Economic News
Back to Homepage
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...
Oil Stabilizes After Sharp Drop Amid Anticipation of Tehran's Response to Washington's Pro...
SadaNews - Oil prices stabilized after falling by about 8% in the previous session, as the United States and Iran consider a new proposal to end the war in the Middle East.
Brent crude surpassed $102 per barrel, while West Texas Intermediate crude approached $96.
A source familiar with the matter...
Gold Stabilizes After Surge Supported by Hopes for an Agreement with Iran
SadaNews - Gold prices stabilized after their biggest daily increase since the end of March, as hopes for an agreement between the United States and Iran led to a drop in oil prices and eased inflation concerns.
The precious metal traded at around $4696 per ounce, after gaining 3% on Wednesday. The...
Currency Exchange Rates Against the Shekel on Thursday (May 7)
SadaNews - The currency exchange rates against the shekel today, Thursday (May 7), are as follows:
The Palestinian Islamic Bank Sponsors the First International Palestinian Conference on Nu...
SadaNews - Under the sponsorship of the Palestinian Islamic Bank, the activities of the First International Palestinian Conference on Nursing and Midwifery 2026 kicked off in Bethlehem, lasting for three days and organized by the Palestinian Nursing and Midwifery Association.
The conference was ina...
From the Himalayas to Everest.. Jerusalem Bank Ambassador Mustafa Salama Carries the Messa...
SadaNews - In a journey that carries a humanitarian dimension beyond the limits of sports and challenge, the global Palestinian adventurer and brand ambassador of the Jerusalem Bank, Mustafa Salama, continues his path towards the highest peaks in the world, carrying the message of Gaza's children an...
National Bank elects Said Zidan as Chairman of its Board of Directors and Nimer Abdul Wahi...
SadaNews - The new Board of Directors of the National Bank has elected Said Zidan as its Chairman and Nimer Abdul Wahid as Vice Chairman.
Zidan's assumption of the bank's board chairmanship, representing minority shareholders, marks a significant development reflecting the new board's commitment to...
Housing Bank and Friends of Birzeit University Association Sign Memorandum of Understandin...
SadaNews - The Housing Bank and the Friends of Birzeit University Association signed a memorandum of understanding aimed at implementing a comprehensive program for vocational rehabilitation, practical training, and career guidance. This program targets students expected to graduate, as part of join...
Palestinian Monetary Authority Launches "Shamsi Palestine" Program Worth $25 Million to Fu...
SadaNews - The Monetary Authority, in partnership with the steering committee of the "Shamsi Palestine" program, has launched a program to finance solar energy projects for local authorities, contributing to enhancing the transition to renewable energy and establishing the sustainability of public s...
Finance Minister Signs Agreements Worth Over 16 Million Euros to Develop Sewage Water in J...
SadaNews - The Minister of Finance and Planning, Dr. Istifan Salameh, has signed two new agreements as part of the (Renewal) project aimed at developing sewage water management and the reuse of treated water in the West Jenin area. This was during an official ceremony held at the ministry building,...
The General Assembly of the National Bank Holds Its Annual Ordinary Meeting
SadaNews - The General Assembly of the National Bank held its annual ordinary meeting with the participation of shareholders holding shares by virtue of ownership and proxy, representing 94.17% of the shareholders.
The meeting included the election of a new Board of Directors for the upcoming term,...
Samsung Joins the Trillion Dollar Club
SadaNews - Samsung Electronics has reached a market value of one trillion dollars, following strong demand for chips used in artificial intelligence, which led the world's largest memory manufacturer’s stock to rise more than fourfold over the past year.
This milestone came with the company's stock...