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Israel Reduces Gas Exports to Egypt Due to Maintenance Work in the Tamar Field
SadaNews - Israeli gas imports to Egypt have dropped to about a third starting today, Wednesday, and for a period of 12 days, due to maintenance work in the "Tamar" field in the deep waters of the Mediterranean, according to a government official.
Egypt began importing gas from Israel in 2020 with...
Saudi Arabia and Australia Prepare to Expand Cooperation Bridges in Mining and Investment
SadaNews - Saudi Arabia is intensifying its efforts to strengthen relations with Australia, a country that has not had significant trade dealings with the Kingdom, at a time when Riyadh seeks to capitalize on the new momentum resulting from deals in minerals, mining, and financing.
Officials from b...
Palestinian Investment Fund Wins Two Second Place Awards at the Arab Award for Social Resp...
SadaNews - The Palestinian Investment Fund, through its community investment arm "Palestine Development Foundation," has won two second place awards in the 18th edition of the Arab Award for Social Responsibility and Sustainability announced in Dubai, in the categories of social institutions and par...
Slight Increase in Oil Prices Amid Expectations of U.S. Inventory Decline
SadaNews - Oil prices rose slightly after an industry report showed a decline in crude inventories in the United States for the first time in four weeks, while U.S. President Donald Trump reiterated that India will reduce its purchases of Russian energy.
Brent crude traded above $61 a barrel, up 0....
Gold Prices Experience Volatility After Largest Sell-off
SadaNews - Gold and silver prices fluctuated on Wednesday after experiencing the largest sell-off in years on Tuesday, amid fears that the recent significant rally has made prices overvalued.
Spot gold traded near $4,140 an ounce after a drop of 6.3% in the previous session, marking its largest dai...
Exchange Rates of Currencies Against the Shekel on Wednesday (October 22)
SadaNews - The exchange rates of currencies against the shekel today Wednesday (October 22) are as follows:
CFI Group Celebrates the Official Opening of Its Office in Bahrain and Appoints Yasin Al-S...
SadaNews - CFI, the leading group in the region for electronic trading, announced the official opening of its new company, "CFI FINANCIAL (BAHRAIN) B.S.C CLOSED," and the appointment of Yasin Al-Samarrai as its CEO in Bahrain. This achievement marks an important step in the group's str...
National Bank as Strategic Sponsor for "Bin'amraha" Exhibition in Tulkarem
SadaNews - The National Bank announced its strategic sponsorship of the third Tulkarem exhibition "Bin'amraha", organized by the Tulkarem Chamber of Commerce and Industry at Palestine Technical University - Kadoorie, from October 20 to 23.
The exhibition aims to showcase and promote...
IMF Raises Growth Forecasts for Oil-Importing Countries' Economies Over Two Years
SadaNews - The International Monetary Fund has raised its forecasts for the growth of oil-importing economies in the Middle East, North Africa, Afghanistan, and Pakistan for the current and upcoming year, expecting these countries to benefit from falling crude prices and a declining dollar, which wi...
Palestinian Investment Fund Completes Largest Bond Issue in Palestine's History Worth 150...
SadaNews - The Palestinian Investment Fund announced its success in conducting the largest bond issuance in Palestine's history, valued at 150 million US dollars for a period of five years, with the participation of a group of local and regional banks operating in the Palestinian market.
This...
Arab Bank is the Official Sponsor of the Third Tulkarm Festival for National Industries
SadaNews - As part of its commitment to supporting the national economy and enhancing the status of local companies and projects, Arab Bank announced its sponsorship of the Third Tulkarm Festival for Palestinian National Industries, organized by the Tulkarm Chamber of Commerce, Industry, and Agricul...
Gold Prices Stabilize at $4,381 per Ounce
SadaNews - Gold stabilized near a new record level, maintaining its support, despite market optimism over a decrease in global trade tensions and increasing hopes for the imminent reopening of the U.S. government.
The precious metal prices jumped by as much as 3.1% on Monday, peaking at $4,381.52...