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Appointment of Engineer Mohamed Awartani as CEO of "Taqa" Company
Economy SadaNews - The board of directors of "Taqa" Company announced the appointment of Engineer Mohamed Awartani as its CEO, who will lead the company in implementing its strategy to develop renewable energy projects in Palestine.
Engineer Awartani has over fifteen years of experience...
Moroccan Finance Minister: We Must Accelerate Economic Reforms and Provide Job Opportuniti...
SadaNews - The Moroccan Finance Minister Nadia Fettah Alaoui stated that her country needs to accelerate the pace of economic reforms and provide more job opportunities for youth, describing the recent protests of Generation Z as a "wake-up call."
Alaoui added during a discussion session at the "S...
Banks in Gaza: Between Statements from the Monetary Authority and Ground Reality
SadaNews Follow-up: Local media reported this morning information regarding the beginning of bank operations in the Gaza Strip, based on a statement from the Deputy Governor of the Palestinian Monetary Authority, Mohamed Monasera, who announced during a radio interview that the Monetary Authority ha...
Towards Broader Financial Empowerment for Cooperatives: Launch of a Campaign to Enhance Aw...
SadaNews - The Ministry of Labor / Cooperative Work Sector and the Rural Development Association, in collaboration with the Association of Banks in Palestine and the Palestinian Monetary Authority, funded by Oxfam, launched a campaign to enhance awareness about cooperative work in the banking sector...
Federal Reserve Records Indicators of Slowing in the U.S. Economy
SadaNews - Economic activity in the United States has not seen any significant change in recent weeks, while employment levels have remained largely stable, according to the U.S. Federal Reserve.
The "Beige Book" released on Wednesday by the Federal Reserve, which is based on a survey conducted amo...
Gold Prices Reach New Heights Exceeding $4,227 an Ounce
SadaNews - Gold has reached a new record level amid rising tensions between the United States and China, and increasing bets that the U.S. Federal Reserve will maintain its monetary easing policy until the end of the year, thus boosting demand for the precious metal.
Gold has risen nearly 5% since...
Rising Oil Prices After Trump's Statements on India's Stop of Purchasing Russian Crude
SadaNews - Oil prices have risen from their lowest levels in five months after U.S. President Donald Trump stated that Indian Prime Minister Narendra Modi pledged to stop his country's purchases of Russian oil, a move that could tighten global supplies.
Brent crude traded above $62 a barrel after d...
Exchange Rates of Currencies Against Shekel on Thursday (October 16)
SadaNews - The exchange rates of currencies against the shekel today, Thursday (October 16), are as follows:
New Record in Global Electric Car Sales
SadaNews Economy: Market research company "Ro Motion" reported on Wednesday that global sales of electric and hybrid cars rose by 26% in September compared to last year, reaching a record number of 2.1 million units, driven by strong demand in China and a late rush to take advantage of tax...
The Consumer Price Index in Israel Decreased Last Month
SadaNews Economics Translation - The Consumer Price Index in Israel decreased by 0.6% in September 2025 compared to August 2025.
According to the Consumer Protection Agency in Israel, over the past 12 months (September 2025 compared to September 2024), the Consumer Price Index rose by 2.5%.
No...
Ministry of Industry Launches the "Sustainable Handicraft Village for Shoes and Leather" P...
SadaNews - The Ministry of Industry launched the Sustainable Handicraft Village for Shoes and Leather project in the city of Hebron, in the presence of Minister of Industry Mr. Arafat Asfour, the Economic Development Program Officer at the Italian Cooperation Giuseppe Marano, the representative of t...
Palestinian Islamic Bank Announces Resumption of Operations at Gaza Branch Starting Thursd...
SadaNews - The Palestinian Islamic Bank has announced the completion of preparations to resume operations at the Gaza branch – Omar Al-Mukhtar Street, and to receive and serve customers starting Thursday, 16/10/2025.
The General Manager of the Palestinian Islamic Bank, Dr. Imad Al-Saadi, st...