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Conclusion of the "Saudi Growth Accelerator P16" program in Riyadh organized by Flow and I...
SadaNews - The Flow business accelerator, in partnership with the International Finance Corporation (IFC) and Parachute 16, concluded the Saudi Growth Accelerator P16 program, a year-long initiative designed to support Palestinian startups in expanding into the Saudi market. The Demo Day, hosted at...
What are the implications of activating the snapback mechanism on the Iranian economy?
SadaNews - The Iranian nuclear file has entered a new critical phase after France, Germany, and Britain announced before the UN Security Council that they would activate the automatic return mechanism for sanctions, known as the "snapback mechanism", within 30 days unless a new agreement is reached...
Egypt Establishes New Pipeline for Transporting Israeli Gas at $400 Million
SadaNews - Egypt is preparing to establish a new pipeline to transport the additional quantities of Israeli gas that were recently agreed upon, during the fourth quarter of this year, at an estimated cost of about $400 million.
One official clarified that the pipeline will be entirely built within...
Bloomberg Economics: Modi and Xi Meeting Indicates Tactical Change Rather Than Strategic S...
SadaNews - Indian Prime Minister Narendra Modi's visit to China for the Shanghai Cooperation Organization summit and planned talks with Chinese President Xi Jinping indicates a cautious thaw in their relationship, which has been strained by border clashes over the past five years.
Both sides recogn...
Currency Exchange Rates Against the Shekel on Sunday (August 31)
SadaNews - The currency exchange rates against the shekel today, Sunday (August 31), are as follows:
WhatsApp Allows Editing and Writing Messages with Artificial Intelligence
SadaNews Economy - WhatsApp has announced the launch of a new feature called "Writing Help," which enables users to draft messages using artificial intelligence techniques.
The new feature, according to an official blog post, uses Private Processing technology to assist users in receiving multiple...
Currency Exchange Rates Against the Shekel (August 30)
SadaNews Economy - The exchange rates of currencies against the shekel today, Saturday (August 30), are as follows:
Dollar: 3.34
Dinar: 4.71
Euro: 3.90
Turkey Decides to Cut Economic Ties with Israel and Close Its Airspace to Its Aircraft
SadaNews - The Republic of Turkey announced today, Friday, the complete severance of its economic relations with Israel and the closure of its airspace to its aircraft.
Turkish Foreign Minister Hakan Fidan stated in a speech before the Turkish Parliament, "We have completely halted trade with Israe...
Oil Prices Head for First Monthly Loss Since April Amid Increasing Supply
SadaNews Economy - Oil prices have declined, heading towards a monthly loss in August, amid dominating fears of an oversupply in the global market, along with rising geopolitical tensions, primarily concerning U.S. efforts to end the war in Ukraine.
Brent crude for November delivery traded near $68...
Gold Near Highest Level in a Month
SadaNews Economy - Gold prices traded today, Friday, near their highest levels in more than a month, as the general decline of the dollar and increased expectations of the Federal Reserve (the US Central Bank) cutting interest rates in September boosted demand for the precious metal.
Gold remained...
Currency Exchange Rates Against the Shekel (August 29)
SadaNews Economy - The exchange rates of currencies against the shekel today, Friday (August 29), are as follows:
Dollar: 3.33
Dinar: 4.69
Euro: 3.88
"Jerusalem Electricity" Signs Agreement to Purchase Energy from Solar Energy Projects for...
SadaNews Economy - The Chairman of the Board of the Jerusalem District Electricity Company, Eng. Hisham Al-Omari, signed on Thursday, 28/8/2025, an agreement to purchase electrical energy produced from solar energy projects, which include 16 schools of the Jordanian Islamic endowments in the city of...