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Saudi "Midad" Invests $5.4 Billion with "Sonatrach" for Hydrocarbons Production in Algeria
SadaNews - The Algerian hydrocarbons company "Sonatrach" and the Saudi North Africa energy company Midad signed a production-sharing agreement today, Monday, to explore and exploit hydrocarbons in the "Illizi" region in southern Algeria.
According to a statement, the total planned investments for e...
Oil Prices Rise After US's Conciliatory Tone Toward China
SadaNews - Oil prices rose after US President Donald Trump's administration expressed readiness to reach an agreement with China to contain the renewed trade tensions between the world's largest crude consumers.
Brent crude climbed above $63 a barrel after falling 3.8% on Friday, marking its larges...
Gold prices reach a new record level of $4068 per ounce
SadaNews - The price of silver has reached its highest level in decades, influenced by an unprecedented short squeeze in London that has supported the significant rise since the beginning of the year, while gold has reached a new peak supported by investor enthusiasm for precious metals.
Spot silve...
Currency Exchange Rates Against the Shekel on Monday (October 13)
SadaNews - The currency exchange rates against the shekel today, Monday (October 13), are as follows:
The Latest in the Region.. Golden Wheat Mills Announces Completion of 6 Development Projec...
SadaNews - Golden Wheat Mills has announced the completion of modernization and development work to increase the mill's production capacity and maintain the quality of its products, as part of the company's strategic plan to invest in developing infrastructure and control, production, and packaging...
The Launch of a New Digital Entry System for the European Union
SadaNews - The member states of the European Union began today, Sunday, to implement a new entry and exit system at the external borders of the bloc, where data from non-EU citizens will be registered electronically.
The entry and exit system will be applied over a period of 6 months, featuring an...
Arab Bank Renews Cooperation Agreement with SOS Children's Villages Palestine
SadaNews - The Arab Bank recently renewed its cooperation agreement with SOS Children's Villages Palestine to support two homes in the village in Bethlehem, as part of its commitment to providing support for social initiatives aimed at ensuring care and a dignified life for children without family c...
Egypt: Gradual Operation of the Fifth Regasification Vessel "Energos Winter"
SadaNews - The Egyptian Ministry of Petroleum and Mineral Resources has gradually begun the operation of the fifth regasification vessel "Energos Winter" at the end of last week, with a capacity of 70 million cubic feet of gas per day, according to a government official.
The Ministry has completed...
Housing Bank contributes to drilling a water well in Kfar Ra'i
SadaNews - As part of its commitment to social responsibility and promoting the principle of sustainable development, the Housing Bank has contributed by donating to the construction of a water well in Kfar Ra'i, Jenin, with the aim of providing sustainable water sources to assist farmers in irrigat...
Artificial Intelligence at the Core of Central Bank Discussions During IMF Meetings
SadaNews - Policymakers, already concerned about rising trade tensions and public debt inflation, are preparing to face a new worry next week: the risk of a financial market collapse.
Monetary policy makers and finance ministers from around the world will gather in Washington for the fall meeting...
Currency Exchange Rates Against the Shekel on Sunday (October 12)
SadaNews - The currency exchange rates against the shekel today, Sunday (October 12), are as follows:
Al-Quds Agency Supports 6 Palestinian Startups at "Expand North Star 2025" Exhibition in D...
SadaNews - The Al-Quds Agency is participating in the "Expand North Star 2025" exhibition, which opens tomorrow, Sunday, in Dubai, and will continue until October 15, coinciding with the opening of the social and economic season in Jerusalem 2025-2026.
The agency is participating in this inte...