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Currency Exchange Rates Against the Shekel on Wednesday (April 29)
SadaNews - The currency exchange rates against the shekel today, Wednesday (April 29), are as follows:
"Transport" Announces Start of Implementing License Fee Discounts for Employees and Retire...
Economy SadaNews - The Ministry of Transport and Communications, in coordination with the Ministry of Finance and Planning, announced today, Tuesday, the start of implementing the mechanism to benefit from the directives of the Prime Minister and the decision of the Cabinet regarding the discount of...
Ooredoo Palestine Announces Its Financial Results for the First Quarter of 2026
SadaNews Economy - Ooredoo Palestine announced its financial results for the first quarter of 2026. According to the financial disclosure statement issued by the company, revenues reached 28.6 million USD, achieving a growth of 11% compared to the same period last year. Meanwhile, operating profits...
UAE Announces Decision to Exit OPEC and OPEC+
SadaNews Economy - The United Arab Emirates announced on Tuesday its decision to exit the Organization of the Petroleum Exporting Countries (OPEC) and OPEC+, effective from May 1, 2026, according to the official UAE News Agency (WAM).
This decision aligns with the UAE's long-term strategic and econ...
Palestinian Islamic Bank Signs Cooperation Agreement with Birzeit University Friends Assoc...
SadaNews - The Palestinian Islamic Bank signed a cooperation agreement with the Birzeit University Friends Association to contribute to supporting underprivileged students and empowering them to exercise their right to education by supporting the association's activities and providing training oppor...
Hebrew Report: For the First Time.. A Decrease in Development Jobs in Israel's Advanced Te...
SadaNews Economy Translation - An economic report published by the Hebrew newspaper Calcalist showed a decrease of 1.1% in the number of employees in research and development jobs within the advanced technology sector in Israel, marking the first decline of its kind in this field.
According to the...
The Strong Shekel Threatens the Israeli Economy by Pushing Exporters and Technology Compan...
SadaNews Economy Translation - The record rise of the Israeli shekel, which broke the barrier of 3 shekels per dollar for the first time in three decades, poses a direct threat to the export sector and Israeli technology companies that rely on the dollar for their revenues.
According to a report...
With Oil Prices Rising.. Major Banks Recommend These Currencies
SadaNews - Major financial institutions, including Deutsche Bank and JPMorgan, have advised investors to bet on energy-linked currencies, amid the repercussions of the war in Iran and rising oil prices.
According to the recommendations reported by Bloomberg, there is a preference for currencies suc...
Sudanese Minister of Minerals to Al Jazeera Net: Huge Foreign Investment and a Force to Co...
SadaNews - The Sudanese Minister of Minerals, Noor al-Daem Taha, revealed arrangements and plans to curb gold smuggling through electronic monitoring, a joint force from military and security agencies, and encouraging policies and incentives for exporters.
The Mineral Resources Company, the "superv...
The European Union Funds Palestinian Medical Referrals to Hospitals in Jerusalem with €9.2...
SadaNews - Alexander Stutzmann, the EU representative, announced yesterday at Augusta Victoria Hospital the allocation of €9.29 million to support Palestinian medical referrals to hospitals in East Jerusalem through the EU's PEGASE mechanism, funded by Finland, Italy, Luxembourg, and Switze...
Rising Oil Prices as the War Drags On and the Strait of Hormuz Remains Closed
SadaNews - Oil prices continued to rise today, Tuesday, amidst the stalled international efforts to end the war between the United States and Iran, increasing concerns in global markets.
This rise comes as the closure of the Strait of Hormuz continues almost completely, a vital corridor for energy...
Gold and Silver Experience Fluctuations Amid War Developments
SadaNews - Gold stabilized significantly as traders assessed the latest U.S. and Iranian efforts to reach a negotiated solution to the two-month-long war, which has strangled energy supplies and raised inflation risks.
The precious metal recorded about $4657 per ounce after a decline of 0.6% on Mon...