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Egypt is considering a 30% reduction in customs duties for the automotive and electrical a...
SadaNews - Egypt is considering reducing customs duties on between 60 and 70 types of essential raw materials related to the manufacturing of automobiles and electrical appliances, with reductions ranging from 20% to 30%, in contrast to the plan to impose or increase tariffs on fully manufactured go...
Shocking Reading of the Gold Market: Cathie Wood Warns of Potential Bubble
SadaNews - The CEO of Ark Investment, Cathie Wood, has warned of increasing risks in the gold market, considering that current indicators may reflect the yellow metal reaching historically inflated levels, raising concerns of a potential price bubble.
Wood stated in a post on the "X" platform two d...
Capital Market Authority Grants Global Securities Company Operating License to Engage in F...
SadaNews - The Capital Market Authority announced the granting of an operating license to Global Securities Company to conduct business in non-regulated foreign exchanges (Forex), following the company's completion of all necessary technical and legal requirements, including the requirements for con...
The drying up of clearance funds warns of a financial collapse for the Palestinian Authori...
Exclusive SadaNews - Recent data released by the Palestinian Ministry of Finance and Planning shows that the total clearance funds recorded by the end of 2025 reached approximately 10.53 billion shekels, while the Palestinian Authority received only 1.95 billion shekels, or about 18.5% of the total...
Minister of Labor Participates in the Global Labor Market Conference in Riyadh and Present...
SadaNews - Minister of Labor Dr. Inas Al-Atari participated in the Global Labor Market Conference held in Riyadh on January 26-27, 2026, where she highlighted the main features of the Palestinian vision for the future of labor markets amidst rapid global transformations.
Dr. Al-Atari emphasized tha...
Oil Falls After Monthly Gains as Geopolitical Fears Fade
SadaNews - Oil prices plunged after recording their largest monthly gains since 2022, as geopolitical risk premiums diminished following U.S. President Donald Trump's announcement that Washington is engaged in talks with Iran.
Brent crude was trading near $67 a barrel after rising 16% last month, w...
Currency exchange rates against the shekel on Monday (February 2)
SadaNews - The currency exchange rates against the shekel today, Monday (February 2), are as follows:
Sharp Decline Wave Hits Precious Metals
SadaNews Economy - Precious metal markets witnessed a strong decline today, with prices of gold, silver, platinum, and palladium sharply falling amid intense selling pressure and fears of a slowdown in global demand.
In spot trading, gold plummeted by more than 5% to reach $4560 per ounce, the lowe...
Quds Bank Announces Opening of New Marketing Office at "Icon Mall" to Enhance Customer Eng...
SadaNews - Quds Bank has announced the opening of its new marketing office at Icon Mall, as part of its strategic plan to enhance direct communication with customers and provide its banking services in a more accessible and flexible manner. The office aims to facilitate customers' access to informat...
Oil Drives Saudi Economy to Highest Annual Growth Since 2022
SadaNews - The Saudi economy recorded its highest annual growth since 2022 in 2025, with GDP increasing by 4.5%, driven by a rebound in the oil sector under the new supply policy adopted by the "OPEC+" alliance.
The rapid estimates released by the General Authority for Statistics today, Sunday, sur...
The Trade Balance of Palestine: A Structural Imbalance Reinforced by Political and Economi...
Special SadaNews - Palestine's trade balance suffers from a significant deficit in favor of imports, which reflects an economic and financial policy that has been practiced over the past years, summarized by the Palestinian governments' search for rapid and guaranteed fiscal revenues at the...
Egypt Restarts Sugar Exports After Three-Year Hiatus
SadaNews - Egypt has reopened the door for sugar exports this January, after a halt that lasted nearly three years, in a move aimed at absorbing a local surplus of nearly one million tons, which has led to price declines and significant losses for manufacturers, according to three sources.
Before s...