Economic News
Back to Homepage
Gold Falls as Global Rate Hike Bets Rise
SadaNews - Gold maintained its decline, continuing to lack progress in reopening the Strait of Hormuz, fueling inflation fears and increasing bets that global central banks might raise interest rates.
The precious metal was trading around $4,472 per ounce, after falling nearly 2% on Tuesday. Price p...
Currency Exchange Rates Against Shekel on Wednesday (May 20)
SadaNews - The currency exchange rates against the shekel today, Wednesday (May 20), are as follows:
Leumi Bank Achieves Highest Profits in the Israeli Banking System During the First Quarter...
SadaNews Economy Translation - The Hebrew economic newspaper Calcalist reported on Tuesday that Leumi Bank achieved the highest profits in the Israeli banking system during the first quarter of 2026.
According to the site, as translated by the SadaNews Economy section, the bank concluded the first...
European stocks rise after Trump suspends attack on Iran
SadaNews Economy - European stocks rose on Tuesday after investors welcomed news of the suspension of a U.S. attack on Iran, following Tehran's latest peace proposal, amidst hopes for a near agreement.
U.S. President Donald Trump stated that there is now a "very good chance" of reaching an agreemen...
Arab Bank Wins 'Best Bank in the Middle East for 2026' Award
Sada - Global Finance magazine, based in New York, has recently awarded Arab Bank the title of "Best Bank in the Middle East for 2026" in recognition of its leading position in the banking arena in the region.
The bank received this award following a comprehensive evaluation conducted by the magazi...
Gold Gains Increase Supported by Signs of De-escalation Between Washington and Tehran
SadaNews Economy - Gold extended its gains as the easing of the likelihood of a ceasefire agreement between the United States and Iran alleviated some inflationary concerns that had pressured the precious metal.
The precious metal rose by as much as 0.4% to trade around $4,585 an ounce, after endin...
Oil Drops Nearly 2% After Trump Suspends Attack on Iran
SadaNews - Oil prices fell by nearly 2% on Tuesday after U.S. President Donald Trump announced the suspension of a planned attack on Iran to allow for negotiations aimed at ending the war.
Brent crude futures for July fell by approximately 1.9% to $109.88 per barrel.
Meanwhile, U.S. West Texas Int...
Currency Exchange Rates Against the Shekel on Tuesday (May 19)
SadaNews - The currency exchange rates against the shekel today, Tuesday (May 19), are as follows:
The General Assembly of the Palestinian Investment Fund Holds Its Annual Regular Meeting
SadaNews - The Palestinian Investment Fund held its regular general assembly meeting in Jericho at the site of the Jericho Cement Factory project implemented by the fund, chaired by Iyad Joudeh, Chairman of the Board of Directors, with the attendance of board members, members of the general assembly...
Chairman of the Capital Market Authority Discusses Joint Files with the Attorney General
SadaNews - Today, the Chairman of the Authority, Ammar Al-Akar, discussed several joint files during a visit to the Attorney General's office. Al-Akar led a delegation from the Authority that included the Director General of the Authority, Barak Al-Nabulsi, and Mr. Amjad Qabha, the Director General...
The General Secretariat of the Organization of Islamic Cooperation Warns of the Dangers of...
SadaNews - The General Secretariat of the Organization of Islamic Cooperation has warned about the dangers of the Israeli occupation's seizure of a number of historical buildings and Palestinian properties and Islamic endowments around the Al-Aqsa Mosque.
The Secretariat confirmed that these plans...
Russia Reinforces Shadow Gas Fleet with Four Tankers to Increase Exports
SadaNews - Four liquefied natural gas tankers, which until recently were serving an Omani export terminal, have begun loading fuel shipments from a Russian project that is under U.S. sanctions, in the latest sign of Moscow's efforts to boost its exports and circumvent Western restrictions.
The tank...