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"European Central Bank" Raises Interest Rates for the First Time Since 2023

"European Central Bank" Raises Interest Rates for the First Time Since 2023

SadaNews - The European Central Bank has decided to raise interest rates for the first time in nearly three years, with an increase of 25 basis points, bringing the main interest rate to 2.25%. At the same time, the bank raised its inflation forecast for this year to 3% compared to previous estimat...
The Monetary Authority Launches Manual Registration Service in the iDplus Digital Identity System for Citizens of Gaza Strip

The Monetary Authority Launches Manual Registration Service in the iDplus Digital Identity...

SadaNews - The Palestinian Monetary Authority announced the launch of manual registration service in the iDplus digital identity system for citizens of the Gaza Strip, starting Wednesday, June 17, 2026. The Monetary Authority confirmed that the provision of the manual registration service comes in...
US Inflation Hits Highest Level in Three Years

US Inflation Hits Highest Level in Three Years

SadaNews - US inflation reached its highest level in three years during May, driven by rising energy and fuel prices amid the repercussions of the war in the Middle East and tensions affecting global oil markets. According to data released by the "U.S. Bureau of Labor Statistics" on Wed...
United Global Insurance Company Participates in Annual Employment Events

United Global Insurance Company Participates in Annual Employment Events

SadaNews - The United Global Insurance Company participated in the annual employment day organized by Birzeit University. This event took place on the university campus, with broad participation from leading Palestinian institutions and companies, as well as hundreds of students and graduates from...
The Launch of QR Quick Service by the Palestinian Monetary Authority Will Initiate a Quantum Leap in the Electronic Payment System in Palestine

The Launch of QR Quick Service by the Palestinian Monetary Authority Will Initiate a Quant...

SadaNews Report: The Palestinian Monetary Authority announced the launch of the "QR Quick" electronic payment service starting from Sunday, June 14, 2026, through the iBuraq system available in all banking and electronic wallet applications, in a new step aimed at developing the digital payment syst...
Decrease in Building Licenses in Palestine in Q1 2026

Decrease in Building Licenses in Palestine in Q1 2026

SadaNews Economy - The Palestinian Central Bureau of Statistics reported that the number of licenses issued in Palestine during the first quarter of 2026 decreased by 13% compared to the fourth quarter of 2025. Meanwhile, the number of licenses issued saw an increase of 27% compared to the correspon...
Oil Prices Rise Amid Escalating Tensions Between the US and Iran

Oil Prices Rise Amid Escalating Tensions Between the US and Iran

SadaNews Economy - Oil prices rose today, Thursday, after the United States began launching attacks against Iran, reviving fears of a return to comprehensive war in the region. Just hours after the onset of US strikes, the Supreme Joint Military Command in Iran announced the closure of the Strait...
Gold Fluctuates in Turbulent Trading After New U.S. Strikes on Iran

Gold Fluctuates in Turbulent Trading After New U.S. Strikes on Iran

SadaNews - Gold experienced sharp fluctuations after the United States completed a new round of strikes against Iran, which heightened risks in a war that has shaken global markets and fueled inflation fears. Gold prices were recorded near $4,080 per ounce. The U.S. military stated that it had com...
Currency Exchange Rates Against the Shekel on Thursday (June 11)

Currency Exchange Rates Against the Shekel on Thursday (June 11)

SadaNews - The currency exchange rates against the shekel today, Thursday (June 11), are as follows:
"Rafael": Israeli Ministry of Defense's Billions in Debt Harm Our Operational Capacity

"Rafael": Israeli Ministry of Defense's Billions in Debt Harm Our Operational Capacity

SadaNews - The Director General of the Israeli military industries company "Rafael", Yoav Turjeman, revealed that the debts accumulated by the Israeli Ministry of Defense towards the company are affecting its operational capacity, urging the state to repay its dues as soon as possible. Turjeman's s...
China Withdraws from Its Oil Reserves to Contain the Impacts of Gulf Shock

China Withdraws from Its Oil Reserves to Contain the Impacts of Gulf Shock

SadaNews - China has begun withdrawing from its commercial oil reserves to contain the supply shock caused by the war in Iran, although the world's largest oil importer continues to prioritize reducing refinery operating rates and imposing restrictions on fuel exports to deal with the crisis's reper...
Exclusive SadaNews: Israeli Discount Bank Decides to End Its Relationship with Palestinian Banks

Exclusive SadaNews: Israeli Discount Bank Decides to End Its Relationship with Palestinian...

Exclusive SadaNews: The decision by Israeli Discount Bank to inform Palestinian banks of its intention to completely end their banking relationship within 90 days has raised widespread questions regarding the background and motivations behind this decision, especially considering the vital importanc...