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In partnership with Palestine Bank.. Jdoor Foundation implements the “Eid is Joy” campaign...
SadaNews Economy - Jdoor Foundation for Health and Social Development, in partnership with Palestine Bank, implemented a humanitarian campaign on the occasion of Eid al-Adha under the slogan: “Eid is Joy... The joy of our children making Eid two Eids.” The campaign targeted children in hospitals in...
"Nomura": The Saudi Sovereign Fund's Bet on Domestic Investment Was Correct.. But the Futu...
SadaNews - Tarek Fadlallah, CEO of the Middle East and North Africa at Japan's investment bank "Nomura", stated that the direction of the Saudi sovereign fund towards local investments and reducing its exposure to foreign stocks was a wise decision, despite the gains achieved by global markets in re...
Japan Plans to Use Budget Reserve to Support Electricity and Gas
SadaNews - Japanese Finance Minister Satsuki Katayama stated that the government will use approximately $3.2 billion from this year's annual budget reserve fund to finance utility support within an additional budget.
Katayama added to reporters on Tuesday after a cabinet meeting: "Regarding electri...
Oil Rises Again After U.S. 'Defensive' Strikes in Southern Iran
SadaNews - Oil prices rose once again after new U.S. military strikes in Iran overshadowed prospects for reaching a temporary agreement between Tehran and Washington to reopen the Strait of Hormuz, as talks are expected to continue for several more days.
Brent crude, the global benchmark, climbed a...
Fluctuations in Gold and Silver Prices After US Strikes Targeting Iranian Sites Near Hormu...
SadaNews - Gold declined after US strikes in the Strait of Hormuz limited optimism about advances in talks to open the vital waterway, keeping inflation risks high.
The precious metal fell by as much as 0.7% to around $4,526 per ounce, after rising the previous day, amid fears that the strikes woul...
Currency Exchange Rates Against the Shekel on Tuesday (May 26)
SadaNews - The currency exchange rates against the shekel today, Tuesday (May 26), are as follows: Dollar: 2.88Dinar: 4.06Euro: 3.35
For These Reasons, the Shekel Will Remain Strong Despite Interest Rate Cuts in Israel
Exclusive to "SadaNews" - Financial and banking expert Mohamed Salama confirmed that the Israeli central bank's decision to lower interest rates by a quarter of a percentage point was expected, noting that Israeli banks had anticipated this decision for about a week, as they had previously lowered t...
Giving Hope to 854 Patients in the West Bank and Gaza.. Jerusalem Bank and Thalassemia Pat...
SadaNews - Jerusalem Bank signed a support and cooperation agreement with the Thalassemia Patients' Friends Association, coinciding with World Thalassemia Day, at the bank's headquarters, in the presence of the bank's CEO, Mohamed Shawar, Dr. Iyad Sunduqah, President of the Thalassemia Patients' Fri...
Globes: Israel Bank's Decision to Lower Interest Rates Opens the Door to a Cycle of Easing...
SadaNews Economic Translation - The economic newspaper Globes reported that the essence of the Israel Bank's decision to lower interest rates today is that it opens the door to a cycle of interest rate reductions, but it will closely monitor the market's reaction.
The newspaper stated, according to...
After months of hesitation... Bank of Israel lowers interest rate to 3.75%
SadaNews - The Bank of Israel has reduced the key interest rate by 0.25% today, Monday, bringing it down to 3.75%, marking the second interest rate cut since the beginning of this year, amid a decline in inflation rates and the stabilization of the shekel exchange rate, alongside increasing expectat...
Global Stocks Approach Record Highs as Oil Drops
SadaNews - Global stocks hovered near record levels, while oil declined after officials indicated that the United States was nearing an agreement with Iran to reopen the Strait of Hormuz and resume oil flows. The dollar also weakened.
The "MSCI" index for all countries, the broadest measure of glob...
"The National Oil Company".. Investments That Could Bring Millions to the Treasury, Concer...
Exclusive to SadaNews - The Palestinian Cabinet announced in its last weekly session yesterday, Sunday, the formation of an establishment board of directors for the National Oil Company, which is under establishment, and commissioned it to prepare the legal framework for the company and to prepare t...