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Oil Drop Raises Glut Fears Amid Flow of Hormuz Supplies and Weak Chinese Demand
SadaNews - Oil prices are declining everywhere as the peace agreement between the United States and Iran unleashes a wave of supplies that exceed buyers' demand and fuels talk of a surplus.
This is a remarkable shift; less than three months ago, the main benchmark for global oil (Brent crude) hit i...
Gold Prices Reach Around $4,175 per Ounce
SadaNews - Gold prices have reached around $4,175 per ounce.
In other precious metal markets, silver prices were recorded trading near the $62 per ounce level.
The dollar is headed for a weekly decline, making gold, priced in dollars, cheaper for holders of other currencies.
According to the CME'...
Central Banks Continue Strong Gold Purchases Despite Interest Rate Pressures
SadaNews - Central banks have returned to increase their gold purchases in May, indicating that the decline in momentum of the precious metal this year under the pressure of U.S. interest rate expectations has not diminished its luster as one of the reserve assets for monetary institutions.
Net gol...
Currency Exchange Rates Against the Shekel on Sunday (July 5)
SadaNews - The currency exchange rates against the shekel today, Sunday (July 5), are as follows:
In partnership with Jawwal Company.. The Ministry of Education launches the "Tawjihi" exam...
SadaNews - The Ministry of Education has successfully launched the Tawjihi public secondary exam electronically (Online) for the first time in schools in the West Bank, relying entirely on the Jawwal Fiber network.
The ministry worked in partnership with the teams from the Palestinian Telecommunica...
The Governor of the Monetary Authority Outlines the Challenges Facing the Palestinian Bank...
SadaNews - The Governor of the Monetary Authority, Yahya Shanar, has called on the international community, international financial institutions, and central banks to take urgent action and press Israel to stop the measures targeting the Palestinian financial sector, primarily the surplus shekel pil...
"Jerusalem Electric" continues its support for the local community and monitors the needs...
SadaNews Economy - Jerusalem District Electricity Company continues its efforts to serve our people and enhance cooperation with local community institutions. The village council of Ain Sinya, represented by its head and council members, appreciated the significant efforts made by the company and it...
FAO: Global Food Prices Rise 2.2% Year-on-Year
SadaNews Economy - The data from the Food and Agriculture Organization (FAO) of the United Nations showed a global increase in food prices of 2.2 percent year-on-year during June.
The organization stated in a statement that the global food commodity price index registered an annual increase of 2.2...
World Bank: Jordan Rises to High Middle-Income Country Category
SadaNews Economy - The World Bank announced, in its annual update of country income classifications for the fiscal year 2027, the official transition of Jordan from the low middle-income category to the high middle-income category, a step that reflects improved economic indicators and updates in nat...
Exchange Rates of Currencies Against the Shekel (July 4)
SadaNews - The exchange rates of currencies against the shekel today, Saturday, July 4, are as follows:
Dollar: 2.99
Dinar: 4.22
Euro: 3.42
Gold Heads for First Weekly Increase in 5 Weeks
SadaNews Economy - Gold rose by more than one percent on Friday and is heading to record its first weekly gains in five weeks amid a decline in investors' expectations for the Federal Reserve (the U.S. central bank) to raise interest rates following the release of U.S. employment data that came in w...
Currency Exchange Rates Against the Shekel (July 3)
SadaNews Economy - The exchange rates of currencies against the shekel on Friday, July 3, are as follows:
Dollar: 2.99
Dinar: 4.22
Euro: 3.42