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Eng. Salah Alqam to SadaNews: The cost of replacing the transformer in Beit Hanina with a...
SadaNews - The Jerusalem Electricity Company announced the replacement of the main transformer at the Beit Hanina transformer station, north of Jerusalem, as part of its strategic plans aimed at developing infrastructure and enhancing the reliability of the electrical current in the town and its sur...
Rise in Suez Canal Revenue with Navigation Recovery after Ceasefire in Gaza
SadaNews - The Suez Canal Authority announced yesterday, Tuesday, a 14.2% year-on-year increase in canal revenues for the period from July to October 2025, driven by the stabilization of conditions in the Red Sea and the recovery of navigation after the ceasefire in Gaza.
The head of the authority,...
Oil Prices Decline for the Second Consecutive Day Following Expectations of Increased U.S....
SadaNews - Oil prices declined for the second consecutive day after an industrial report showed the largest increase in U.S. inventories in more than three months.
Brent crude fell close to $64 per barrel, while West Texas Intermediate was traded around $60.
A document issued by the American Petro...
Stability of Gold Prices Near $3960 an Ounce
SadaNews - Gold stabilized after recording its largest decline in over a week, as the U.S. dollar rose to its highest levels since May, which limited demand for the precious metal.
Spot gold traded near $3960 an ounce after dropping by about 2% in the previous session.
The U.S. dollar index rose f...
Currency exchange rates against the shekel on Wednesday (November 5)
SadaNews - The currency exchange rates against the shekel today Wednesday (November 5) are as follows:
Governor of the Monetary Authority Meets the Governor of the Central Bank of Bahrain and t...
Economy SadaNews - The Governor of the Monetary Authority, Mr. Yahya Shanar, met in the Bahraini capital, Manama, with the Governor of the Central Bank of Bahrain, Khalid Ibrahim Hamidan.
The governor, Shanar, reviewed the reality of the Palestinian banking sector, the efforts of the Monetary Autho...
Issa Fawadleh Earns the Title of "Certified Financial Analyst" from the American CFA Insti...
Sada News Economy - Palestinian youth Issa Basil Fawadleh has earned the title of Certified Financial Analyst (CFA) from the CFA Institute in the United States after successfully passing the three required tests for the certification.
Fawadleh is considered one of the first Palestinians to hold bot...
New Government Decisions Include Water, Energy, and Judicial Regulation
SadaNews - The Palestinian Cabinet approved today, Tuesday, the recommendations of the Water Regulatory Sector regarding the wholesale water pricing for water suppliers for the next three years, emphasizing the prevention of cost increases for citizens and enhancing the required efficiency from oper...
Israeli Financial Data: War Expenses Exceed 76 Billion Dollars
SadaNews - According to official data released by the Ministry of Finance, the Israeli Broadcasting Authority revealed that total war expenses thus far have reached approximately 76.3 billion dollars, marking one of the highest military spending rates seen in Israel.
According to the report, these...
Starbucks Sells 60% of Its Stake in China for $4 Billion
SadaNews - Starbucks has announced that it will sell a majority stake in its operations in China to investment company "Boy Capital" in a deal valued at approximately $4 billion, marking one of the largest exit deals by a global consumer company in the Chinese market in recent years.
Under the agre...
European Stocks Decline Amid Anticipation of Corporate Results and Central Bank Decisions
SadaNews - European markets opened lower on Tuesday, giving up the gains made at the beginning of the week and the new month, with investors awaiting quarterly results from several major companies and expected decisions from central banks.
The overall European index "Stoxx 600" fell by 1.1%, reachi...
British BP Reports Quarterly Profits Exceeding Expectations Despite Weak Oil Prices
SadaNews - British company BP announced today, Tuesday, that it achieved quarterly profits exceeding expectations during the third quarter of 2025, supported by progress in its cost-cutting program and asset sales, which boosts investor confidence in the company’s new strategy focusing on oil and ga...