taiwan's Formosa Petrochemical, whi...
Director General of the Palestinian Deposit Insurance Corporation Participates in the Exec...
SadaNews - Louay Hawash, the Director General of the Palestinian Deposit Insurance Corporation, participated in the 85th meeting of the Executive Council of the International Association of Deposit Insurers (IADI), held on the island of Sardinia, Italy, from June 23-25, 2026, with the participation...
Contributions of Banks Operating in Palestine to Social Responsibility Exceed 23 Million D...
SadaNews Economic - Recent data issued by the Banks Association in Palestine revealed that banks contributed $23.449 million in the field of social responsibility during the period (2023-2025), with an average annual spending of about $7.816 million.
The value of spending in the field of social r...
New Legal Amendments to Value Added Tax Provisions in Palestine
SadaNews: President of the State of Palestine Mahmoud Abbas issued a law decree No. (11) for the year 2026, amending law decree No. (26) for the year 2024 regarding Value Added Tax, based on the amended law decree draft submitted by the Council of Ministers and in the interest of the public.
The de...
The Banks Association in Palestine Issues Issue (102) of the Magazine 'Banks in Palestine'
SadaNews - The Banks Association in Palestine has issued issue number (102) of the magazine "Banks in Palestine," which includes a set of specialized files and analyses highlighting the role of the banking sector in supporting the Palestinian community and economy, alongside a review of th...
Mas Institute in partnership with the Bank of Palestine holds a roundtable discussion titl...
SadaNews - The Palestinian Economic Policy Research Institute (MAS), in partnership with the Bank of Palestine, held the third roundtable meeting for 2026 to discuss "The Energy Sector in Palestine: Between Rising Prices and the Necessity of Finding Possible Solutions," held at the institute's headq...
"Bloomberg": Reopening of the Strait of Hormuz Drowns Oil Markets in a Sudden Surplus
SadaNews - Key parts of the oil market have suddenly become flooded with supply, as the flow of shipments from the Strait of Hormuz has accelerated following the U.S.-Iranian agreement to open the waterway.
Even before the agreement, a combination of the release of strategic reserves, a collapse in...