Economic News

Back to Homepage
Israel Extends Banking Relationship with Palestinian Banks for Two Additional Weeks

Israel Extends Banking Relationship with Palestinian Banks for Two Additional Weeks

SadaNews - Sources confirmed to "SadaNews" that Israel has decided to extend the banking relationship with Palestinian banks for an additional two weeks until 28/6/2026. It is noted that Israel had previously extended this relationship for two weeks, which ended yesterday. According to the same so...
Crop Prices Decline with Anticipation of the Reopening of the Strait of Hormuz

Crop Prices Decline with Anticipation of the Reopening of the Strait of Hormuz

SadaNews - Futures contracts for grains in Chicago have declined, as a potential reopening of the Strait of Hormuz could improve access to vital inputs for crops, helping to mitigate risks threatening food inflation due to the ongoing war for months. The United States and Iran have announced that t...
Slight Acceleration of Saudi Inflation with Rising Transportation and Food Prices

Slight Acceleration of Saudi Inflation with Rising Transportation and Food Prices

SadaNews - The transportation and food sectors have strengthened their contributions to driving inflation in Saudi Arabia during May 2026, at a time when the pressures resulting from housing costs, which have been the main driver of prices over the past two years, began to gradually decline. Data f...
How Much Has the Cost of Living in the West Bank Increased Since the Events of October 7 Until Today?

How Much Has the Cost of Living in the West Bank Increased Since the Events of October 7 U...

Exclusive to SadaNews: Despite the fact that the events of October 7, 2023, and the subsequent genocide in the Gaza Strip and widespread aggression in the West Bank, have led to serious economic impacts, such as the rise in unemployment rates to over 30%, even though it did not drop below 14% in the...
Does Ending the Iran War Give Kevin Warsh an Opportunity to Avoid Raising Interest Rates This Year?

Does Ending the Iran War Give Kevin Warsh an Opportunity to Avoid Raising Interest Rates T...

SadaNews - The new chairman of the U.S. Federal Reserve, Kevin Warsh, may be one of the most prominent beneficiaries in the economic world from halting military operations between the United States and Iran and the imminent reopening of the Strait of Hormuz. The announcement of the completion of th...
Shipowners Await Clarity on Hormuz Agreement as 600 Tankers Prepare to Depart

Shipowners Await Clarity on Hormuz Agreement as 600 Tankers Prepare to Depart

SadaNews - The agreement that could lead to the reopening of the Hormuz Strait in a matter of days has been received with caution by shipowners and traders, many of whom stated that they would wait for more details to assess the likelihood of ensuring safe passage, following months of failed attempt...
Currency Exchange Rates Against the Shekel on Monday (June 15)

Currency Exchange Rates Against the Shekel on Monday (June 15)

SadaNews - The currency exchange rates against the shekel today, Monday (June 15), are as follows:
Gold and Silver Prices Witness Slight Increase After Agreement Between Iran and America

Gold and Silver Prices Witness Slight Increase After Agreement Between Iran and America

SadaNews - The gold prices in today’s spot transactions reached $4,328 per ounce, while the silver prices stabilized at $70 per ounce. This slight increase comes after the announcement of an agreement between America and Iran, paving the way for a new phase of negotiations. Currently, the precious...
Oil Prices Fall After Agreement Between America and Iran and Opening of Hormuz

Oil Prices Fall After Agreement Between America and Iran and Opening of Hormuz

SadaNews - Oil prices dropped after U.S. President Donald Trump announced an agreement with Iran that ends the war in the Middle East, potentially allowing for the reopening of the Strait of Hormuz. Brent crude fell by about 4% to below $84 per barrel, after closing last week at its lowest level in...
Under the Patronage and Attendance of the Prime Minister.. The Women Entrepreneurs Forum and Bank of Palestine Launch the "Excellence Award for Women Entrepreneurs 2026"

Under the Patronage and Attendance of the Prime Minister.. The Women Entrepreneurs Forum a...

SadaNews - Today, the Bank of Palestine, in partnership with the Women Entrepreneurs Forum, launched the "Excellence Award for Women Entrepreneurs 2026," a competition aimed at encouraging female entrepreneurs and businesswomen to develop their projects and enhance their presence in the ec...
The Monetary Authority and the Ministry of National Economy Organize a Training Course to Enhance the Readiness of Staff Working on the E-Commerce Platform

The Monetary Authority and the Ministry of National Economy Organize a Training Course to...

SadaNews - The Monetary Authority and the Ministry of National Economy organized a training course aimed at enhancing the readiness of staff working on the e-commerce platform and developing their skills in dealing with the operational and regulatory procedures related to the platform. The course al...
Jordan's Central Bank: Total remittances to the Kingdom increased by 13.3% during the first third of 2026

Jordan's Central Bank: Total remittances to the Kingdom increased by 13.3% during the firs...

SadaNews - The preliminary data issued by the Central Bank of Jordan indicates that the total remittances received by the Kingdom rose by 13.3% during the first third of 2026, reaching 1,616.4 million dollars. Meanwhile, remittances issued from the Kingdom increased by 16.5%, amounting to 640.3 mill...