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Several Reasons Drive the Shekel Down Against the Dollar.. When Will the Exchange Rate Exc...
Exclusive to "SadaNews" - The question is no longer "if" but "when"; several political and economic reasons have intertwined and are now pushing the shekel down against the dollar, and we are now just a short distance away from the dollar's exchange rate surpassing the 3 shekel barrier.
Banking and...
Housing Bank Donates Electronic Devices to the Elderly House Charity in Jenin
SadaNews - As part of its vision to contribute to social responsibility and achieve sustainable development in various aspects of life, the Housing Bank donated electronic devices to the Elderly House Association in Jenin in support of the association's mission and to provide the necessary support f...
Morocco Calls for Accelerating the Activation of African Free Trade
SadaNews - The President of the House of Advisors (the second chamber of the Moroccan Parliament), Mohammed al-Rachid, called for accelerating the activation of the African continental free trade area, with the aim of contributing to "lifting 30 million people out of extreme poverty".
Al-Rachid sta...
Expected Acceleration of U.S. Inflation in May May Strengthen Rate Hike Bets
SadaNews - The latest data on the inflation index most closely monitored by the Federal Reserve is unlikely to pose a challenge to the growing consensus within the U.S. central bank regarding the need to raise interest rates this year.
The Personal Consumption Expenditures Price Index, set to be...
أسعار الذهب تُسجل قرب 4.160 دولاراً للأونصة
Data Indicates Continued Maritime Traffic in Hormuz on Saturday Despite Iran's Warning
SadaNews - Data from "Lloyd's List Intelligence" showed that ships continued to enter and exit the Gulf area through the Strait of Hormuz, despite Iran's announcement to close the vital maritime passage to traffic.
"Lloyd's List" mentioned in a post on the "X&...
Currency Exchange Rates Against the Shekel on Sunday (June 21)
SadaNews - The exchange rates of currencies against the shekel today, Sunday (June 21), are as follows:
China's Refined Oil Exports Rise in May Despite Imposed Restrictions
SadaNews Economy - China's exports of gasoline, diesel, and jet fuel rose in May compared to April, to key destinations in Southeast and South Asia, although they still remain significantly lower than last year's levels due to export restrictions imposed due to the Iran war, aimed at protecting dome...
Jerusalem Electricity Company Announces Temporary Suspension of Prepaid Charging Services
SadaNews Economy - The Jerusalem District Electricity Company announced on Saturday a temporary suspension of prepaid meter charging services.
It indicated that this suspension will take effect from 12:00 midnight on Sunday, June 22, 2026, until 4:00 AM on Monday, for the purpose of developing prog...
Breakthrough in the Strait of Hormuz Injects Billions into Global Equity Funds
SadaNews Economy - Global equity funds witnessed an unprecedented investment surge, the largest in 19 months, during the week ending June 17, driven by a wave of overwhelming optimism among investors. This strong rebound followed the announcement of a temporary agreement between the United States an...
Exchange Rates of Currencies Against the Shekel (June 20)
SadaNews Economy - The exchange rates of currencies against the shekel, on Saturday, June 20, are as follows:
Dollar: 2.96
Dinar: 4.17
Euro: 3.39
Palestine and the Islamic Development Bank Sign Agreement to Finance the Construction of T...
SadaNews Economy - On Friday, June 19, the State of Palestine and the Islamic Development Bank Group signed a financing agreement worth 37 million USD to support the energy sector in Palestine, on the sidelines of the annual meetings of the Islamic Development Bank Group held in the Azerbaijani capi...