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Deutsche Bank Anticipates Gold Prices to Reach $6,000 by 2026
SadaNews - Deutsche Bank predicted today, Tuesday, that gold prices will surge to $6,000 per ounce by 2026 as investors continue to increase their allocations to non-dollar and real assets.
Gold recorded a record high of over $5,100 per ounce in spot trading yesterday, Monday, as increasing geopoli...
Dutch Airline KLM Announces Resumption of Flights to "Israel" in an Exceptional Operating...
SadaNews - The Dutch airline KLM has announced the resumption of its flights to "Israel" starting from January 28, after suspending them last week. However, the flights will operate under an unusual format that includes a temporary stop in Cyprus, due to the prevailing security situation i...
Deal Between the Israeli Ministry of Defense and Elbit Systems for Purchasing Ammunition W...
SadaNews - The "Security Purchases Directorate" at the Israeli Ministry of Defense has concluded a deal to purchase aerial ammunition manufactured by "Elbit Systems" for 570 million shekels.
This deal is part of the policy established by the former Director General of the Ministry of Defense and cu...
Saudi National Bank's Profits Grow 18% in 2025 Surpassing Expectations Thanks to Operation...
SadaNews - The profits of the Saudi National Bank, the largest bank in the Kingdom by assets, increased by 18% in 2025 to reach 25 billion riyals, significantly surpassing expectations, thanks to a combination of improved operational activities and reduced expenses.
The bank's operational activitie...
Iranian Currency Plummets to Record Low Against the Dollar
SadaNews Economy - Several Iranian sites monitoring currency value have reported that it has plunged to a record low against the dollar on Tuesday, following weeks of protests triggered by the decline in currency value.
The exchange rate of the Iranian rial fell to 1.5 million rials per dollar, mar...
India and the European Union Sign a 'Historic' Free Trade Agreement
SadaNews - India and the European Union have signed a free trade agreement described as "historic", which Indian Prime Minister Narendra Modi referred to as the "mother of agreements" during a speech he delivered on Tuesday at the "Indian Energy Week" conference, and European stocks rose following t...
Flow Ventures Launches 'Flow Angels' to Activate Early Angel Investments of Up to $2 Milli...
SadaNews - Flow Ventures announced the launch of Flow Angels, an organized angel investment network aimed at stimulating early-stage capital and addressing the chronic funding gap faced by Palestinian startups, both locally and globally. This announcement follows their official launch earlier this m...
Oil Prices Drop as Market Shifts Focus to Supply Surplus Forecasts
SadaNews - Oil prices fell as traders focused on forecasts of a supply surplus, while the market monitored the impact of a widespread winter storm that hit the United States.
West Texas Intermediate crude for March delivery dropped by 0.6% to $60.25 per barrel as of 1:20 PM Singapore time, while Br...
Gold Holds at $5,000 an Ounce for the Second Day
SadaNews - Gold prices have risen, maintaining trading above the $5,000 per ounce level for the second day, with the weakness of the dollar contributing to the extension of a rally fueled by geopolitical risks and a retreat of investors from sovereign bonds and currencies.
The precious metal jumped...
Currency Exchange Rates Against the Shekel on Tuesday (January 27)
SadaNews - The currency exchange rates against the shekel on this Tuesday (January 27) are as follows:
سلطة النقد تحشد الرأي العام الدولي حول ضرورة معالجة أزمة تكدس الشيكل والإفراج عن أموال الم...
The Dollar Takes Repeated Hits and Potential Intervention May Lower Its Value
SadaNews - The prospect of the United States effectively joining Japan in intervening in the foreign exchange market represents the latest in a series of pressures faced by the currency on multiple fronts.
The dollar fell against most major currencies while the yen surged, and gold reached record...