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Currency Exchange Rates Against the Shekel on Thursday (February 12)
SadaNews - The currency exchange rates against the shekel today, Thursday (February 12) are as follows:
Significant Drop in the Number of Residential Apartments Sold in Israel During 2025
Translation by SadaNews Economics - A report by the Israeli Ministry of Finance showed that the year 2025 represented the weakest year for Israeli contractors in the past two decades.
According to the report published by the Hebrew economic newspaper Calcalist, the total sales of new and used apa...
In Numbers.. Can the "Digital Euro" Save Europe from the Dominance of American "Visa" and...
SadaNews - Warnings are escalating in European financial circles regarding the near-complete dominance of American companies Visa and MasterCard over the payments market on the continent. This comes at a time when geopolitical tensions are rising, and European officials fear that this financial infl...
$449 million in revenues from the Suez Canal since the beginning of the current year
Sada News - The Egyptian government announced that revenues from the Suez Canal increased by 22% since the beginning of the current year, reaching $449 million as of February 7, 2026.
The Prime Minister's office stated in a press release today, Wednesday, that shipping traffic in the canal experien...
Israeli Banks Cut Deposit Interest Rates Offered to Their Customers
SadaNews Economy Translation - Israeli banks began on Wednesday to more sharply reduce the interest rates they offer on deposits, following the earlier publication by the Bank of Israel of data on interest rates for deposits and loans in the banking and financial system for January 2026.
According...
Padico Achieves Profits of $18.4 Million in 2025 and Strengthens Its Financial Position De...
SadaNews - The Palestine Development and Investment Company (Padico) has disclosed its preliminary consolidated financial results (unaudited) for the year 2025, reporting profits of $18.4 million for its shareholders compared to profits of $0.7 million for the fiscal year 2024. The results for 2024...
Palestinian Telecommunications Company/Jawwal Announces Business Results for the Year 2025
SadaNews: The Palestinian Telecommunications Company/Jawwal has disclosed its consolidated preliminary (unaudited) financial results for the year 2025, where the total revenues reached 285.6 million Jordanian Dinars compared to 241.1 million Jordanian Dinars in 2024, marking a growth rate of 18.4%....
Al Baraka Islamic Insurance Company Concludes Its Sponsorship of the Palestinian Products...
SadaNews: As part of its commitment to supporting the national economy and enhancing the resilience of Palestinian products, Al Baraka Islamic Insurance Company announced the conclusion of its sponsorship of the insurance policy for the Palestinian Products Exhibition 2026, which was held at the Mil...
Arab Islamic Bank Wins Title of "Best Islamic Bank of the Year 2025"
SadaNews - In a new addition to its record of achievements and international awards, the Arab Islamic Bank has won the title of "Best Islamic Bank in Palestine for 2025" from EMEA Finance magazine, as part of the 2025 Banking Awards in the Middle East, in its eighteenth edition.
The EME...
"Maintenance on You and Maintenance on Us".. A campaign launched by Gurgor Trading Company...
SadaNews - Gurgor Trading Company, the general agent for Mercedes-Benz vehicles in Palestine, has launched a new campaign titled "Maintenance on You and Maintenance on Us," in a move that reflects its ongoing commitment to global quality standards and its concern for the safety of customers and thei...
Gold Holds Above $5,000.. Silver Nears $82
SadaNews - Gold prices rose slightly while holding above the $5,000 per ounce level, after weak retail sales data in the United States bolstered expectations that the Federal Reserve would move to lower interest rates.
The precious metal increased by up to 0.6% after closing lower on Tuesday. Consu...
Exchange Rates Against the Shekel on Wednesday (February 11)
SadaNews - The exchange rates of currencies against the shekel today, Wednesday (February 11), are as follows: