Economic News
Back to Homepage
Announcement of Power Outage in Areas of Bethlehem Governorate
SadaNews: The Jerusalem District Electricity Company expresses its regret for the need to cut off the electricity supply on Thursday, September 25, 2025, during the times specified below, affecting the following areas in Bethlehem Governorate:
• From 8:30 AM to 3:00 PM: Parts of Beit Sah...
Gold Prices See Slight Increase as Investors Monitor Federal Reserve Statements
SadaNews - The trading price of gold was below its peak as investors monitored statements from Federal Reserve officials, led by Jerome Powell, alongside escalating geopolitical tensions with Russia.
Gold prices saw a slight increase to around $3,775 per ounce, distancing itself by only about $20 f...
Construction Costs in the West Bank Show Decline in August 2025
SadaNews - Decline in the Construction Cost Index for Residential Buildings
The costs of building residential buildings in the West Bank recorded a decline of 0.24% during August 2025 compared to July 2025; the construction cost index for residential buildings dropped to 120.60 from 120.89 in the...
OECD Expects Three More Interest Rate Cuts
SadaNews - The OECD has indicated that the Federal Reserve may cut interest rates three more times despite U.S. inflation surpassing targets, amid expectations of an economic and labor market slowdown.
The Paris-based organization currently predicts that U.S. interest rates will decline to a range...
Oil Prices Maintain Gains Amid Rising Tensions with Russia and Supply Risks
SadaNews - Oil prices extended their gains, reaching their highest level in a week, after U.S. President Donald Trump escalated his rhetoric against Russia, while traders awaited any potential supply disruptions from an OPEC+ member.
Brent crude rose towards $68 per barrel after climbing 1.6% on Tu...
Announcement of Power Cut in Areas of Ramallah and Al-Bireh Governorate
SadaNews - The Jerusalem District Electricity Company announces, with regret, its necessity to cut off the electricity from 8:30 AM to 3:30 PM on the days and dates specified below for each of the following areas in Ramallah and Al-Bireh Governorate:
Wednesday, 24/9/2025:
Parts of Al-Tireh, includ...
The Fed Cuts Rates for the First Time This Year.. Will It Continue?
SadaNews - In line with expectations, the U.S. Federal Reserve took its first rate cut of 2025 on Wednesday.
But will the central bank continue to follow predictions by enacting two additional cuts before the end of the year? The data does not suggest that.
Forecasts in the futures market over...
Currency Exchange Rates Against the Shekel on Wednesday (September 24)
SadaNews - The currency exchange rates against the shekel today, Wednesday (September 24), are as follows:
The Ministry of Labor and the International Labour Organization Sign an Agreement to Suppo...
SadaNews Economy - The Minister of Labor and Chairperson of the Palestinian Employment Fund, Dr. Inas Al-Attari, signed an agreement with the representative of the International Labour Organization in Palestine, Daniel Cork, to implement the Economic Recovery for Businesses Initiative (JRS/HAD) as p...
Economic Expert to SadaNews: "Disbursing 200 Million Dollars to Palestine Will Cover Part...
SadaNews - As the donors' conference approaches on the 25th of this month in New York, questions are increasing among Palestinian citizens regarding the possibility of paying full salaries to government employees, especially after four countries (France, Norway, Spain, Saudi Arabia) announced an ini...
Following Trump's Tariffs.. China Floods the World with Cheap Exports
SadaNews - Chinese exports, driven by President Xi Jinping, have continued to surge robustly even five months after the imposition of high U.S. tariffs, leading the country towards a record trade surplus estimated at $1.2 trillion.
With access to the U.S. market restricted, Chinese manufacturers be...
Exchange Rates of Currencies Against the Shekel on Tuesday (September 23)
SadaNews - The exchange rates of currencies against the shekel today, Tuesday (September 23), are as follows: