Economic News

Back to Homepage
Palestine Investment Bank Signs Framework Agreement to Provide Financing for Projects and Companies within an EU-Funded Program

Palestine Investment Bank Signs Framework Agreement to Provide Financing for Projects and...

SadaNews - The Palestine Investment Bank, represented by General Manager Dr. Samih Subih, and the Palestinian Monetary Authority, represented by Deputy Governor Muhammad Mansara, signed a framework agreement aimed at providing loan financing for small and medium-sized enterprises within a financing...
The Jerusalem District Water Authority Calls on Subscribers to Settle Their Debts and Benefit from Available Facilities

The Jerusalem District Water Authority Calls on Subscribers to Settle Their Debts and Bene...

SadaNews - The Jerusalem District Water Authority continues to implement its campaign aimed at rectifying the financial situations of subscribers, as part of its efforts to facilitate the repayment of accumulated debts and enable citizens to benefit from the available facilities to settle their fina...
Gasoline gallon at 30,000 pounds.. Fuel crisis strangles the Sudanese capital

Gasoline gallon at 30,000 pounds.. Fuel crisis strangles the Sudanese capital

SadaNews - The Sudanese capital, Khartoum, along with its three cities, Khartoum, Omdurman, and Khartoum North, as well as several states, has faced a fuel crisis that has persisted over the past weeks, affecting transportation, economic activities, and the daily lives of citizens. During the peak...
Qatar Returns Gas Carriers to the Middle East in Preparation for Reopening the Strait of Hormuz

Qatar Returns Gas Carriers to the Middle East in Preparation for Reopening the Strait of H...

SadaNews - Qatar begins to return some of its liquefied natural gas carriers to the Middle East, as it prepares, as one of the world's largest LNG suppliers, to increase its exports with the reopening of the Strait of Hormuz following an agreement between the United States and Iran. Tracking data h...
Oil Prices Near Lowest Level in Three Months Amid Expectations of Increased Supply

Oil Prices Near Lowest Level in Three Months Amid Expectations of Increased Supply

SadaNews - Oil prices stabilized near their lowest level in three months, amid expectations that a U.S.-Iran agreement to reopen the Strait of Hormuz will lead to a significant increase in supply. Brent crude is trading below $80 a barrel, after a 15% drop over four days, marking the longest losing...
Gold prices approach $4,324 per ounce

Gold prices approach $4,324 per ounce

SadaNews - Precious metal markets have experienced severe fluctuations during the American-Israeli war on Iran. Today, Wednesday, the price of gold was recorded close to $4,324 per ounce, while silver prices approached the $70 per ounce mark. Experts and analysts link these ongoing fluctuations to...
Currency Exchange Rates Against the Shekel on Wednesday (June 17)

Currency Exchange Rates Against the Shekel on Wednesday (June 17)

SadaNews - The currency exchange rates against the shekel today, Wednesday (June 17), are as follows:
Palestine Chairs Meetings of the Executive Council of the Arab Organization for Communication and Information Technology

Palestine Chairs Meetings of the Executive Council of the Arab Organization for Communicat...

Sada News - Today, Tuesday, Huda Al-Wahidi, Deputy Minister of Communications and Digital Economy, opened the meetings of the Executive Council of the Arab Organization for Communication and Information Technology in Tunisia, representing the State of Palestine as the current president of the organi...
Housing Leads Construction Recovery in Saudi Arabia Despite Cost Pressures

Housing Leads Construction Recovery in Saudi Arabia Despite Cost Pressures

SadaNews - The Saudi construction sector returned to a growth trajectory in May, supported by a strong revival in residential construction activity and renewed growth in new orders, indicating a recovery of one of the most critical sectors tied to the kingdom's economic diversification agenda af...
The Return of the Strait of Hormuz Drives Wall Street Giants to Lower Oil Price Predictions

The Return of the Strait of Hormuz Drives Wall Street Giants to Lower Oil Price Prediction...

SadaNews - Major banks on Wall Street have lowered their oil price forecasts for the upcoming quarters, amid growing optimism for the return of crude supplies from the Middle East following the temporary agreement to reopen the Strait of Hormuz. "Morgan Stanley" and "Goldman Sachs" revised their es...
MAS Study: Calls for Stimulating the Construction Sector to Address the Rising Unemployment Crisis in Palestine

MAS Study: Calls for Stimulating the Construction Sector to Address the Rising Unemploymen...

SadaNews - The Palestinian Economic Policy Research Institute (MAS) has issued a new study titled "The Capacity of the Construction Sector in the West Bank to Absorb Palestinian Workers Displaced from the Israeli Labor Market Following the War on the Gaza Strip." The study aimed to diagnose the real...
Palestine Bank Launches New Campaign for Card Payment and 'Quick QR' to Win Special Prizes

Palestine Bank Launches New Campaign for Card Payment and 'Quick QR' to Win Special Prizes

SadaNews - Palestine Bank has launched its new promotional campaign for card payment methods and "Quick QR", which provides its customers with continuous opportunities to win weekly cash prizes totaling $10,000, alongside the grand prize of an environmentally friendly electric car at the e...