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Financial Times: Lebanon Considers Selling Gold Reserves to Save Banks and Economy
SadaNews - The British newspaper "Financial Times" reported that politicians and bankers in Lebanon are considering the possibility of selling or leasing part of the central bank's large gold reserves to save the country from the repercussions of its economic and financial crisis, especially amid ri...
Gold prices decline amid profit-taking after a surge
SadaNews - Gold has declined as traders took profits following four days of gains fueled by uncertainty surrounding U.S. trade policy and escalating tensions in the Middle East.
The precious metal fell by as much as 1.6%, before trimming some of its losses, as Chinese traders returned on Tuesday af...
Exchange Rates of Currencies Against the Shekel on Tuesday (February 24)
SadaNews - The exchange rates of currencies against the shekel today, Tuesday (February 24), are as follows:
Oman: Ministerial Decision to Establish the "Palestinian Endowment Foundation" with a Capi...
SadaNews - The Ministry of Awqaf and Religious Affairs in the Sultanate of Oman has issued ministerial decision No. (78/2026) regarding the establishment of the Palestinian Endowment Foundation, after it met the legal and procedural requirements approved according to the regulations governing the wo...
Newspaper: 'Peace Council' Prepares Plan to Launch 'Digital Currency' for Gaza Aimed at Dr...
SadaNews Economy - Entities working with U.S. President Donald Trump as part of what is known as the "Peace Council" are considering the creation of a stable digital currency for the Gaza Strip, as part of efforts to reshape the devastated economy of the region, according to five individua...
Morgan Stanley: The Swiss Franc, Similar to Gold, Is Set to Rise
SadaNews - The Swiss franc may rise by up to 17% against the dollar, driven by growing confidence in its status as a safe haven, amid increasing uncertainty surrounding U.S. policies, according to Morgan Stanley.
Analysts led by David Adams stated in a memo that the decline in inflation in Switzerl...
Israel Reveals: Over 40% of West Bank Vegetables Cause Cancer and Other Diseases
SadaNews Economy Translation - The Health Committee in the Israeli Knesset revealed, during its discussion on the scope of contaminated agricultural products coming from Palestinian Authority areas, that nearly half of the vegetables imported from there pose a health risk.
This amount of products i...
Israel Bank Keeps Interest Rate at 4%
SadaNews Economy Translation - The Monetary Committee of the Bank of Israel has kept the interest rate unchanged at 4%.
This decision comes after the committee had previously decided to lower the interest rate twice consecutively last January.
The decision by the Israeli central bank comes ami...
The Central Archive Building of the Palestinian Islamic Bank Receives "Gold Level Green Bu...
SadaNews - The Palestinian High Council for Green Building awarded a "Gold Level Green Building" certification to the Central Archive Building of the Palestinian Islamic Bank in accordance with the Palestinian evaluation system.
The Central Archive Building received this certification a...
China Urges the United States to Cancel Unilateral Tariffs
SadaNews - China urged the United States on Monday to eliminate the "unilateral" tariffs announced by President Donald Trump, following the U.S. Supreme Court's annulment of a large portion of the fees imposed since he returned to the White House, noting that it is assessing the implications of the...
Statistics: Trade deficit for recorded goods increases by 15% in December
SadaNews - The Central Bureau of Statistics stated that the trade deficit for recorded goods increased by 15% during December 2025 compared to December 2024, with a deficit value of 500.9 million dollars.
The statistics office said in a statement today, Monday, that goods exports during October 202...
Lagarde: Tariff Moves Threaten Trade Balance Between Europe and America
SadaNews - European Central Bank President Christine Lagarde stated that the latest tariff moves by U.S. President Donald Trump could disrupt the balance that was previously negotiated between the European Union and the United States, and could represent a new headwind for the economy.
Lagarde adde...