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Oil Prices Decline Amid Oversupply Fears
SadaNews - Oil prices declined on Tuesday as investors assess the OPEC+ alliance's decision to suspend production increases during the first quarter of next year, amid ongoing concerns about potential global oversupply.
Brent crude futures fell by about 0.2%, recording $64.70 per barrel, while West...
Gold Prices Hover Around $3,960 an Ounce
SadaNews - Gold prices dropped after three Federal Reserve policymakers refrained from supporting a new interest rate cut next month, while the US dollar index continued to trade near its highest levels in several months.
The precious metal fell and was recorded near $3,960 an ounce after swinging...
Currency Exchange Rates Against the Shekel on Tuesday (November 4)
SadaNews - The currency exchange rates against the shekel today, Tuesday (November 4), are as follows:
The Palestinian General Union of Insurance Companies Participates in Launching the Winter...
SadaNews - The Palestinian General Union of Insurance Companies, with the attendance of several member insurance companies, participated today, Monday, 04/11/2024, in launching the winter inspection campaign organized by the Ministry of Transport and Communications in partnership with the Palestinia...
The Governor of the Monetary Authority Participates in the 20th Annual Conference of AAOIF...
SadaNews - Governor of the Monetary Authority Yahya Shanar participated in the proceedings of the 20th Annual Conference on Islamic Banking and Finance organized by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) in cooperation with the Islamic Development Bank,...
"National Beverages" and "Al-Tayf for Dairy and Food Products" Sponsor Workshop for Consum...
SadaNews – National Beverages Company and Al-Tayf for Dairy and Food Products (Kandia) have sponsored a workshop organized by the Palestinian Consumer Protection Association on the occasion of Palestinian Products Day, which is celebrated on November 1 each year, at the Carmel Hotel in Ramallah.
Th...
UAE: The World Needs Massive Capital Investments Exceeding $4 Trillion Annually to Meet En...
SadaNews - The world needs massive capital investments exceeding $4 trillion annually to meet the demands of electricity networks, data centers, and to provide all sources of energy supply, emphasizing that the short-term outlook is certain, while demand for energy in all its forms remains very stro...
Why Doesn't Morocco's Economy Create Enough Job Opportunities?
SadaNews - Despite the growth rates achieved by Morocco's economy, providing enough job opportunities to absorb unemployment, especially among youth, remains a major challenge.
The figures clearly reflect the paradox: During the first and second quarters of the year, the Kingdom achieved growth of...
Jerusalem Electricity Replaces Main Transformer at Beit Hanina Station with a Capacity of...
SadaNews - On Saturday, November 1, 2025, the technical and engineering crews of the Jerusalem District Electricity Company began replacing the main transformer at the Beit Hanina station, as part of efforts to develop infrastructure in the franchise areas, at a cost of 1.5 million shekels.
The com...
Egyptian National Bank lends "East Mediterranean Gas" $300 million to receive Israeli gas
SadaNews - The "Egyptian National Bank", the largest state-owned bank, intends to lend the company "East Mediterranean Gas" $300 million to finance the construction of a new pipeline in Sinai for transporting additional quantities of Israeli gas to Egypt, according to three informed sources who requ...
Currency Exchange Rates Against the Shekel on Monday (November 3)
SadaNews - The currency exchange rates against the shekel today, Monday (November 3), are as follows:
Gold price exceeds $4000 per ounce
SadaNews - Gold prices have risen above the level of $4000 per ounce even after China ended a long-standing tax exemption for some retailers, a move that could weaken demand in one of the world's largest precious metals markets.
The precious metal increased by 0.14% to approximately $4008.69 per ou...