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New Export Tax on AI Chips Affects Nvidia and AMD
SadaNews - In a move described as unprecedented in the history of modern global trade, American companies "Nvidia" (Nvidia Corp.) and "Advanced Micro Devices" (AMD) reached an agreement to pay 15% of their revenue from sales of AI chips in China to the U.S. government in exchange for special export...
Samsung Reveals Its Strategy to Compete with Chinese Smartwatches
SadaNews - Samsung has unveiled the features of its future strategy to enhance its competitive position in the smartwatch market, in response to the growing challenge from Chinese companies that focus heavily on battery life.
Samsung focuses in the new generation of Galaxy Watch 9 and Galaxy Watch 1...
Currency Exchange Rates Against the Shekel on Monday (August 11)
SadaNews - The currency exchange rates against the shekel today, Monday (August 11), are as follows:
The Trade Facilitation and Customs Support Program "Tasdeer" Launches the Export Challenge...
SadaNews Economy - The Trade Facilitation and Customs Support Program "Tasdeer", in collaboration with the Palestinian Industries Union, launches the Export Challenge Fund, an incentive program based on performance aimed at supporting Palestinian exporters in increasing their exports to foreign mark...
Launch of Electronic Payment Service for Justice Ministry Transactions via E-SADAD Platfor...
SadaNews - The Monetary Authority and the Ministry of Justice have launched a new service that allows citizens to pay justice ministry transaction fees electronically through the national bill presentation and payment platform E-SADAD, facilitating transaction completion without the need for cash....
A Delegation from the Palestinian Businessmen Association - Jerusalem Visits Jenin and Aff...
SadaNews - The Palestinian Businessmen Association - Jerusalem organized a visit to the Jenin Governorate, in coordination with the Jenin Business Forum, aiming to assess the economic situation in the governorate and meet with the association members there. The visit took place within the framework...
Al-Quds Pharmaceutical Company Achieves Record Profits in the First Half of 2025 Approachi...
SadaNews - The financial data published by Dr. Samih Al-Attout for Al-Quds Pharmaceutical Company, disclosed for the first half of 2025, shows significant improvement in performance, largely attributed to a considerable increase in sales with a growth rate of nearly 27%.
An important factor indicat...
Energy Authority Launches Strategic Projects to Enhance the Electricity Sector in Hebron
SadaNews - The head of the Energy and Natural Resources Authority, Engineer Ayman Ismail, announced today, Sunday, the launch of a series of vital projects in the Hebron Governorate, following the visit of Prime Minister Dr. Mohammed Mustafa to the governorate last Thursday, where he was briefed on...
Insurance Companies Union condemns the crime of shooting one of the employees of the Natio...
SadaNews - The Palestinian Union of Insurance Companies condemns the crime of shooting committed by a group of outlaws against an employee of the insurance company in front of the company's headquarters last Thursday in the city of Ramallah.
The statement issued by the union today, Sunday, emphasiz...
Saudi Arabia: Growth in Industrial Production Amid Oil Recovery
SadaNews - The growth of industrial production in Saudi Arabia accelerated to 7.9% in June 2025, marking the highest rate of increase since the new calculation mechanism for the index was adopted in 2024, according to data from the General Authority for Statistics released today.
This performance w...
Arab Bank Wins the Middle East Award for "The Banker Technology Awards" for 2025
SadaNews - The London-based magazine "The Banker," owned by the Financial Times Group, awarded Arab Bank the "Middle East Award for The Banker Technology Awards for 2025," which highlights excellence in financial innovation by honoring the most innovative, creative, and influential banks in the fiel...
Artificial Intelligence Sets Ticket Prices by Exploiting Traveler Data
SadaNews - Frequent travelers and consumer rights advocates have long complained about the complex nature of airline ticket prices. Discounted tickets can quickly become expensive through "drip pricing," which imposes additional charges for amenities that were previously free, such as baggage deposi...