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Federal Reserve Records Indicators of Slowing in the U.S. Economy
SadaNews - Economic activity in the United States has not seen any significant change in recent weeks, while employment levels have remained largely stable, according to the U.S. Federal Reserve.
The "Beige Book" released on Wednesday by the Federal Reserve, which is based on a survey conducted amo...
Gold Prices Reach New Heights Exceeding $4,227 an Ounce
SadaNews - Gold has reached a new record level amid rising tensions between the United States and China, and increasing bets that the U.S. Federal Reserve will maintain its monetary easing policy until the end of the year, thus boosting demand for the precious metal.
Gold has risen nearly 5% since...
Rising Oil Prices After Trump's Statements on India's Stop of Purchasing Russian Crude
SadaNews - Oil prices have risen from their lowest levels in five months after U.S. President Donald Trump stated that Indian Prime Minister Narendra Modi pledged to stop his country's purchases of Russian oil, a move that could tighten global supplies.
Brent crude traded above $62 a barrel after d...
Exchange Rates of Currencies Against Shekel on Thursday (October 16)
SadaNews - The exchange rates of currencies against the shekel today, Thursday (October 16), are as follows:
New Record in Global Electric Car Sales
SadaNews Economy: Market research company "Ro Motion" reported on Wednesday that global sales of electric and hybrid cars rose by 26% in September compared to last year, reaching a record number of 2.1 million units, driven by strong demand in China and a late rush to take advantage of tax...
The Consumer Price Index in Israel Decreased Last Month
SadaNews Economics Translation - The Consumer Price Index in Israel decreased by 0.6% in September 2025 compared to August 2025.
According to the Consumer Protection Agency in Israel, over the past 12 months (September 2025 compared to September 2024), the Consumer Price Index rose by 2.5%.
No...
Ministry of Industry Launches the "Sustainable Handicraft Village for Shoes and Leather" P...
SadaNews - The Ministry of Industry launched the Sustainable Handicraft Village for Shoes and Leather project in the city of Hebron, in the presence of Minister of Industry Mr. Arafat Asfour, the Economic Development Program Officer at the Italian Cooperation Giuseppe Marano, the representative of t...
Palestinian Islamic Bank Announces Resumption of Operations at Gaza Branch Starting Thursd...
SadaNews - The Palestinian Islamic Bank has announced the completion of preparations to resume operations at the Gaza branch – Omar Al-Mukhtar Street, and to receive and serve customers starting Thursday, 16/10/2025.
The General Manager of the Palestinian Islamic Bank, Dr. Imad Al-Saadi, st...
Monetary Authority Instructs Banks to Gradually Resume Banking Services in Gaza Starting T...
SadaNews - The Palestinian Monetary Authority has instructed the banks operating in the Gaza Strip to begin providing financial and banking services to the public starting tomorrow morning, Thursday, October 16, 2025, according to their operational and technical readiness.
The Monetary Authority co...
Palestinian Monetary Authority Governor Heads Palestinian Delegation at International Conf...
SadaNews - The Governor of the Palestinian Monetary Authority, Yahya Shanar, headed the Palestinian delegation at the high-level international conference held at "Wilton Park" in the United Kingdom, to discuss the involvement of the private sector in the reconstruction plans for the Gaza S...
Egypt: 15 Million Tourists Received During the First 9 Months of 2025
SadaNews - Egypt received 15 million tourists during the first 9 months of this year, a growth of 21% year-on-year, bringing it closer to its target of 18 million tourists by the end of the year.
Egypt's Minister of Tourism and Antiquities, Sherif Fathy, stated that "the number of touris...
US sanctions confuse oil markets and force tankers to avoid the route to China
SadaNews - Three giant oil tankers that were heading to the Rizhao port are seeking alternative berths after the United States imposed sanctions on the port, which receives about a tenth of China's oil imports.
Tracking data collected by "Bloomberg" indicates that two Very Large Crude Carriers (VLC...