Economic News
Back to Homepage
Slight Rise in Oil Prices as Markets Focus on U.S. Inventory Data
SadaNews - Oil prices rose slightly after a mixed report on U.S. inventories was released, as traders continued to focus on broader supply forecasts, with the "OPEC+" alliance maintaining its production increases and the expansion of U.S. output.
Brent crude climbed close to $66 a barre...
For the First Time.. The Ounce Exceeds $4000
SadaNews - The prices of spot gold have risen above the level of $4,000 per ounce for the first time, as fears regarding the U.S. economy escalate and the government shutdown continues, adding new momentum to the strong rise of the precious metal.
Gold increased by 0.4% to reach $4,001.11 per ounce...
Currency Exchange Rates Against the Shekel on Wednesday (October 8)
SadaNews - The currency exchange rates against the shekel today, Wednesday (October 8), are as follows:
Two Years After the Genocide War: Gaza Communications Amid Challenges and Recovery Hopes
SadaNews: In 2025, nearly two million citizens in the Gaza Strip are still deprived of modern communication services due to restrictions imposed by the Israeli occupation authorities, in clear violation of the residents' right to access technology and basic services, as stated in a statement issued...
"Not a Slogan, but an Actual Service" Early Detection Campaign by Bank of Jerusalem in Par...
SadaNews - In line with its deep commitment to supporting women's health and actively contributing to community service, the Bank of Jerusalem, in collaboration with Al-Mutala Hospital, is implementing an early breast cancer detection campaign through a mobile clinic, which will travel to several ci...
More Optimistic Predictions: The World Bank Raises Estimates for Growth in the Middle East...
SadaNews - The World Bank has raised its growth forecasts for the region that includes the Middle East, North Africa, Afghanistan, and Pakistan for 2025, but has downgraded them for the upcoming year, attributing the adjustments to conflicts and declining oil production in Iran and Libya.
The Washi...
"MAS" presents policies to reduce Israeli financial measures and the shekel surplus crisis
SadaNews - The Palestinian Economic Policy Research Institute "MAS" has issued a policy brief summarizing the study "Palestinian Options to Mitigate the Effects of Israeli Punitive Financial and Banking Measures: A Reference and Policy Study." This study focuses on a number of ke...
War Disrupts Half a Million Workers and Causes Economic Losses Exceeding 9 Billion Dollars
SadaNews - The Secretary-General of the Palestinian General Federation of Trade Unions (PGFTU), Shaer Saad, stated that the ongoing Israeli aggression against our people since October 7, 2023, has caused over 507,000 Palestinian workers to be unable to work for more than two years, resulting in econ...
Bitcoin Approaches $126,000 and Achieves New Highs
SadaNews - Bitcoin has recorded a new all-time high today, Monday, as the world's largest cryptocurrency by market capitalization continues to benefit from strong demand from investors.
The increase since the beginning of the year has been supported by institutional investments, more lenient polici...
Gold Prices Approach $4,000 an Ounce
SadaNews - Gold prices have reached a new record level, approaching $4,000 per ounce, amid increasing uncertainty caused by the U.S. government shutdown and the political crisis in France.
Gold rose to $3,977.44 an ounce after a jump of 1.9% on Monday. The suspension of federal activities that be...
Exchange Rates of Foreign Currencies Against the Shekel on Tuesday (October 7)
SadaNews - The exchange rates of foreign currencies against the shekel today, Tuesday (October 7), are as follows:
Al-Quds Al-Sharif Welfare Agency Funds Small Projects in Jerusalem Governorate Villages
SadaNews - The Al-Quds Al-Sharif Welfare Agency launched today, Monday, a bundle of small support projects aimed at securing sustainable income sources for needy families in several villages in the Jerusalem governorate, with support from the Moroccan Association for the Reconstruction of Palestine....