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Warnings Against Europe's Dependence on American Visa and Mastercard
SadaNews - The CEO of the European Payment Initiative, Martina Weimert, warned of Europe's significant reliance on payment systems through American companies Visa and Mastercard.
Weimert stated in an interview with the Financial Times that Europe has good local payment cards, but "we do not have an...
Financial deficit in Israel rises by 4.9% despite January surplus
SadaNews - Israeli government data revealed that the annual financial deficit has risen to approximately 4.9% of GDP, an increase of 0.2 percentage points compared to the previous month, due to the inclusion of data from last year in the annual accounts, according to a report by the Israeli newspape...
Wasel Announces Its Financial Results for the Year 2025
SadaNews Economy - The Palestinian Distribution and Logistics Services Company (Wasel) has disclosed its preliminary consolidated financial results (unaudited) for the fiscal year 2025, reporting a profit of $2.38 million attributable to the company's shareholders compared to $950,000 for the same p...
Under the slogan "Together we celebrate creativity".. Quds Bank honors childhood creativit...
SadaNews Economy - Quds Bank honored the talented student Lin Zahir Al-Asili in recognition of her outstanding artistic achievement and for winning first place in the graphic arts category during the third season of the Teen Art Award held in Qatar. This step reflects the bank's commitment to suppor...
Palestine Stock Exchange Announces Its Business Results for 2025
SadaNews - Palestine Stock Exchange disclosed its business results and preliminary (unaudited) financial statements for the fiscal year 2025, achieving a net profit of $962,000 compared to $337,000 for the year 2024, indicating the beginning of its return to profitability levels that preceded the ag...
Palestine Bank is the Strategic Sponsor of the Palestinian Products Exhibition 2026
SadaNews: Palestine Bank has provided its strategic sponsorship for the events of the Palestinian Products Exhibition 2026 in its first edition, which will take place in the city of Ramallah over three days, organized by the Ministry of National Economy, the Ministry of Industry, the Palestinian Cha...
The Palestinian Insurance Companies Union Meets with the Minister of Transportation and Co...
SadaNews - Minister of Transportation and Communications Dr. Mohamed Al-Ahmad met with a delegation from the Palestinian Insurance Companies Union headed by the Union’s Chairman Anwar Al-Shanti. The delegation included board members: Nihad Al-Assad, Mohammed Al-Rimawi, Riad Al-Atrash, Ayman Al-Sabah...
Insurance Companies Union Launches Media Campaign to Encourage Electronic Payment of Vehic...
SadaNews - The Palestinian Insurance Companies Union launched a media campaign titled "Your Insurance is Ready," aimed at encouraging citizens to use electronic payment methods to settle vehicle insurance premiums, in a step that seeks to enhance digital transformation in the insurance sec...
Oil Prices Decline as Tensions Ease in the Middle East
SadaNews - Oil prices fell as tensions in the Middle East eased, reducing the likelihood of supply disruptions in the near term.
Brent crude dipped close to $67 per barrel after losing about 4% last week, while West Texas Intermediate crude was trading near $63.
Iran and the United States held tal...
Gold Prices Rise Again After a Tough Week for Investors
SadaNews - Gold prices rose as buyers looking to capitalize on dips returned to the market after an exceptional week of sharp volatility in precious metals.
Gold traded up and down around the $5,000 per ounce mark, trying to find solid ground after a historic selling wave at the end of last month....
Currency Exchange Rates Against the Shekel on Monday (February 9)
SadaNews Economy - The currency exchange rates against the shekel today, Monday (February 9), are as follows:
Ooredoo Palestine Achieves Positive Results in 2025 Despite Exceptional Circumstances
SadaNews - Ooredoo Palestine announced its preliminary financial results for the year 2025, which showed significant growth in profitability indicators and operational stability despite the political and economic challenges witnessed in Palestine and the Gaza Strip, especially during the year.
Ac...