Economic News
Back to Homepage
الشركات السعودية تعيد هيكلة إنفاقها وسط استمرار الزخم الاستثماري
Increase in Exports to Israel During September 2025
SadaNews - Exports in September 2025 increased by 48% compared to September 2024, reaching a value of 184.1 million USD.
Exports to Israel in September 2025 rose by 47% compared to September 2024, accounting for 90% of the total export value for September 2025. Exports to other countries also inc...
China Continues to Lead the Global Scene in Base Metals
SadaNews - A clearer picture is now emerging regarding Beijing’s plans to ease restrictions on the export of rare earth metals and other base metals following the meeting between Presidents Donald Trump and Xi Jinping in October in Busan, South Korea.
The pressure seems to have eased curren...
Currency Exchange Rates Against the Shekel on Sunday (November 23)
SadaNews - The currency exchange rates against the shekel today, Sunday (November 23), are as follows:
Global Coffee Prices Fall After Trump Cancels Tariffs on Brazil
Economy SadaNews - Global coffee prices have fallen after U.S. President Donald Trump canceled a 40% tariff on imports of Brazilian agricultural products, including coffee and cocoa, in response to increasing concern among American consumers about rising food costs.
A Reuters/Ipsos poll showed that...
Al Baraka Islamic Insurance Company Announces Its Financial Results for 2024
Economy SadaNews - Al Baraka Islamic Insurance Company announced its audited annual financial results for 2024 following the completion of its accounts audit by Talal Abu Ghazaleh and Partners International, which revealed a significant improvement in most financial and operational performance indic...
Currency Exchange Rates Against the Shekel (November 22)
SadaNews Economy - The exchange rates of currencies against the shekel today, Saturday (November 22), are as follows:
-Dollar: 3.27
-Dinar: 4.61
-Euro: 3.76
Palestine Bank Among 'First Bank' List of Top 100 Banks in the Arab World
SadaNews - "First Bank" has issued a new ranking of the top 100 banks in the Arab world by the end of 2024, with Palestine Bank coming in at 77th place, having assets exceeding $10.5 billion.
The ranking is based on a descending order of banks according to the reported asset sizes in US dollars, pr...
Syria Officially Returns to the SWIFT System
SadaNews Economy - Central Bank of Syria Governor Abdul Qadir Al-Hosari stated that the bank sent its first "SWIFT" message to the Federal Reserve Bank in New York on Thursday.
Reuters quoted Al-Hosari as saying, "We sent a greeting (message) to all international correspondent banks. We started wit...
Egypt buys 80 LNG shipments from US 'Hartree Partners' for 4 billion dollars
Economie Sada - Egypt has agreed to purchase approximately 80 shipments of liquefied natural gas from the American company "Hartree Partners" for a value of 4 billion dollars, with shipments set to begin in January, according to an Egyptian government official speaking to "Asharq"...
Issuing Bonds: A Gap Between Government Aspirations and the Banking Sector’s Perspective
Exclusive to SadaNews: Ongoing debate has persisted since last month’s announcement of a decision by Law No. (20) for the year 2025 to amend the Public Debt Law No. (24) for the year 2005. There are supporters and opponents to the provisions of this law, but the idea of the government issuing bonds...
Gold price heading for slight weekly loss as interest rate cut chances fade
SadaNews - The gold price is heading toward a slight weekly decline, after the latest US jobs report showed mixed signals that were not sufficient to push the Federal Reserve toward a rate cut.
The price of the precious metal dropped to about $4,037 an ounce on Friday, down approximately 0.5% for t...