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Industrial Production in Palestine Records a 3.11% Increase in August 2025
SadaNews - The Central Bureau of Statistics reported that the industrial production index recorded an increase of 3.11% during August compared to the previous month of July, as the industrial production index rose to 87.58 in August compared to 84.94 in July.
The statistics office added in a statem...
Controlling the Digital Dollar.. Could Europe Be Revived?
SadaNews - The European financial sector is witnessing a surge in blockchain technology trials, and the "SWIFT" banking network is launching a plan to create a distributed ledger, while nine banks, including "ING Groep" and "Unicredit", are preparing to launch a euro-pegged stablecoin.
The digital...
Why Do Young People Bet on Risks Instead of Saving?
SadaNews - In an era where economic promises have faded away, the youth generation is reshaping the concept of financial security. While saving and cautiously investing in stable, large company assets were the cornerstones of wealth for previous generations, young people today find these pathways no...
Swedes Stockpiling Food in Anticipation of Possible War Amid Rising European Concerns
SadaNews - The number of Swedes stockpiling food and cooking supplies is increasing in preparation for the potential outbreak of war in Europe, in response to authorities' calls to enhance civil readiness as part of a comprehensive defense strategy.
Government agencies encourage citizens to stockpi...
Turkey Records Slight Increase in Inflation for the First Time in 16 Months
SadaNews - Turkey recorded a slight increase in inflation in September, reaching 33.29% year-on-year, compared to 32.95% in August, marking the first rise in over a year, according to official figures released yesterday, Friday.
This slight increase is the first after 16 consecutive months of decli...
Oil Suffers Sharp Weekly Loss Amid Growing Concerns
SadaNews - Oil prices rose at the close on Friday but recorded a weekly loss of 8.1% following news of potential increases in OPEC+ supplies.
Brent crude futures increased by 42 cents, or 0.7%, to $64.53 per barrel, while U.S. West Texas Intermediate crude rose by 40 cents, also 0.7%, to $60.88 per...
Ministry of Labor Opens Voting for the Name of the National Employment Platform Using Arti...
SadaNews Economic - The Palestinian Ministry of Labor, in partnership with the Belgian Development Agency (Enabel) and with support from the European Union, announced the launch of a voting process to choose the name of the new national employment platform, which leverages artificial intelligence te...
Currency exchange rates against the shekel (October 4)
SadaNews Economy - The currency exchange rates against the shekel today, Saturday (October 4), are as follows:
-Dollar: 3.29
-Dinar: 4.64
-Euro: 3.86
Increase in Global Gold Prices
SadaNews Economy - Gold prices have risen, supported by expectations that the Federal Reserve (the U.S. central bank) will lower interest rates this month and increased demand for safe-haven assets amid the ongoing U.S. government shutdown.
Gold rose in spot transactions by 0.6% to $3,887 per ounce...
Exchange Rates of Currencies Against the Shekel (October 3)
SadaNews Economy - The exchange rates of currencies against the shekel today, Friday (October 3), are as follows:
-Dollar: 3.31
-Dinar: 4.67
-Euro: 3.88
The Monetary Authority Forms a National Team for Cyber Monitoring and Response in the Bank...
SadaNews - The Monetary Authority has announced the formation of a consulting team for cyber monitoring and response in the banking sector, as part of its efforts to enhance cybersecurity and improve the resilience and protection of financial and banking institutions in Palestine.
The formation of...
Following a 7% Decline.. Oil Prices Stabilize
SadaNews - Oil prices stabilized after falling by around 7% this week ahead of the planned "OPEC+" meeting at the end of the week, which may witness a return of more supplies to the market, amid expectations of an oversupply situation.
Brent crude traded below $66 per barrel, while West Texas Inter...