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Gold Surges to $4,053 an Ounce Amid Disappointing Data
SadaNews Economy - Gold prices recorded a significant increase during trading on Monday, with the ounce rising by 1.3% or $52, trading above the $4,053 level, driven by disappointing U.S. economic data.
Data from the end of last week showed a decline in U.S. consumer confidence to its lowest levels...
For the First Time in Egypt's History.. Foreign Currency Reserves Exceed 50 Billion Dollar...
SadaNews - The Central Bank of Egypt announced today, Sunday, November 9, 2025, that the net foreign currency reserves have reached the highest value in Egypt's history.
Net Foreign Currency Reserves in October 2025
The Central Bank of Egypt indicated that the net foreign currency reserves reached...
Saudi Drilling Companies Expand in Gas and Abroad After Oil Expansion Freeze
SadaNews - After nearly two years of slowed activity following Saudi Aramco's abandonment of plans to raise its production capacity from 12 to 13 million barrels per day, the Saudi drilling sector is beginning to outline a new phase of growth driven by external expansion, improved operational effici...
Housing Bank Donates to Establish a Model Digital Library for Al-Amariya Girls School in B...
SadaNews - As part of the continuous efforts to support education and empower the rising generations, the Housing Bank has established a model digital library for Al-Amariya Girls School in Bethlehem.
The library was inaugurated in the presence of the Bethlehem Directorate of Education, represented...
Consumer Prices in China Rise in October Due to Holidays
SadaNews - Consumer prices in China unexpectedly rose in October, supported by the holidays during the month which boosted demand for travel, food, and transportation.
The consumer price index increased by 0.2% last month compared to the same period a year earlier, after a decrease of 0.3% in Septe...
Longest Government Shutdown in America Disrupts Economic Data Release
SadaNews - The longest government shutdown in U.S. history has disrupted the release of the jobs report for two months, while the inflation report expected next week is also threatened, deepening uncertainty for the Federal Reserve, which is experiencing unprecedented division in its policies.
The...
Interior Ministry and Ooredoo Sign Agreement for Service Provision and Cooperation
SadaNews - Ooredoo Palestine and the Ministry of Interior signed a cooperation agreement today aimed at providing the company with interconnection services and civil status records, to contribute to the development of the services offered by the company, particularly cellular communication services...
Exchange Rates of Currencies Against the Shekel on Sunday (November 9)
SadaNews: The exchange rates of currencies against the shekel today, Sunday (November 9), are as follows:
China's Foreign Exchange Reserves Rise to $3.3 Trillion
SadaNews Economy - China announced an increase in its foreign exchange reserves to $3.3433 trillion by the end of last October, equivalent to an increase of 0.14 percent compared to the levels at the end of September.
A statement issued by China's National Foreign Exchange Administration indicated...
Currency Exchange Rates Against the Shekel (November 8)
SadaNews Economy - The currency exchange rates against the shekel today, Saturday (November 8), are as follows:
-Dollar: 3.24
-Dinar: 4.57
-Euro: 3.75
From Negative to Stable: S&P Adjusts Israel's Outlook
SadaNews - S&P Global Ratings has revised its outlook on Israel from "negative" to "stable" on Friday, November 7th. The agency indicated that the "military de-escalation" resulting from the ceasefire agreement between Israel and the Palestinian Hamas movement has m...
Jordan's Foreign Reserves Exceed 24 Billion Dollars
SadaNews - Data from the Central Bank of Jordan showed that the foreign currency reserves at the bank rose to a new record level of 24 billion dollars by the end of October this year.
The data indicated that the value of gold assets at the Central Bank of Jordan also reached a new record high of 9....