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Powell Leads Week of Decisions Amid Inflation Pressures
SadaNews - An eventful week awaits the U.S. Federal Reserve and followers of central banks. The annual economic policy seminar organized by the Federal Reserve Bank of Kansas City kicks off on Thursday evening in "Jackson Hole," Wyoming.
Chair Jerome Powell is expected to unveil the new monetary po...
Currency Exchange Rates Against the Shekel on Sunday (August 17)
SadaNews: The currency exchange rates against the shekel today, Sunday (August 17), are as follows:
Launch of the First Direct Submarine Cable in 25 Years Between Egypt and Jordan to Enhance...
SadaNews - Amr Talaat, the Egyptian Minister of Communications and Information Technology, and Sami Al-Smeirat, the Jordanian Minister of Digital Economy and Entrepreneurship, along with Khaled Mubarak, Governor of South Sinai, witnessed via video conference the installation of the high-capacity sub...
10 Nobel Laureates in Economics: Israel on the Brink of Economic Catastrophe Due to Gaza
SadaNews - Israeli newspaper HaMarker revealed that 23 leading economists from universities in America and Europe, including 10 Nobel Laureates in Economics, sent an open letter to Israeli Prime Minister Benjamin Netanyahu warning that "current policies in the Gaza Strip will lead to catastrophic ec...
Electronic Payment Reduces the Commission of Liquidity Traders in Gaza
Sada Economy - When you stroll through the markets of the Gaza Strip these days, you hear no more than the question "Do you have sales on the app?" from shoppers, amid a severe cash liquidity crisis that the besieged sector has suffered since the Israeli aggression on October 7, 2023.
Gazans, exhau...
Announcement of Power Outage
SadaNews: The Jerusalem District Electricity Company announces with regret the necessity of cutting off the electricity from 9:00 AM to 2:00 PM on the days and dates specified below for the following areas in Bethlehem Governorate:
- Sunday, August 17, 2025:
Parts of Beit Fajjar, including the west...
Currency Exchange Rates Against the Shekel (August 16)
SadaNews Economy - The exchange rates of currencies against the shekel today, Saturday (August 16), are as follows:
Dollar: 3.37
Dinar: 4.76
Euro: 3.95
"Bitcoin" Falls by More Than 4% After Stronger Than Expected U.S. Inflation Data
SadaNews - A stronger than expected inflation reading reminded investors that "Bitcoin" remains a highly volatile asset, just hours after the cryptocurrency reached a new all-time high.
"Bitcoin" fell by more than 4% within minutes after government data showed a surge in U.S. wholesale prices durin...
Consumer Price Index in Israel Rises by 0.4% in July and Interest Rates Will Not Decrease
SadaNews Economy - The consumer price index increased by 0.4% in July, but the annual inflation rate dropped from 3.3% in June to 3.1%, according to the Israeli Central Bureau of Statistics announced today, Friday.
The increase in the price index is likely to lead the Bank of Israel to decide not t...
Egypt Amid Domestic Pressures and External Fluctuations: How Is It Redrawing the Gas Map?
SadaNews Economy - Egypt is currently implementing a multi-faceted strategy to secure its natural gas needs amid declining domestic production and increasing demand, particularly in the electricity and industrial sectors. The plan comprises four main alternatives aimed at reducing dependence on spec...
Oil Prices Reach Highest Level in a Week
SadaNews Economy - Oil prices maintained their gains on Friday, trading at their highest levels in a week, as investors await the upcoming summit between U.S. President Donald Trump and his Russian counterpart Vladimir Putin in Alaska, amid concerns over the impact of geopolitical tensions on suppli...
Currency Exchange Rates Against the Shekel (August 15)
SadaNews Economy - The currency exchange rates against the shekel today, Friday (August 15), are as follows:
Dollar: 3.38
Dinar: 4.77
Euro: 3.94