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Israel launches the "Yitzhak Agreements Fund" to strengthen its economic partnerships in L...
SadaNews - Israel and the Inter-American Development Bank (IDB) signed a memorandum of understanding on Monday to establish the "Yitzhak Agreements Fund," marking the first practical step in implementing the initiative launched by Argentine President Javier Milei to enhance political, economic, and...
Oil Maintains Its Largest Gains in a Month Amidst Stagnation of Washington-Tehran Talks
SadaNews - Oil prices stabilized after their biggest gains in about a month, as uncertainty regarding the status of peace talks between the United States and Iran increased the risk of prolonged energy flow reductions from the Arabian Gulf.
Brent crude for August delivery traded under $95 a barrel...
Gold Falls Amidst Fluctuations from Iran War and U.S. Interest Rate Anticipation
SadaNews - Gold has decreased amid conflicting messages from the United States and Iran regarding reaching a diplomatic solution to the war, maintaining fears about ongoing trade and geopolitical disturbances.
The precious metal was recorded at nearly $4,518 an ounce, after dropping by 1.2% on Mond...
Currency Exchange Rates Against the Shekel on Tuesday (June 2)
SadaNews - The exchange rates of currencies against the shekel today, Tuesday (June 2), are as follows:
Palestine Stock Exchange Announces Update of the Al-Quds Islamic Index Sample for 2026
SadaNews - The Palestine Stock Exchange announced the update of the companies comprising the "Al-Quds Islamic Index" sample at the beginning of June this year, as part of the periodic review conducted by the exchange for all listed companies according to the approved Sharia standards. This update co...
"Smotrich" Angers "Israelis" by Offering Tax Benefits to West Bank Settlements at the Expe...
SadaNews Economy - The proposal by Israeli Finance Minister "Bezalel Smotrich" regarding granting tax exemptions to the "municipalities" of settlements in the West Bank has sparked a storm in the Knesset. The Knesset Finance Committee discussed adding 149 "municipalities" from the West Bank to a lis...
Ministry of National Economy Organizes Workshop on Competition Law
SadaNews - The Ministry of National Economy, in partnership with the United Nations Development Programme/Project Assistance to the Palestinian People (UNDP/PAPP), and as part of the "Strengthening Business Frameworks and Human Rights in Palestine (SBHRP)" project, organized a workshop today, Monday...
Large Wave of Layoffs in the Israeli Technology Sector: Companies Adapt While Employees Fa...
SadaNews - Artificial intelligence is causing severe damage to companies worldwide, and specifically in "Israel," its impact is strong and painful, according to a Hebrew report published by "Yedioth Ahronoth," translated by Sada's Economy. There has been much talk about the d...
Jordan: Increase in Salary and Pension Costs by 103.4 Million Dinars in 3 Months
SadaNews - The total expenditures of the government on salaries, wages, allowances, pensions, and compensations during the first quarter of this year increased by 103.4 million dinars compared to the same period last year.
According to data from the Ministry of Finance, the value of these expendi...
Japanese Companies Reduce Investment Spending Amid Fallout from Iran War
SadaNews - Major Japanese companies have cut their capital expenditure in the first quarter as business confidence begins to decline amid uncertainty stemming from escalating unrest in the Middle East.
Capital expenditure, excluding software, decreased by 3.5% compared to the previous quarter durin...
Powell: The Credibility of the "Federal Reserve" Will Wane If the President Can Dismiss It...
SadaNews - Former Federal Reserve Chairman Jerome Powell stated that the U.S. central bank will lose the necessary credibility to support a strong and stable economy if any president is able to dismiss Federal Reserve officials over monetary policy disagreements.
Powell added, according to a prepar...
Egypt Attracts $300 Million from China for First Wind Turbine Factory
SadaNews - The Chinese Sany Group plans to invest over $300 million to establish the first factory for producing wind turbines and components in Egypt, within the Suez Canal Economic Zone, according to a government official to "Al-Sharq", in a move that supports Cairo's efforts to localize clean ene...