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"Mastercard" Reconnects Syria to the Global Payment Network
SadaNews - Mastercard announced the completion of its readiness to process international banking card transactions within Syria, marking the first such move in over 15 years and paving the way for re-establishing the Syrian market's connection to the global payment network.
This step allows point-o...
Trump Gives Europe Until July 4 to Implement Trade Agreement
SadaNews - U.S. President Donald Trump stated that he had a "great call" with European Commission President Ursula von der Leyen on Thursday and granted the European Union a deadline until July 4 to implement what he referred to as the trade agreement; otherwise, Washington will raise tariffs to muc...
Currency Exchange Rates Against the Shekel (May 8)
SadaNews Economy - The currency exchange rates against the shekel today, Friday (May 8), were as follows:
- Dollar: 2.91
- Dinar: 4.10
- Euro: 3.41
Israel Bank: Foreign Currency Reserves Increased During April
Translation by SadaNews Economy - The Bank of Israel stated on Thursday that its foreign currency reserves reached 235.745 million US dollars by the end of April.
The bank pointed out, as translated by the SadaNews Economy section, that this total amount represents an increase of 6.326 million doll...
Members of the Monetary Authority's Board of Directors Take Oath Before the President (Pho...
SadaNews: The members of the Board of Directors of the Palestinian Monetary Authority took the legal oath today, Thursday, before the President of the State of Palestine, Mahmoud Abbas.
The following individuals took the legal oath:
Mr. Majdi Al-Hasan representing the Ministry of Finance by virtue...
Jordan and the European Union Sign Financing Agreements Worth 135 Million Euros
SadaNews - Minister of Planning and International Cooperation Zeina Touqan witnessed on Thursday the signing of three financing agreements totaling 135 million euros, as part of the strategic and comprehensive partnership between the European Union and Jordan.
The agreements aim to enhance cooper...
"Abu Dhabi Commercial Bank" Expects Saudi Budget Deficit to Decrease Despite Increased Spe...
SadaNews - Abu Dhabi Commercial Bank expects the Saudi budget deficit for the year 2026 to decrease more than previously anticipated before the outbreak of the Iran war, driven by rising oil prices, despite increased government spending and a slight decline in revenues during the first quarter.
Mon...
Layoffs and Activity Reduction in Israel: The Impact of the Shekel and Oil on the Company...
SadaNews - A Hebrew report published in the "Calcalist" newspaper revealed the depth of the crisis facing the export and industry sector under the occupation. It reported that the company "Starplast," a leader in the production and export of plastic products, has started implementing severe austerit...
Significant Growth in the Jerusalem Index.. These are the Most Rising and Falling Companie...
Special to SadaNews: Data released by the Palestinian Stock Exchange shows an increase in the stock prices of some companies and a decline in others during the period from April 2025 to the end of April 2026. So, which companies saw the highest and lowest change over the year?
National Mobile Commu...
Asian Stocks Reach Record Levels Amid Optimism for Ending Iran War
SadaNews - Asian stocks rose to record levels, driven by a surge in Japanese stocks as they returned from holiday, amidst growing optimism that the United States and Iran are nearing an agreement to end the conflict that has shaken markets and clouded economic prospects.
The "Nikkei 225" index jump...
What Does the Expected Lifting of American Sanctions Mean for Iran's Economy?
SadaNews - The battlefronts between the United States and Iran have extended into multiple domains, political, cultural, and economic, following the outbreak of the Iranian revolution in 1979. One of the most notable aspects at the economic level was Washington's freezing of huge amounts of Iranian...
China asks its banks to suspend loans to US-sanctioned refineries
SadaNews - China's financial regulatory authority urged the country's major banks to temporarily suspend new loans to five refineries recently sanctioned by the United States due to their ties to Iranian oil, according to people familiar with the matter.
The National Administration of Financial Reg...