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European and Asian Stocks Decline as U.S.-Iran Peace Talks Stumble
Economy SadaNews - European stocks fell during Friday's trading amid cautious sentiment among investors following the cancellation of U.S.-Iranian talks aimed at ending the conflict in the Middle East, prompting traders to shy away from higher-risk assets.
The European "Stoxx 600" index decreased b...
Gold Set to Suffer Third Consecutive Weekly Loss under Dollar Strength Pressure
SadaNews Economy - Gold prices are heading towards recording their third consecutive weekly loss, having dropped by more than 2 percent during Friday's trading, affected by the rise of the U.S. dollar to its highest level in a year, alongside increasing expectations for the continuation of the Feder...
Currency Exchange Rates Against the Shekel (June 19)
SadaNews Economy - The currency exchange rates against the shekel on Friday, June 19 are as follows:
Dollar: 2.94
Dinar: 4.15
Euro: 3.36
Governor of Saudi Sovereign Fund: We are committed to all our investments and strategies w...
SadaNews - Yasser Al-Rumayyan, the Governor of the Saudi Public Investment Fund, confirmed that the fund will remain committed to all its investments and strategies across the globe, despite the geopolitical conditions affecting the region, noting that the fund is "a long-term investor and is charac...
How did the markets react to the signing of the Iran agreement and the Federal Reserve's d...
SadaNews - U.S. stock futures rose and oil prices fell after U.S. President Donald Trump signed a temporary agreement to end the war with Iran and reopen the Strait of Hormuz, which contributed to improved risk appetite after signals of monetary tightening from the Federal Reserve.
Futures linked t...
The Monetary Authority Organizes a High-Level Meeting to Launch a Strategic Path to Enhanc...
SadaNews - The Palestinian Monetary Authority organized a high-level meeting on "Sustainable Financing and Climate-Related Financial Risks" as part of its efforts to enhance the readiness of the Palestinian financial sector and develop its institutional capabilities in line with relevant internation...
أرامكو تدرس إنشاء مرافق تخزين كبرى حول العالم
Jordan's Central Bank Decides to Keep Interest Rates Steady
SadaNews Economy - The Open Market Operations Committee of the Central Bank of Jordan, in its fourth meeting of 2026, has decided to maintain the "central bank's key interest rate" at its current level of 5.75%, keeping other monetary policy interest rates unchanged.
This decision comes in light of...
Strong Economic Recovery Expected in the Middle East and North Africa as War Comes to an E...
SadaNews - "BMI" under "Fitch Solutions" expects the Middle East and North Africa region to experience a strong economic recovery in 2027 after a rare contraction this year due to the repercussions of the US-Iranian war and disruptions in navigation and energy in the region.
The...
US Charges Palestinian with Raising Funds for Hamas and "Gaza Now" Platform
SadaNews - The U.S. Department of Justice announced the filing of 5 criminal charges against "R.S." (38 years old), a resident of San Diego, California, for conspiracy to provide material support to Hamas, evading U.S. sanctions, wire fraud, money laundering, and making false statements to...
Oil Continues to Flow Through Hormuz as Tankers Cross Stealthily
SadaNews - Oil tankers transiting the Strait of Hormuz, with their signals turned off, are helping to maintain oil flows this month at stronger levels than earlier in the Middle East conflict, as shipping companies await the signing of a peace agreement between the United States and Iran this week....
Gold prices rise supported by the signing of a temporary peace agreement between the US an...
SadaNews - The price of gold rose, supported by the signing of a temporary peace agreement between the United States and Iran, despite the Federal Reserve indicating a rate hike later this year.
Gold traded near $4,315 per ounce after dropping 1.7% in the previous session.
US and Iranian officials...