Economic News
Back to Homepage
Palestine Bank Supports Steps for Sports Development Programs
SadaNews - Palestine Bank has provided its support to the Steps Foundation to enhance its sports programs and educational activities, aimed at developing the physical and mental capabilities of children and improving their life skills, in addition to expanding their cultural and educational horizons...
Jordanian Central Bank Decides to Maintain Interest Rate
SadaNews - The Open Market Operations Committee of the Jordanian Central Bank held its first meeting for 2026, where it decided to keep the "key interest rate of the central bank" and other interest rates on monetary policy instruments unchanged at their current levels. This decision comes based on...
Oil Continues to Rise Amid Increasing US Threats to Iran
SadaNews - Oil prices rose for the third consecutive day after US President Donald Trump warned Iran that it must reach a nuclear deal or face military strikes, reviving fears of potential disruptions and supply outages in the Middle East.
The prices of March delivery Brent crude contracts increa...
Norwegian Sovereign Wealth Fund Reduces Its Stakes in Major American Technology Companies
SadaNews - The Norwegian sovereign wealth fund, valued at $2.2 trillion, has reduced its stakes in the largest American technology companies, including its largest investment in Nvidia, during the second half of 2025, according to a recent investment list published.
By the end of the year, the "Nor...
Gold Surpasses $5,500 and Silver Records New All-Time High
SadaNews - Gold prices have surged to an unprecedented record level, exceeding $5,500 per ounce, continuing a sharp upward trend fueled by the weakness of the US dollar and investor aversion to sovereign bonds and currencies.
The precious metal rose by as much as 3.2%, adding to gains of 4.6% in th...
Currency Exchange Rates Against the Shekel on Thursday (January 29)
SadaNews - The exchange rates of currencies against the shekel today, Thursday (January 29), are as follows:
Knesset Approves 2026 Budget in First Reading
SadaNews - The Knesset's plenum has approved the state budget bill for 2026 in the first reading, in a move aimed at temporarily maintaining the cohesion of the government coalition, despite ongoing disputes over the law exempting Haredim from military service.
The approval came with a majority of...
The U.S. Federal Reserve Holds Interest Rates Steady in Its First Meeting of 2026
SadaNews - On Wednesday, the U.S. Federal Reserve (the central bank) kept the interest rate unchanged, in line with expectations, as the Federal Open Market Committee maintained the overnight lending rate in a range of 3.5% to 3.75%.
Markets had expected the "Fed" to ignore repeated calls from Pres...
Smotrich Calls on Bank of Israel to Rapidly Lower Interest Rates
SadaNews Economy Translation - Israeli Finance Minister Bezalel Smotrich called on Wednesday evening the Governor of the Bank of Israel to significantly and quickly lower interest rates.
Smotrich stated at a press conference before the budget presentation in the Knesset, as translated by the SadaNe...
Artificial Intelligence Causes Amazon to Lay Off 16,000 Employees
SadaNews - Amazon has announced its intention to terminate the services of around 16,000 employees working in administrative offices, intensifying its efforts to simplify bureaucracy amid rising competition in the field of artificial intelligence.
Beth Galetti, Amazon's Senior Vice President for Em...
Palestine Stock Exchange: 15 Companies Traded Today with Low Trading Levels
SadaNews - The Palestine Stock Exchange announced that today’s session saw trades amounting to $173,201, while the total volume of shares traded reached 91,320 shares. The market today experienced 56 transactions, with 30% of the liquidity concentrated in trades for Palestine Development and Investm...
Palestinian Contractors Union Issues a Set of Decisions to Regulate the Work of Member Con...
SadaNews - The Palestinian Contractors Union has issued a set of decisions to regulate the work of member contracting companies in light of the "unjust" practices that have begun to be imposed on these companies in many contracts. The union stated in a statement today, "In light of th...