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The Palestinian Union of Industries Signs a Memorandum of Understanding to Enhance Social...
SadaNews - As part of enhancing national partnerships and activating the role of social responsibility, the Palestinian Union of Industries, represented by its Chairman Nasar Nasar, has signed a memorandum of understanding and strategic cooperation with Dr. Mamoun Rashid, the representative of the G...
Gold prices near $4,830 an ounce... and silver ounce near $80
SadaNews - Gold prices recorded an increase during the trading session on Sunday, April 19, with the price of an ounce of gold reaching approximately $4,830.
Meanwhile, the price of an ounce of silver was recorded near $80.
The price of gold had fallen by about 8% since the beginning of the war, a...
Currency Exchange Rates Against the Shekel on Sunday (April 19)
SadaNews - The currency exchange rates against the shekel today, Sunday (April 19), are as follows:
Mart App Tops the Palestinian E-commerce Market in Q1 2026
SadaNews: Official data and statistics from specialized agencies monitoring the e-commerce sector in Palestine have shown that the Mart app achieved the top position in the Palestinian market during the first quarter of 2026, in terms of the volume of orders, interaction rate, and number of active u...
Iran's War Reveals a Weakness for Trump: Economic Pressure
Economy SadaNews - Seven weeks of war have failed to topple Iran's rulers or force them to meet all the demands of U.S. President Donald Trump, but for U.S. adversaries and allies alike, it has unveiled one of his main weaknesses; economic pressure, according to an analysis by Reuters.
Even with Ir...
Currency Exchange Rates Against the Shekel (April 18)
SadaNews Economy - The currency exchange rates against the shekel today, Saturday (April 18), are as follows:
- Dollar: 2.96
- Dinar: 4.18
- Euro: 3.49
Reuters: Indian Refining Companies Pay for Iranian Oil Shipments in Yuan
SadaNews - Reuters reported citing informed sources that Indian oil refining companies are settling payments for shipments of Iranian oil, purchased under a temporary exemption from U.S. sanctions, using Chinese yuan through ICICI Bank in Mumbai.
Traders indicated that the difficulties facing payme...
Oil Drops 11% After Tehran Announces Opening of the Strait of Hormuz
SadaNews - Oil prices fell by more than 11% after Iran announced the complete opening of the Strait of Hormuz to commercial ships throughout the ceasefire period reached with Washington.
The London Stock Exchange and the "Investing.com" website reported that the price of Brent crude fel...
Israeli economist anticipates central bank intervention to regulate dollar exchange rate
Translation of SadaNews Economy - Uri Greenfield, chief strategist at the Israeli investment firm "Psagot", suggested that the Bank of Israel may intervene in the near future to try to regulate the exchange rate of the dollar against the shekel.
The dollar has fallen below 3 shekels for...
Data: Pakistan-flagged tanker carrying Emirati crude exits Hormuz
SadaNews Economy - Shipping data released by "Kpler" and the London Stock Exchange indicated that the oil tanker (Shalamar) flying the Pakistani flag sailed from the Gulf through the Strait of Hormuz loaded with crude oil that was loaded from the UAE, according to "Reuters".
The "Kpler" data showed...
Currency Exchange Rates Against the Shekel (April 17)
SadaNews Economy - The exchange rates of currencies against the shekel today, Friday (April 17), are as follows:
-Dollar: 2.98
-Dinar: 4.21
-Euro: 3.52
Why did the dollar fall below the 3 shekels mark for the first time in decades?
SadaNews Economy - The financial market in Israel has witnessed a dramatic transformation, the first of its kind in over thirty years, as the Israeli shekel broke below the 3 shekels mark against the U.S. dollar, recording a level of 2.993 during trading on Wednesday.
This historic breakthrough, no...