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Unprecedented Real Estate Crisis Strikes Israel: 82,000 Units Without Buyers
SadaNews Economy - The residential real estate market in Israel is experiencing an unprecedented stagnation for decades, amid continued decline in sales and increasing financial deficits among real estate development companies, according to a report by the credit rating agency "Standard & Poor's Maa...
U.S. Government Shutdown Enters Its 23rd Day and Approaches Historic Record
SadaNews Economy - October 23. The U.S. government shutdown has entered its twenty-third day, making it the second longest shutdown in the history of the United States, amid ongoing political deadlock between the White House and Congress.
If the shutdown continues until November 4, it will match th...
Oil Jumps 2.5% After U.S. Sanctions on Russian Companies
SadaNews Economy - Oil prices surged about 2.5% this Thursday, continuing the gains initiated in the previous session, amid renewed concerns about supplies after the United States imposed sanctions on two major Russian oil companies, "Rosneft" and "Lukoil," in the context of the conflict in Ukraine....
Gold Contracts Rise Amid Anticipation of U.S. Inflation Data
SadaNews Economy - Gold prices shifted towards an increase during today’s session on Thursday, following sharp losses on Wednesday, and amidst anticipation of the upcoming U.S. inflation data, with the price today reaching $4,114.37 per ounce.
The U.S. Consumer Price Index report, scheduled to be r...
Currency Exchange Rates Against the Shekel on Thursday (October 23)
SadaNews - The currency exchange rates against the shekel today, Thursday (October 23), are as follows:
Details revealed.. Netanyahu's household expenses increase by 40%
SadaNews Economy Translation - Israeli official data showed an increase in the living expenses of Israeli Prime Minister Benjamin Netanyahu in occupied Jerusalem and Caesarea during the year 2024, by about 40% compared to the previous year.
According to the Hebrew website Ynet, as translated by Sad...
The National Committee Holds a Meeting with Partners and Donors to Implement the National...
SadaNews Economy - The National Committee for Combating Money Laundering held an extensive meeting with international and national partners to discuss the implementation of the national strategy responsive to the results of the national risk assessment. The meeting was sponsored by H.E. the Governor...
China Injects Billions to Counter the Trade War Waged by Trump
SadaNews - After six months since U.S. President Donald Trump's launch of the trade war, the robustness of China’s exports confirms the vital importance of many of its products, despite U.S. tariffs that have reached 55%.
Daily, Chinese goods worth nearly one billion dollars are shipped to the Unit...
India and the U.S. Move Closer to a Trade Deal that Could Reduce Tariffs to 15%
SadaNews - India and the United States are nearing a trade agreement that could reduce the tariffs imposed on Indian exports to between 15% and 16% compared to about 50% currently, according to the "Mint" newspaper, citing three individuals familiar with the matter who were not named.
The newspaper...
Israel Reduces Gas Exports to Egypt Due to Maintenance Work in the Tamar Field
SadaNews - Israeli gas imports to Egypt have dropped to about a third starting today, Wednesday, and for a period of 12 days, due to maintenance work in the "Tamar" field in the deep waters of the Mediterranean, according to a government official.
Egypt began importing gas from Israel in 2020 with...
Saudi Arabia and Australia Prepare to Expand Cooperation Bridges in Mining and Investment
SadaNews - Saudi Arabia is intensifying its efforts to strengthen relations with Australia, a country that has not had significant trade dealings with the Kingdom, at a time when Riyadh seeks to capitalize on the new momentum resulting from deals in minerals, mining, and financing.
Officials from b...
Palestinian Investment Fund Wins Two Second Place Awards at the Arab Award for Social Resp...
SadaNews - The Palestinian Investment Fund, through its community investment arm "Palestine Development Foundation," has won two second place awards in the 18th edition of the Arab Award for Social Responsibility and Sustainability announced in Dubai, in the categories of social institutions and par...