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Gold Prices Approach $4,000 an Ounce as Dollar Declines
SadaNews Economy - Gold prices rose today, Friday, approaching the $4,000 per ounce level, supported by a decline in the U.S. dollar, while the prolonged government shutdown in the United States has raised concerns about the U.S. economic outlook.
The spot gold price increased by 0.3 percent to $3,...
Palestine Stock Exchange Results for the Third Quarter of 2025
SadaNews Economy - The Palestine Stock Exchange has revealed its business results and financial statements up to the end of the third quarter of 2025, with a net profit of $771,49 thousand compared to $362 thousand for the same period in 2024, marking an increase of 113%.
This rise comes as a resul...
Arkan Real Estate's Q3 2025 Results
SadaNews Economy - Arkan Real Estate has disclosed its financial results and consolidated financial statements for the end of the third quarter of 2025, showing a profit attributable to the company's shareholders of $14.9 million compared to $7.4 million for the same period in 2024, representing an...
Ministry of Interior and Ooredoo Sign Agreement for Service Provision and Cooperation
SadaNews - Today, Minister of Interior Ziad Heb al-Reeh and CEO of Ooredoo Communications Dr. Samer Fares signed a cooperation agreement aimed at providing the company with interconnectivity services and civil registry, and contributing to the development of services offered by the company, especial...
Stability of Oil Prices After a Two-Day Decline
SadaNews - Oil prices stabilized after a two-day decline, as the U.S. Energy Information Administration reported the largest increase in U.S. inventories since July.
West Texas Intermediate crude traded below $60 a barrel after losing 2.4% over the previous two sessions, while Brent crude stabilize...
Gold Prices Near $3980 an Ounce
SadaNews - Gold stabilized after recording its largest gains in about a week, as traders assessed U.S. interest rate expectations following the release of private sector employment data.
The precious metal maintained its level above $3980 an ounce, after rising by 1.2% on Wednesday.
Data from ADP...
Currency Exchange Rates Against the Shekel on Thursday (November 6)
SadaNews - The currency exchange rates against the shekel today, Thursday (November 6), are as follows:
US Economy Loses $15 Billion Weekly Due to Government Shutdown
SadaNews - As the US government shutdown enters its sixth week, its repercussions have begun to extend beyond the bounds of administrative paralysis, transforming into an unprecedented economic and political crisis in the history of the United States.
As daily losses escalate and vital social suppo...
Israel Faces a Financial Gap of $12.1 Billion Due to Military Spending
SadaNews - Israel is facing a financial gap of $12.1 billion between the 2025 budget and the demands of ministries for 2026 due to military spending.
Spending on the Gaza war has exceeded $76 billion, in addition to tens of billions to compensate reserve soldiers and for damages.
The Israeli gover...
National Mobile Communications Company Becomes the First Company Listed on the Palestine S...
SadaNews - According to the financial data published by Dr. Samah, the Palestinian National Mobile Communications Company achieved a net profit of $12.5 million, representing an 8.3% growth compared to the same period in 2024. This profit has been realized despite a 4.9% decline in revenues, which a...
Oman Natural Gas Company and Spanish Company "Naturgy" Sign MoU for Supply of One Million...
SadaNews - The Oman Liquefied Natural Gas Company and the Spanish company "Naturgy" have signed a Memorandum of Understanding (MoU) that includes a study for supplying up to one million tons of liquefied gas annually for a period of 10 years starting from 2030, according to a statement published by...
Industrial production increases by 5.78% during September 2025 in Palestine
SadaNews - The industrial production index recorded an increase of 5.78% during September 2025 compared to August 2025, as the index rose to 92.65 in September 2025 compared to 87.58 in August 2025 (base year 2019 = 100).
The movement of industrial production quantities at the level of main economi...