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Barclays: Oil Prices Could Reach $80 per Barrel
SadaNews Economy - Barclays Bank stated that Brent crude could rise to around $80 per barrel in the event of significant supply disruptions, as tensions between the United States and Iran remain high.
The bank said, "While it is entirely possible that escalation does not lead to supply interruption...
Bitcoin Falls Near $63,000 Following Attack on Iran
SadaNews Economy - The cryptocurrency markets experienced a sharp decline during Saturday's trading, with Bitcoin approaching the $63,000 level, recording a drop of about 3 percent within a few hours.
This decline comes in the wake of reports that the United States and Israel launched joint militar...
Ministry of Economy: Supply Stock is Sufficient for 6 Months
SadaNews Economy - The Ministry of National Economy has urged citizens not to rush into purchasing and storing goods, emphasizing that the stock of essential materials is available in sufficient quantities to meet local market needs for up to six months.
The ministry noted that the rush to buy good...
Exchange Rates of Currencies Against the Shekel (February 28)
SadaNews Economy - The exchange rates of currencies against the shekel today, Saturday (February 28), are as follows:
-Dollar: 3.13
-Dinar: 4.42
-Euro: 3.70
The Trap of High Prices: Debts Haunt Germans and Bankruptcy Knocks at Their Doors
SadaNews - Rising energy and food prices are pushing more consumers to borrow and declare bankruptcy.
According to data from the information provider "Kreif", there were 107,816 recorded personal bankruptcies in Germany last year, an increase of 7.8 percent compared to 2024. The numbers are expecte...
Major Changes in the Saudi Public Investment Fund… What is Happening?
SadaNews - Bloomberg Agency revealed administrative changes in the Saudi Public Investment Fund to attract additional investments to the Kingdom in line with the economic transformation plan "Vision 2030."
The agency reported that the sovereign wealth fund asked one of the senior executives tasked...
Gold Stabilizes and Heads for its Seventh Consecutive Monthly Gain
SadaNews Economy - Gold stabilized overall today, Friday, as a decline in U.S. Treasury yields contributed to reducing the opportunity cost of holding the precious metal, compensating for the impact of a strong dollar and indications of progress in talks between the U.S. and Iran.
Gold stayed ste...
Currency Exchange Rates Against the Shekel (February 27)
SadaNews Economy - The currency exchange rates against the shekel today, Friday (February 27), are as follows:
- Dollar: 3.11
- Dinar: 4.39
- Euro: 3.68
Fuel Prices in Israel Rise by 14 Agorot
SadaNews Economy Translation - Fuel prices will increase by 14 agorot at midnight Saturday-Sunday, according to the latest update from the Israeli Ministry of Energy and Infrastructure.
The price of a liter of unleaded 95 octane gasoline for consumers at self-service stations, including VAT, will r...
Launch of a Major Ramadan Campaign for the 'Mart' App with Discounts Exceeding 50% and Eid...
SadaNews - The "Mart" app, specialized in online shopping, announced the launch of its new Ramadan campaign under the slogan: "The talk is now transparent... Unseen discounts like these," offering exceptional deals exceeding 50% on hundreds of products, along with Eid gifts and a...
The IMF Disburses Approximately $2.3 Billion to Egypt Following Two Reviews of the "Reform...
SadaNews - The International Monetary Fund has disbursed funding to Egypt amounting to nearly $2.3 billion, following the completion of the fifth and sixth reviews of the economic reform program implemented by Cairo under the "Extended Fund Facility".
In March 2024, the Fund had approved an expande...
Sharp Increase of 6.61% in Producer Prices During January 2026 Driven by Rising Agricultur...
SadaNews - A sharp increase in producer prices during January 2026
The overall producer price index recorded a sharp increase of 6.61% during January 2026 compared to December 2025, reaching an index of 195.30 in January 2026 compared to 183.18 in December 2025 (base year 2019 = 100).
The producer...