Economic News
Back to Homepage
Suspension of Some Operations at Fujairah Port in the UAE Following Drone Attack
SadaNews - Bloomberg reported on Saturday that some oil loading operations at the UAE's Fujairah Port, located outside the Strait of Hormuz, have stopped following a drone attack and a fire that broke out this morning.
The Fujairah Port is considered one of the vital ports in the region and is impo...
Exchange Rates of Currencies Against the Shekel (March 14)
SadaNews Economy - The exchange rates of currencies against the shekel on Saturday (March 14) are as follows:
-Dollar: 3.14
-Dinar: 4.43
-Euro: 3.58
World's Largest Bank Warns of War's Impact on Israeli Economy
SadaNews Economy - It seems that the continuation and expansion of the war have begun to impose an increasing burden on the Israeli economy. After the Israeli government revised the budget project and allocated substantial amounts to finance the war, JPMorgan, the largest bank in the world, took the...
Informed sources to "SadaNews": Israel extends banking relationship with Palestinian banks...
SadaNews - Informed sources told "SadaNews" that Israel has decided to extend the banking relationship with Palestinian banks for only two weeks, until 26/3/2026.
According to the same sources, the correspondent Israeli banks informed their Palestinian counterparts of this decision.
Oil prices head for strong weekly gains
SadaNews Economy - Oil prices are on track to record strong weekly gains today, Friday, despite the United States' efforts to quell fears of supply shortages by issuing a 30-day license allowing countries to purchase Russian oil and petroleum products stranded at sea.
Brent crude contracts for May...
Currency Exchange Rates Against the Shekel (March 13)
SadaNews Economy - The currency exchange rates against the shekel today, Friday (March 13), are as follows:
-Dollar: 3.14
-Dinar: 4.42
-Euro: 3.61
Total: Continuation of SATORP Operations in Saudi Arabia and Suspension of 15% of Regional...
SadaNews Economy - TotalEnergies announced extensive precautionary measures to address current security tensions, confirming that it has effectively begun to stop or suspend production at several strategic sites in the Middle East, while revealing flexibility in its global asset portfolio to compens...
Report: The Government and the Endless Cycle of Bank Borrowing at the Expense of a Whole E...
- Analysts: The government and the endless cycle of bank borrowing at the expense of a whole economy teetering under the weight of destruction
- The current management of the financial crisis threatens the stability of the banking sector and warns of serious economic repercussions
- A question...
Palestine Bank and New Cash Company Sign Agreement to Enhance Electronic Payment Services
SadaNews Economy - The Palestine Bank signed a cooperation agreement with New Cash aimed at developing electronic payment services and expanding the range of digital financial solutions, at the bank's headquarters.
The signing ceremony was attended by the CEO of Palestine Bank, Muhammad Shawa...
Palestinian Islamic Bank Concludes Its Participation in Sponsoring Ramadan Market 2026 Eve...
SadaNews - The Palestinian Islamic Bank has concluded its participation in sponsoring the Ramadan Market 2026 events organized by the Ramallah Municipality in partnership with several other sponsors from the private sector.
The bank's participation in the Ramadan Market events, which took place at...
A Study by "MAS" Highlights the Role of Unofficial Internet Service Providers in Supportin...
SadaNews - The Palestinian Economic Policy Research Institute (MAS), in partnership with Global Communities (GC) and funded by the Swedish government, has released a new study titled "Unofficial Internet Service Providers and Their Potential Role in Promoting Digital Shopping and Electronic Pay...
Egypt Increases Refining Capacity by 10% to Meet Demand and Reduce Import Bill
SadaNews - Egypt has raised the operational capacity of its refineries by about 10% in March to reach 650,000 barrels per day compared to 590,000 barrels per day in February, aiming to meet local market needs and reduce the bill for importing petroleum products, which have seen global price increase...