Economic News

Back to Homepage
Jerusalem Index Begins the Week with Closing in the Green Zone, 'Paltel' Captures 49% of Today's Trading Volume

Jerusalem Index Begins the Week with Closing in the Green Zone, 'Paltel' Captures 49% of T...

SadaNews - Today's session saw trading values reaching $246,566, with a total trading volume of 85,245 shares. The market recorded 57 transactions today, where liquidity was concentrated at 49% in Palestinian telecommunications stocks. The Jerusalem Index closed today's session up by 1.44 points, a...
International Partnership to Revitalize the Palestinian Industry and Support the National Economy

International Partnership to Revitalize the Palestinian Industry and Support the National...

SadaNews - The General Union of Palestinian Industries held an extensive consultative meeting with the participation of heads of specialized industrial unions, representatives from the Ministries of Industry and Labor, along with international partners from the European Union and the Italian Agency...
Jordan Bank Launches 'Your Purchases Win You Cash' Campaign to Promote Electronic Payment Culture and Encourage Credit Card Use

Jordan Bank Launches 'Your Purchases Win You Cash' Campaign to Promote Electronic Payment...

SadaNews - Jordan Bank has launched a new promotional campaign titled "Your Purchases Win You Cash," targeting all bank clients who hold credit cards. This initiative is part of its ongoing efforts to promote the culture of electronic payments and encourage the use of credit cards as a safe and mode...
Al-Falih: We have signed agreements worth 20 billion riyals... and there is no ceiling for Saudi investments in Syria

Al-Falih: We have signed agreements worth 20 billion riyals... and there is no ceiling for...

SadaNews - Saudi companies have signed a package of investment partnerships and strategic contracts with Syrian government entities, including sectors such as aviation, telecommunications, infrastructure, and development initiatives, worth up to 20 billion riyals, to enhance investment cooperation a...
Currency Exchange Rates Against the Shekel on Sunday (February 8)

Currency Exchange Rates Against the Shekel on Sunday (February 8)

SadaNews - The currency exchange rates against the shekel today, Sunday (February 8), are as follows:
Al-Nabali and Al-Faris Company Announces Launch of New Agricultural Investment Project 'Tala'

Al-Nabali and Al-Faris Company Announces Launch of New Agricultural Investment Project 'Ta...

SadaNews Economy - Al-Nabali and Al-Faris Company has announced the launch of its new agricultural investment project 'Tala' in the Kingdom of Morocco, providing opportunities for individuals and companies of all types to invest with lucrative monthly returns. The project aims to develop the product...
Egypt establishes first sodium cyanide production plant in the Middle East

Egypt establishes first sodium cyanide production plant in the Middle East

Economy SadaNews - The Egyptian government announced on Saturday the establishment of the first sodium cyanide production plant in the Middle East in Alexandria Governorate on the Mediterranean coast, with an annual production capacity of 50,000 tons and investments of 200 million dollars in the fir...
Trump Cancels ‘Punitive’ Tariffs on India After Its Pledge to Stop Buying Russian Oil

Trump Cancels ‘Punitive’ Tariffs on India After Its Pledge to Stop Buying Russian Oil

SadaNews Economy - U.S. President Donald Trump made a decision late Friday to Saturday to cancel an additional 25% tariff that was previously imposed on Indian goods due to New Delhi's continued purchase of Russian oil, coinciding with the commencement of a trade agreement reached between the two si...
Currency Exchange Rates Against the Shekel (February 7)

Currency Exchange Rates Against the Shekel (February 7)

SadaNews Economy - The exchange rates of currencies against the shekel today, Saturday (February 7), are as follows: -Dollar: 3.12 -Dinar: 4.40 -Euro: 3.68
The European Union Announces the Twentieth Package of Sanctions on Russia

The European Union Announces the Twentieth Package of Sanctions on Russia

SadaNews - The European Union announced the twentieth package of sanctions on Russia, which includes the energy, financial services, and trade sectors, along with a complete ban on marine services for Russian oil. Ban on Marine Services for Transporting Russian Oil The sanctions proposal, released...
Tech Giants Inject $650 Billion in AI Race

Tech Giants Inject $650 Billion in AI Race

SadaNews - Four of the largest American technology companies expect their combined capital expenditures to reach around $650 billion by 2026, in a massive spending wave dedicated to building new data centers and providing the long list of devices needed to operate them, including artificial intellig...
Gold and Silver Continue to Decline Amid Strength of the Dollar

Gold and Silver Continue to Decline Amid Strength of the Dollar

SadaNews Economy - Gold and silver continued their losses today, Friday, erasing most of the gains they had made during a brief recovery earlier this week due to the global decline in technology company stocks and the rise in the value of the dollar. Gold fell 0.7% in spot trading to $4840.99 per o...