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Israel Studies New Model to Accelerate Reconstruction of Buildings Damaged by Iranian Miss...
SadaNews Economy translation - The Israeli occupation government is considering a new model that involves Israel purchasing the lands on which residential buildings were destroyed from the tenants, instead of granting them compensation for the damages caused by Iranian missiles. This plan comes as a...
Trump Calls for Federal Reserve Chairman to Resign Immediately
SadaNews - Former President Donald Trump reiterated his call for Jerome Powell, the Chairman of the U.S. Federal Reserve (the central bank), to resign, stating that the Chairman should do so immediately.
Trump had nominated Powell for the position during his first term. He was nominated for a secon...
Exchange Rates of Currencies Against the Shekel on Thursday (July 3)
SadaNews - The exchange rates of currencies against the shekel today, Thursday (July 3), are as follows:
Arab Bank Launches Incentive Initiative for Merchants to Recover 100% Commission on Paymen...
SadaNews - The Arab Bank has launched an exclusive incentive initiative designed to encourage merchants to use electronic Point of Sale (POS) devices to receive payments from their customers using direct payment and credit cards. The campaign grants all merchants a cash refund of 100% of the merchan...
America and Vietnam Reach Trade Agreement
SadaNews - On Wednesday, U.S. President Donald Trump announced that the United States has finalized a trade deal with Vietnam after months of negotiations, which includes imposing a 20 percent tariff on many imports coming from this Southeast Asian country.
This rate is lower than the initial tarif...
FAO: The Israeli War Has Devastated Agriculture in Gaza
SadaNews - The Food and Agriculture Organization (FAO) of the United Nations stated that the Israeli war on Gaza has devastated agriculture in the besieged sector, with only 4.6% of Gaza’s land remaining suitable for cultivation.
Abd al-Hakim al-Wa'ar, the FAO's Assistant Director-General and Regio...
The Monetary Authority Closes Several Exchange Shops and Imposes Fines on Others for Viola...
SadaNews Economy - The Monetary Authority has issued a decision to close several exchange shops/companies for violating the provisions of Instruction No. (01) for the year 2024 regarding the exchange rates of major currencies. This decision involved the closure of some shops or their branches, based...
Housing Bank Donates to the Health Center of Military Medical Services in Nablus
SadaNews - In recognition of the vital role the health sector plays in serving all citizens, the Housing Bank has made a donation to the Military Medical Services in Nablus by providing a medical device (hydrocollator) for heating compresses, which will serve hundreds of citizens who visit the healt...
Jerusalem Electricity Company Launches Innovative Awareness Initiative for Children to Enh...
SadaNews - As part of its deep commitment to social responsibility, the Jerusalem Electricity Company continues to implement innovative awareness workshops targeting children during the summer camps of 2025 in the Ramallah and Al-Bireh governorates. Based on its concern for the safety of its subscri...
Saudi Arabia Attracts $533 Million in First Off-Market Debt Trading
SadaNews - Saudi Arabia is witnessing new activity in debt trading following the launch of the off-market settlement option for sovereign riyal bonds, as part of the Kingdom's efforts to develop its financial markets and attract more foreign investors.
Approximately 2 billion riyals ($533 million)...
The Dollar Drops Near Its Lowest Level in 3.5 Years
SadaNews - The US dollar stabilized near its lowest levels since February 2022 against a basket of major currencies during Wednesday's trading, influenced by cautious signals from Federal Reserve Chairman Jerome Powell, alongside concerns over the potential repercussions of the massive spending bill...
Saudi Arabia and Morocco Map Out a Roadmap to Enhance Trade and Investment
SadaNews - Morocco and Saudi Arabia are seeking to increase trade exchanges and enhance the flow of investments by taking advantage of available opportunities, especially as both countries prepare to host the World Cups in 2030 and 2034, respectively.
Saudi Arabia achieves a significant trade surpl...