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Palestinian Economy in Turmoil in 2024: Collapse of Production and Decline in Employment i...
SadaNews Economy - The Palestinian economy faced unprecedented challenges during the year 2024, as the Palestinian Central Bureau of Statistics revealed a sharp decline in local production levels of private and non-profit establishments, along with a significant decrease in employment rates across v...
Trump: America has secured commitments for new investments exceeding $18 trillion
SadaNews Economy - U.S. President Donald Trump stated that the United States has secured commitments for new investments exceeding $18 trillion.
Trump revealed that America is likely to receive investments worth $21.22 trillion by the end of his second term.
He predicted a 4% growth in GDP in the...
After a Three-Day Decline, Oil Prices Stabilize
SadaNews - The price of oil stabilized after a three-day decline, as investors assessed the impact of Western sanctions imposed on major crude oil producers in Russia, coinciding with mixed industry estimates regarding changes in U.S. inventories.
Brent crude traded above $64 a barrel after falling...
Currency Exchange Rates Against the Shekel on Wednesday (October 29)
SadaNews Economy - Currency exchange rates against the shekel today, Wednesday (October 29):
Telecommunications Regulatory Authority Approves the Use of Electronic Signature and Seal...
SadaNews Economy - The Telecommunications Regulatory Authority announced the approval of the use of electronic signatures and seals by telecommunications service providers, marking a qualitative shift towards automating procedures and enhancing digital transformation in the Palestinian telecommunica...
Ooredoo Palestine Announces Its Financial Results for the First Nine Months of 2025
SadaNews Economy - Ooredoo Palestine announced its financial results for the first nine months of 2025, which showed stable performance reflecting the company's resilience and ability to continue growing despite the political and economic challenges facing Palestine. The net profits during the menti...
Housing Bank is the Diamond Sponsor of the First Palestine Stars Taekwondo Championship
SadaNews: In support of sports and youth, the Housing Bank has provided diamond sponsorship for the First Palestine Stars Taekwondo Championship, which was recently held at Al-Istiklal University in Jericho, with wide participation from clubs and players totaling 350 male and female athletes from va...
Ooredoo Palestine Announces Its Financial Results for the First Nine Months of 2025
SadaNews - Ooredoo Palestine has announced its financial results for the first nine months of 2025, which showed stable performance reflecting the company's resilience and ability to continue growing despite the political and economic challenges facing Palestine. Net profits during the mentioned...
The New Public Debt Law.. Will the Authority Succeed in Curbing the Rise of Debt?
SadaNews Exclusive: Economic expert Moayad Affana confirmed that President Mahmoud Abbas's issuance of Legislative Decree No. (20) of 2025, which includes substantial amendments to the Public Debt Law No. (24) of 2005, aims to enable the Palestinian National Authority to restructure its debts an...
Stability of Oil Prices After Two-Day Decline
SadaNews - Oil prices stabilized after a two-day decline, as investors balanced between indications of oversupply and the repercussions of American sanctions on Russian producers.
Brent crude traded below $66 per barrel, while West Texas Intermediate crude approached $61.
The quantities of oil shi...
Amazon Announces Largest Layoff in Its History
SadaNews - Amazon is preparing to announce comprehensive job layoffs starting today, Tuesday, according to CNBC.
The plan will represent the largest workforce layoff in Amazon's history and will include nearly all of its operations, according to sources.
Reuters reported that Amazon plans...
America Signs Agreement with Japan to Secure Rare Mineral Supplies
SadaNews - U.S. President Donald Trump and Japanese Prime Minister Sanae Taketatsu signed a framework agreement on Tuesday aimed at securing supplies of strategic minerals through mining and processing, according to a statement from the White House.
The signing took place during Trump’s visit to Ja...