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Palestine Bank Signs Strategic Memorandum of Understanding with Women Entrepreneurs Forum...
SadaNews Economy - In line with its strategic partnership with the Women Entrepreneurs Forum, Palestine Bank signed a strategic memorandum of understanding to launch the "Excellence Award for Women Entrepreneurs". This award aims to highlight women who have made a tangible positive economic and soci...
Russian Oil Finds Its Way Back to India Thanks to Iran War
SadaNews - Data from ship tracking has shown that two shipments of Russian oil, originally headed for East Asia, have changed course towards India, indicating that New Delhi is becoming more open to receiving Russian crude as the conflict in the Middle East escalates.
Data from Kpler and Vortexa in...
Georgieva Warns of Iran War Testing Global Economic Resilience
SadaNews - The Director of the International Monetary Fund, Kristalina Georgieva, stated that the war in the Middle East will test the resilience of the global economy, warning that "new shocks in various forms and sizes" will continue to emerge.
Confirming the IMF's concern over the suffering and...
A Decline in the Industrial Production Quantity Index in Palestine during January 2026
The industrial production quantity index recorded a decrease of 2.07% during January 2026 compared to December 2025, with the index dropping to 81.77 in January 2026 from 83.50 in December 2025 (with 2019 as the base year = 100).
The movement of industrial production quantities across major economi...
Oil Prices Exceed $84 Amid Near-Complete Closure of Strait of Hormuz
SadaNews - Oil prices extended their gains as the war waged by the United States and Israel against Iran disrupted oil supplies to major importers, with the warring parties vowing to continue the conflict, and China, the largest crude importer in the world, seeking to secure fuel.
Brent crude rose...
Gold Rises as Dollar Weakens Amid Middle East Tensions
SadaNews - Gold rose after the dollar weakened and the war in the Middle East entered its sixth day with no signs of resolution.
The precious metal increased by as much as 0.9% to reach $5,180 per ounce, following a gain of 1% in the previous session.
Investors were seeking safer assets as U.S. an...
Currency Exchange Rates Against the Shekel on Thursday (March 5)
SadaNews - The currency exchange rates against the shekel today, Thursday (March 5), are as follows:
Palestinian Islamic Bank Offers Support to Family Resilience Association
SadaNews - The Palestinian Islamic Bank has provided its support to the Family Resilience Association in the Ramallah and Al-Bireh Governorate as part of its sustainable community responsibility program.
The General Manager of the Palestinian Islamic Bank, Dr. Imad Al-Saadi, visited the association...
Optimism for UAE Bank Stocks Despite Middle East Conflict
SadaNews - Cantor Fitzgerald has recommended purchasing shares of United Arab Emirates banks despite the regional conflict threatening the Gulf nation, calling these shares "low-risk and high-return" investments.
Analyst Kato Mukoro advised "over-weighting" shares of seven banks in investment portf...
Severe Losses for Asian Stocks Amid Surge in Oil and Gas Prices
SadaNews - The repercussions of the expansion of the US-Israeli war on Iran have extended to the energy and financial markets, where oil and gas prices have risen, while Asian stocks faced severe losses led by South Korea and Japan.
LNG Prices Surge in Asia and Europe
LNG prices in Asia have surg...
Amid 'Supply Shock'.. Oil and Gas Halt European Recovery
SadaNews -Europe faces a dual test with the widening war against Iran, a shock to energy that raises production and living costs, and shipping and insurance disruptions that double the "uncertainty tax" on trade and investment.
The International Monetary Fund confirmed today, Tuesday, that it is "c...
Oil Rises Despite Washington's Commitment to Protect Supply Flow from Hormuz
SadaNews - Oil extended its gains as new attacks erupted in the Middle East, while traders evaluated a U.S. plan to secure and escort oil tankers passing through the Strait of Hormuz, as shipping activity through this vital corridor had nearly come to a halt.
Brent crude rose towards $83 a barrel af...