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Trump Requests to Postpone Summit with Chinese Counterpart for a Month Due to Iran War
SadaNews - President Donald Trump said that he has requested China to postpone a summit that was scheduled to be held with his Chinese counterpart Xi Jinping for about a month, indicating that it is important for him to remain in Washington to oversee the war with Iran.
During an event at the Whi...
Gold Stabilizes as Traders Assess Inflation Risks and Oil Supply Shock
Sada News - Gold moved within a narrow range as traders balanced inflation risks against attempts to contain the oil supply shock stemming from the war in the Middle East.
The precious metal rose by up to 0.5% to remain above the $5,000 per ounce mark, after falling 0.3% in the previous session.
O...
Currency Exchange Rates Against the Shekel on Tuesday (March 17)
SadaNews - The currency exchange rates against the shekel today, Tuesday (March 17), are as follows:
Finance Minister: The government will remain committed to paying salaries at rates determi...
SadaNews - On Monday, Finance and Planning Minister Istifan Salama presented the general features of the emergency budget for the year 2026 to representatives of civil society institutions. The budget is based on spending the available cash flows to the public treasury according to priorities that c...
Technology Boosts U.S. Futures as Fed Decision Awaits
SadaNews Economy - U.S. stock index futures rose on Monday, led by gains in "Meta" stocks, following a report that the tech giant is preparing for widespread layoffs in the artificial intelligence sector. This comes as rising crude oil prices due to the ongoing conflict in the Middle East dampened i...
Ministry of Energy: Global gasoline prices of both types rise by 27.4% in the second week...
SadaNews - Fuel prices experienced a notable rise during the second week of March, according to the global price bulletin, amid varying increases that included gasoline, diesel, kerosene, and fuel oil, while the price of liquefied petroleum gas remained stable.
According to data published by the Mi...
Decline of Bank Stocks on Tel Aviv Stock Exchange Amid Regional Tensions
SadaNews - The Tel Aviv Stock Exchange witnessed limited movements today, Monday, trending towards a decline amid the ongoing security tensions in the Middle East and their impacts on the markets, according to a translation by Sada Economy from the Hebrew newspaper "Calcalist."
According to the re...
Aluminum Prices Rise as Bahrain's Alba Reduces Production
SadaNews - Aluminum prices have increased after one of the world's largest smelters halted about a fifth of its production capacity, deepening the risk of supply shortages as the Iran war chokes supply coming from the Middle East.
On Sunday, Aluminum Bahrain announced that it has begun a gradual sh...
National Bank and Palestinian Alimony Fund Collaborate to Provide Food Packages for Vulner...
SadaNews - As part of joint efforts to enhance social solidarity and support the most needy groups during the holy month, the National Bank and the Palestinian Alimony Fund signed a cooperation agreement today to provide food packages for the most vulnerable alimony-receiving families headed by wome...
Iran's War Puts Water Security in the Gulf Under Scrutiny
SadaNews - Iran's war has revealed a crucial issue in the oil-rich Gulf region, namely its dependence on desalination plants.
The countries in the region suffer from a scarcity of natural freshwater resources, prompting them to convert seawater into potable water to meet the growing needs of their...
Oil Prices Fluctuate as Markets Assess Supply Risks
SadaNews - Oil prices fluctuated after Iran stated that crude flows were continuing from its main export hub following a U.S. attack on military facilities, while President Donald Trump intensified pressure on countries to help reopen the Strait of Hormuz.
Brent crude was trading around $105 per ba...
Trump Pressures China to Help Secure Hormuz and Threatens to Postpone Summit with Xi
SadaNews - U.S. President Donald Trump hinted that he may postpone the summit he plans to hold with Chinese President Xi Jinping if Beijing does not assist in reopening the Strait of Hormuz, according to the Financial Times citing an interview with the U.S. President.
Trump told the newspaper: "It...