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Gold Declines Due to Profit-Taking Ahead of Powell's Statements and Important U.S. Data
SadaNews Economy - Gold prices fell in trading on Tuesday after reaching a six-week high during the previous session, amid profit-taking by investors who are also awaiting statements from the Federal Reserve chairman and important economic data that may indicate a rate cut.
Gold dropped 0.3% in spo...
Currency Exchange Rates Against the Shekel on Tuesday (December 2)
SadaNews - The exchange rates of currencies against the shekel today, Tuesday (December 2), are as follows:
Norwegian Sovereign Wealth Fund Pressures Microsoft to Limit Support for Israel
SadaNews - The Norwegian Sovereign Wealth Fund is pressuring the American software company Microsoft over its activities in Israel. According to Calcalist, this move comes amid indications that Microsoft technologies "were likely used by the Israeli army in attacks on the Gaza Strip and the West Ban...
The Palestinian National Council Participates in the Arab-Chinese Parliamentary Meeting to...
SadaNews - A delegation from the Palestinian National Council is participating in the Arab-Chinese parliamentary meeting in the People's Republic of China, titled "Enhancing Cooperation Among Legislative Bodies and Building the Sino-Arab Community for a Shared Future".
The delegation includes His E...
EYM Group in Palestine Announces Expansion Agreement with Jordan's Cheese Burger Factory
SadaNews - The EYM investment and development group in Palestine announced the signing of an expansion agreement with the Jordanian brand Cheese Burger Factory.
Eiad Abu Ali, the Chairman of the Board of the group, announced an expansion plan for the brand in the West Bank and East Jerusalem in the...
Mustafa: Rebuilding Gaza will provide job opportunities if achieved with a national vision
SadaNews: Prime Minister Dr. Mohammad Mustafa confirmed that the government is committed to building a more just and stronger economic and social environment, based on the Palestinian individual and their ability to work and innovate.
The Prime Minister emphasized that updating the national strateg...
Russia Opens Its Doors to Chinese Citizens Without Visa
SadaNews - The Kremlin announced that Russian President Vladimir Putin has signed a decree allowing Chinese citizens to enter Russia without the need for a visa for up to 30 days, for tourism and business purposes, starting today until September 14, 2026.
The decree clarified that the decision does...
United Global Insurance Company Achieves Record Profits in the Third Quarter of 2025 Excee...
SadaNews - Despite the difficult circumstances facing the Palestinian economy in general and the insurance sector in particular, the United Global Insurance Company has managed to achieve significant growth in profits by 134% compared to the same period in 2024. The results released by Dr. Sameh Al-...
"Education" and "Palestinian Islamic Bank" Sign Agreement to Establish a School in Gaza St...
SadaNews - The Minister of Education and Higher Education, Dr. Amjad Barham, and the General Director of the Palestinian Islamic Bank, Dr. Imad Al-Saadi, signed a cooperation agreement to establish a school in the Gaza Strip.
The signing ceremony took place at the Ministry of Education headquarte...
Likelihood of Japanese Interest Rate Hike Temporarily Stops Yen Decline
SadaNews Economy - The year that began with an increase in interest rates in Japan may be about to end with a similar move, following the clearest indication yet from the Governor of the Bank of Japan, Kazuo Ueda, about the possibility of a near-term action, setting the stage for a pivotal month tha...
Oil prices rise supported by OPEC+ production plans
SadaNews - Oil prices rose by more than 1.5% in today's trading on Monday, after the OPEC+ alliance renewed its commitment yesterday to halt any increases in production during the first quarter of next year, in addition to indications that the U.S. may take new actions against Venezuela, raising fur...
Gold Retreats from Three-Week High Amid Federal Decision Anticipation
SadaNews - Gold prices fell during trading on Monday from their highest level in about three weeks, as investors sought to take profits amid increasing expectations for a cut in U.S. interest rates later this month, while silver recorded a new all-time high.
Gold dropped in spot transactions on Mon...