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The Federal Structure Under Scrutiny with Trump’s Moves and Changing Power Dynamics
SadaNews - Regardless of what happens at the Federal Reserve's meeting in September, it will seem pale in comparison to a comprehensive reconsideration of the structure of the U.S. central bank, a possibility raised by Donald Trump's nomination of Stephen Miran to temporarily fill the vacant seat on...
Ministry of Agriculture and Al Baraka Islamic Insurance Company Sign Agreement to Implemen...
SadaNews - Today, Monday, the Ministry of Agriculture signed a cooperation agreement with Al Baraka Islamic Insurance Company, as part of the "Building Palestinian Agricultural Insurance Systems and Services" project, funded by the European Union and implemented by Oxfam and the Palestinian Economic...
Economic Media Alliance Discusses Banking Reality with the Monetary Authority
SadaNews - The Economic Media Alliance held a press meeting with the Palestinian Monetary Authority, attended by the Governor of the Monetary Authority Yahya Shanar, his deputy Mohammad Mnasra, and several department managers at the Monetary Authority. Various issues related to the banking sector in...
Exclusive - Head of the Gas Stations Association: Accumulation of Cash Flows Exceeding 150...
SadaNews - Osama Musleh, head of the Gas Stations Association in the West Bank, confirmed that the fuel and gas sector is facing a real and escalating crisis, especially in light of the current banking procedures and the banks' failure to adhere to the instructions of the Palestinian Monetary Author...
Oil Prices Fall Amid Expectations of a Breakthrough in US-Russia Negotiations on Ukraine
SadaNews - Oil prices fell in early Asian trading on Monday, continuing their losses of over 4% last week due to the increase in US tariffs on its trading partners, OPEC's rising production, and expectations that the US and Russia are close to an agreement to cease fire in Ukraine.
Brent crude futu...
Gold Prices Decline as Geopolitical Fears Ease
SadaNews - Gold prices fell on Monday, as demand for the metal as a safe haven decreased due to signs of easing geopolitical risks, while investors await the upcoming U.S. inflation data, which may provide signals regarding the path of interest rates at the Federal Reserve.
Spot gold dropped by 0.7...
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...