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Oil Prices Fall as Attention Shifts to Oversupply Concerns
SadaNews - Oil prices dropped after a three-day rally as negative forecasts overshadowed fears of potential supply disruptions due to geopolitical tensions.
The price of West Texas Intermediate crude fell 2% to settle below $63 per barrel, after the International Energy Agency indicated it expects...
Gold Price Nearing Its Historical Peak as the Federal Reserve's Decision Time Approaches
SadaNews Economy - Gold is on track to achieve gains for the fourth consecutive week, supported by expectations of the U.S. Federal Reserve cutting interest rates, along with increasing inflows into gold-backed exchange-traded funds.
The price of gold bullion rose to $3,650 per ounce, an increase o...
Exchange Rates of Currencies Against the Shekel (September 12)
SadaNews - The exchange rates of currencies against the shekel today, Friday (September 12), are as follows:
-Dollar: 3.32
-Dinar: 4.68
-Euro: 3.89
The Arab Islamic Bank Launches the Volunteer Program "Together We Grow"
SadaNews - The Arab Islamic Bank announced the launch of the "Together We Grow" volunteer program, a step that reflects its firm commitment to social responsibility and sustainability, and to instilling the values of solidarity and giving in Palestinian society. The program aims to engage...
Ambiguity in Asian Stocks Amid Expectation for U.S. Inflation Data
SadaNews - Asian stock indices stabilized on Thursday, after some major technology companies in the region showed positive performance ahead of the highly anticipated U.S. inflation data later today.
The main indices in Japan, South Korea, and mainland China recorded gains, while their counterparts...
أسعار صرف العملات مقابل الشيكل اليوم الخميس (11 أيلول)..
Stability of Gold Price Near Its Peak Following Shocking Data
SadaNews - The price of gold stabilized just below its historical highs after unexpected data showed a decline in producer prices in the United States, bolstering expectations that the Federal Reserve will move towards easing monetary policy.
The price of an ounce recorded about $3,642, which is...
Stability in Oil Prices Following Three Days of Rise
SadaNews - Oil prices stabilized after a rise that lasted three days, as investors awaited comments from U.S. President Donald Trump regarding Russia, and the potential for him to take additional steps to punish Moscow in light of the war in Ukraine.
Trump had raised doubts in a social media post o...
Governor of the Monetary Authority Meets with the Head of the Swiss Representation Office...
SadaNews Economy - The Governor of the Monetary Authority, Mr. Yahya Shanar, met today in his office in Ramallah with Ms. Anne-Lise Katen-Heinen, the head of the Swiss Representation Office in Palestine, along with her accompanying delegation.
The Governor briefed Ms. Heinen on the reality of the P...
Expectations for a Sharp Decline in Oil Prices in the Coming Months
SadaNews - The U.S. Energy Information Administration, in a report released today Tuesday, expected global oil prices to decline significantly in the coming months, as the increase in production by OPEC+ member countries will lead to a large accumulation of oil inventories.
The Energy Information...
Trump Presses Again on the Federal Reserve After Producer Price Data
SadaNews - U.S. President Donald Trump renewed his attack on Federal Reserve Chairman Jerome Powell just minutes after the release of data from the U.S. Producer Price Index, demanding a "significant and immediate" cut in interest rates.
After data indicated that the U.S. Producer Price Index exper...
Launch of the Second Group of Agricultural Project Package within 350 Projects at a Total...
SadaNews - Under the patronage and attendance of Prime Minister Dr. Mohammad Mustafa, the Ministry of Agriculture, in partnership with the Food and Agriculture Organization of the United Nations (FAO), launched approximately 50 agricultural projects as part of the second group of an agricultural pro...