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Gold Heads for Second Consecutive Weekly Gains
SadaNews Economy - Gold futures jumped to a new level in early Friday transactions, following a report indicating that the United States has imposed tariffs on gold bullion imports weighing one kilogram.
Gold is poised to record gains for the second consecutive week in spot trading, benefiting from...
Currency Exchange Rates Against the Shekel on Friday (August 8)
SadaNews Economy - The currency exchange rates against the shekel today, Friday (August 8), are as follows:
Dollar: 3.44
Dinar: 4.86
Euro: 3.98
For the second consecutive year, the National Bank launches a campaign to encourage univer...
SadaNews - To promote a culture of electronic payment and encourage customers to switch to using smart payment methods, the National Bank has launched for the second consecutive year a campaign aimed at Palestinian university students to motivate them to pay their university installments through the...
Arab Islamic Bank and Ramallah and Al-Bireh Governorate Discuss Means of Joint Cooperation
SadaNews - The Governor of Ramallah and Al-Bireh, Dr. Leila Ghannam, and her accompanying delegation visited the headquarters of the Arab Islamic Bank's General Administration, where she was received by Mr. Hani Naser, the bank's General Manager, Mr. Nizham Al-Zamel, Director of Individual Banking,...
Israel Signs Largest Export Deal in Its History Worth $35 Billion
SadaNews Economics - NewMed, a partner in the Israeli Leviathan natural gas field, announced on Thursday that the field has signed an agreement worth up to $35 billion to supply gas to Egypt, marking the largest export deal in Israel's history.
The Leviathan field, located off the coast of Israel i...
British-Palestinian Meeting in Hebron to Discuss the Financial Crisis's Impact on the Priv...
SadaNews - Sir Michael Barber, the British Special Envoy for Governance Affairs in the Palestinian Authority, met with private sector leaders in the city of Hebron to directly hear about the impact of the financial crisis on the local economy and public services, and to discuss practical ways forwar...
Israel Bank Opens Door for Insurance Companies to Establish Small Banks
SadaNews Economy - The joint ministerial team formed by Finance Minister Bezalel Smotrich and Bank of Israel Governor Professor Amir Yaron has recommended allowing holding companies of insurance firms to obtain licenses to establish flexible small banks.
According to the Hebrew economic newspaper C...
In June, the South Korean Central Bank Records Highest Current Account Surplus
SadaNews - Data from the South Korean Central Bank, released this Thursday, showed that the highest current account surplus was recorded in June, attributed to a rise in exports.
The South Korean news agency "Yonhap" reported that the Central Bank's data revealed the current account surplus reached...
Ignoring Trump's Statements, Gold Prices Stabilize at $3,370 an Ounce
SadaNews - Gold prices stabilized after moderate losses, as traders ignored the uncertainty triggered by the latest trade moves of U.S. President Donald Trump, including his threat to impose a 100% tariff on semiconductor imports.
Gold settled at around $3,370 an ounce after declining by 0.3% in th...
Rise in Oil Prices.. and Washington Doubles Tariffs on India Over Russian Oil Purchases
SadaNews - Oil prices have risen slightly after a five-day decline, the longest since May, as investors monitor U.S. efforts to punish buyers of Russian crude and the diplomatic moves led by U.S. President Donald Trump to end the Ukraine war.
Brent crude climbed above $67 a barrel, recovering a sma...
Currency Exchange Rates Against the Shekel on Thursday (August 7)
SadaNews - The currency exchange rates against the shekel today, Thursday (August 7), are as follows:
Slovenia Imposes Ban on Imports from Territories Occupied by Israel
SadaNews - The government of Slovenia announced that it has imposed a ban on the import of goods produced in Palestinian territories occupied by Israel, and it has also approved an additional aid package for Palestinians in Gaza.
It confirmed in a statement released today, Wednesday, on the governm...