Economic News
Back to Homepage
Smotrich Threatens New Deduction from Palestinian Clearance Under the Title 'Waste'
Translation by SadaNews: Israeli Finance Minister Bezalel Smotrich announced that his government will obligate the Palestinian Authority to bear the costs of waste removal if it fails to do so, stressing that these expenses will be deducted from the Authority's own resources.
Smotrich explain...
Site 972+: Warnings of an Imminent Collapse of the Israeli Extermination Economy
SadaNews - The Israeli economist Shir Hever, who studies the economic aspects of the Israeli occupation of Palestinian territories, explains how the war mobilization in Gaza has supported a "zombie" economy that appears to be functioning but lacks any future prospects.
Writer Amos Brinson from the...
Egypt and Jordan Sign Contract for Electric Power Exchange for 2026
SadaNews - Egypt and Jordan have signed a new contract for the exchange of electric power for 2026, as part of strengthening bilateral cooperation between the two countries in the field of energy and electrical connectivity.
Egypt's Minister of Electricity and Renewable Energy, Mohamed Ismat, state...
Housing Bank Contributes to Covering the Needs of the National Newborn Hearing Screening P...
SadaNews - Driven by its commitment to enhance its community role and its continuous effort to strengthen partnership with health and national institutions, the Housing Bank contributed to covering the needs of the National Newborn Hearing Screening Program implemented by the Palestine Think Tank in...
Quds Bank Holds Annual Meeting to Review Performance and Plans for the Next Phase
SadaNews - As part of its institutional approach aimed at evaluating performance and outlining the features of the upcoming phase, Quds Bank held its annual meeting in the presence of the Chairman of the Board Akram Jarab, board members, CEO Muhammad Shawar, department heads, and section managers. T...
US sanctions may force Venezuela to close oil wells within days
SadaNews - Venezuela may soon have to start closing some oil wells due to a lack of storage capacity, following the seizure of a tanker last week and the United States' plans to prevent other sanctioned ships.
According to people familiar with the situation who requested anonymity because the infor...
Exchange Rates of Currencies Against the Shekel Thursday (December 18)
SadaNews - The exchange rates of currencies against the shekel today, Thursday (December 18), are as follows:
Oil Prices Continue to Rise Amid Escalating Geopolitical Tensions
SadaNews - Oil prices rose for the second consecutive day, as the geopolitical risks stretching from Venezuela to Russia outweighed the negative global supply forecasts.
Brent crude, the global benchmark, initially rose to nearly $61, before pulling back some gains during the day after U.S. Preside...
The Shekel Approaches Record Levels... The Market Awaits: When Will the Bank of Israel Int...
SadaNews Economics Translation - The Israeli shekel is approaching its highest level in four years against the dollar, having reached an exchange rate of 3.22. This represents an increase of more than 10% over the past year, which is considered a mitigating factor for inflation and reflects the stre...
Gold prices near $4330 an ounce
SadaNews - The price of gold stabilized near a record level as investors closely monitor escalating tensions in Venezuela while awaiting U.S. inflation data. Meanwhile, platinum continued its rapid rise, increasing by up to 4%.
The precious metal traded near $4330 an ounce after rising by 0.8% on W...
National Bank Renews Partnership with Flow Business Accelerator within the Orange Corners...
SadaNews - The National Bank and Flow business accelerator announced the renewal of their partnership agreement under the "Orange Corners" program, supported by the Dutch government, in support of Palestinian youth entrepreneurship and contributing to the development of innovative technolo...
Economist: Digital Currencies Compete with Banks for Financial Dominance
SadaNews - Digital currencies are no longer a marginal sector that can be ignored or ridiculed by Wall Street, but have transformed - according to an analysis published by The Economist - into a financial and political power that threatens the historical position of banks within the US financial sys...