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Palestine Bank Reopens Two Branches in Gaza Strip
SadaNews Economy - Palestine Bank announced on Saturday the reopening of two branches within the Gaza Strip.
The bank specified that the Deir al-Balah and Nuseirat branches will be open starting tomorrow, Sunday, to provide banking services.
It noted that operations will be conducted throughout th...
Trump Approves Tariff Exemptions for Car Production in America
SadaNews Economy - US President Donald Trump has signed orders for significant tariff exemptions for the production of cars and engines in the United States, and has imposed new tariffs of 25 percent on medium and heavy trucks and imported spare parts starting November 1.
Trump has also imposed a 1...
Exchange Rates of Currencies Against the Shekel (October 18)
SadaNews Economy - The exchange rates of currencies against the shekel today, Saturday (October 18), are as follows:
-Dollar: 3.30
-Dinar: 4.65
-Euro: 3.84
Recovery of Sector Markets and Warnings of Rising Vegetable Prices
SadaNews Economy - The United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) warned today, Friday, of a rise in food prices in the Gaza Strip to unprecedented levels due to Israel's destruction of agricultural land and its control over it.
UNRWA stated in a post on...
Gold Surpasses $4300 for the First Time Amid Rising Tensions Between China and America
SadaNews Economy - The price of gold has surpassed the $4300 per ounce mark for the first time, as tensions between the United States and China have driven investors towards safe-haven assets, while increasing expectations for a rate cut by the Federal Reserve this month have fueled this momentum....
The E-Commerce Law in Palestine to Come into Effect Soon.. Protecting Consumers and Trader...
Special to SadaNews - As part of the first comprehensive Palestinian law regulating e-commerce, the Ministry of National Economy announced the imminent publication of the E-Commerce Law in the "Official Gazette", after President Mahmoud Abbas recently ratified it. This law comes in respons...
Exchange Rate of Currencies Against the Shekel (October 17)
SadaNews - The exchange rates of currencies against the shekel today, Friday (October 17), are as follows:
-Dollar: 3.31
-Dinar: 4.67
-Euro: 3.88
Conclusion of the 6th Islamic Conference of Ministers of Labour in Doha
SadaNews Economy - The 6th Islamic Conference of Ministers of Labour from the member states of the Organization of Islamic Cooperation concluded today in the Qatari capital, Doha. The conference was held over two days, October 15 and 16, under the theme: "Local Experiences, Global Achievements: Succ...
Appointment of Engineer Mohamed Awartani as CEO of "Taqa" Company
Economy SadaNews - The board of directors of "Taqa" Company announced the appointment of Engineer Mohamed Awartani as its CEO, who will lead the company in implementing its strategy to develop renewable energy projects in Palestine.
Engineer Awartani has over fifteen years of experience...
Moroccan Finance Minister: We Must Accelerate Economic Reforms and Provide Job Opportuniti...
SadaNews - The Moroccan Finance Minister Nadia Fettah Alaoui stated that her country needs to accelerate the pace of economic reforms and provide more job opportunities for youth, describing the recent protests of Generation Z as a "wake-up call."
Alaoui added during a discussion session at the "S...
Banks in Gaza: Between Statements from the Monetary Authority and Ground Reality
SadaNews Follow-up: Local media reported this morning information regarding the beginning of bank operations in the Gaza Strip, based on a statement from the Deputy Governor of the Palestinian Monetary Authority, Mohamed Monasera, who announced during a radio interview that the Monetary Authority ha...
Towards Broader Financial Empowerment for Cooperatives: Launch of a Campaign to Enhance Aw...
SadaNews - The Ministry of Labor / Cooperative Work Sector and the Rural Development Association, in collaboration with the Association of Banks in Palestine and the Palestinian Monetary Authority, funded by Oxfam, launched a campaign to enhance awareness about cooperative work in the banking sector...