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Jerusalem Bank in Germany: A Prominent Presence at CybOS 2025 Conference
SadaNews - Jerusalem Bank participated in the CybOS 2025 Conference held in Frankfurt, Germany, from September 29 to October 2, with the attendance of over 12,000 members of the global financial community, including leading financial institutions and banks, aimed at exchanging ideas, building relati...
Stability in Gold Prices After Record Surge
SadaNews - Gold prices stabilized following a five-day surge that saw consecutive record highs, coinciding with the start of the government shutdown in the United States, while traders increased their bets on interest rate cuts by the Federal Reserve after weak private sector employment data.
Spo...
The Cabinet Approves Incentive Discount for Electronic Payment of Insurance Policies
SadaNews - The Cabinet approved in its session held on 30/9/2025 allowing insurance companies to grant an incentive discount of up to 10% on the value of mandatory vehicle insurance policies (personal injury and third party) for those policies paid through electronic payment methods, following a rec...
Change in Electricity Price Determination Mechanism in Israel Starting 2026
SadaNews - The mechanism for determining electricity prices in Israel is set to change from annual updates to quarterly updates (every 3 months), making the tariff more closely linked to fluctuations in fuel prices, the dollar, and the consumer price index, starting from 2026.
Additionally, prices...
Palestinian Islamic Bank Participates in Sibos 2025 Conference and Exhibition
SadaNews - The Palestinian Islamic Bank is participating in the Sibos 2025 Conference and Exhibition, which commenced its activities in Frankfurt on Monday, September 29, 2025, and will continue for four days, organized by the Society for Worldwide Interbank Financial Telecommunication (SWIFT). This...
How Does the Government Shutdown Affect the U.S. Economy?
SadaNews - The United States finds itself once again facing a deep political and economic crisis after the federal government has shut down for the first time in nearly seven years, opening the door to a new wave of institutional paralysis and uncertainty about the contours of President Donald Trump...
"National Insurance" Provides Largest Compensation to Royal Company for Fire Damages
SadaNews - In an unprecedented move reflecting its solid financial position and leadership in the insurance market, the National Insurance Company announced a historic compensation for Royal Industrial Company – Hebron, amounting to approximately 8 million US dollars (7,866,000 dollars), thus...
Double Blow to Roaming: October 2023 War Closes Skies and Reduces Profits of Israeli Telec...
SadaNews Economy - The war on October 7, 2023, and the conflict between Iran and Israel has led to a sharp decline in air traffic and tourism, resulting in a significant drop in revenues from international roaming services, which are a stable income source during travel seasons.
According to data...
Gold price rises to $3,875 per ounce
SadaNews - The price of gold continued to gain, reaching a new record level, extending a rising trend for the fourth consecutive day, amid a government shutdown in the United States that may boost demand for safe assets.
Gold in the spot market rose to touch $3,875.53 per ounce, surpassing Tuesday’...
Arab Bank Supports Awareness Campaign and Free Early Breast Cancer Screening
SadaNews - The Arab Bank announced its sponsorship of the awareness campaign and free screenings for women to detect breast cancer early, organized by the Dunya Association for Women's Cancer under the slogan "Your Right to Screening is Your Right to Life" in celebration of Breast Canc...
Palestinian Monetary Authority and Khadouri University Sign Memorandum of Understanding to...
SadaNews - The Palestinian Monetary Authority and the Palestine Technical University - Khadouri signed a memorandum of understanding today, Tuesday, aimed at enhancing joint cooperation in the fields of scientific research, training, and financial education, which contributes to developing students'...
Following Sharp Losses.. Oil Prices Stabilize
SadaNews - Oil prices stabilized after declining for two consecutive days, as traders assess the possibility that the OPEC+ alliance may consider accelerating its plans to increase supplies during its meeting scheduled for the end of this week.
Brent crude for December delivery was trading near $66...