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Oil and Gold Prices Surge After Israel Targets Hamas Leaders in Qatar
SadaNews - Oil and gold prices rose after the Israeli army targeted leaders of the "Hamas" movement in the Qatari capital, Doha.
The price of Brent crude jumped by up to 1.5% reaching $67 per barrel, while West Texas Intermediate rose by about 1.7% to $63.
The price of gold also surged, breaking t...
Arkan Real Estate Company Achieves Profits Exceeding 14 Million Dollars in the First Half...
By Dr. Samah Al-Attout
SadaNews: Arkan Real Estate Company recorded a significant increase in profits for the first half of 2025 amounting to 14.4 million dollars, compared to 9.2 million dollars for the first half of 2024, with a growth rate of 56%.
The stock is trading below its book value,...
Ethiopia Launches "Grand Ethiopian Renaissance Dam" Amid Rising Tensions with Egypt and Su...
SadaNews Economy - Ethiopia officially inaugurated today, Tuesday, the Grand Ethiopian Renaissance Dam, which is considered the largest hydroelectric power facility in Africa, at a cost exceeding 5 billion dollars. This opening comes despite strong objections from Egypt and Sudan, which see the dam...
National Insurance Company Receives Official Delegation from Palestine Stock Exchange at I...
SadaNews - The National Insurance Company received an official delegation from the Palestine Stock Exchange today at its headquarters in Al-Bireh, which included Rola Al-Shanar, Chairwoman of the Exchange, Nihad Kamal, General Manager, Alaa Abu Rab, Director of Financial and Administrative Affairs,...
Ooredoo Continues to Expand Its Network of Stores and Comprehensive Services in Qalqilya
SadaNews - As part of its strategy aimed at enhancing its official presence and getting closer to its subscribers across various governorates in the homeland, Ooredoo Palestine announced the launch of its comprehensive services at the Inaya Plus Communications Exhibition in Qalqilya, with the attend...
Israel on the Edge of an Energy Crisis.. Gas Reserves Threatened with Depletion
SadaNews - In the absence of a clear government strategy, Israel enters a critical stage of the "countdown to gas," with official warnings about the possibility of depleting reserves within just two decades. This reality raises increasing concerns about the future of energy security, especially as n...
Global Bonds Rise 20% from Their Lowest Levels in 2022 Amid Anticipation of Interest Rate...
SadaNews - The global bond index has risen by more than 20% from its lowest level in 2022, as weak U.S. labor market data has bolstered expectations that the Federal Reserve will intensify monetary easing measures.
The Bloomberg Global Bond Index, which tracks the debts of countries and corporation...
Stability in Oil Prices After Saudi Arabia's Price Cuts and Anticipation of Demand Decline
Oil prices stabilized as investors assessed the prospects of declining demand after Saudi Arabia lowered prices for most of its crude grades.
Brent crude traded near $66 per barrel after closing up 0.8% on Monday, while West Texas Intermediate remained above $62. Saudi Aramco, the state-owned produ...
New Record Levels for Gold Prices Amid Interest Rate Cut Bets
SadaNews - Today, Tuesday, the price of gold recorded a new record level due to increasing expectations of a rate cut in the United States following weak U.S. employment data released last week.
The price of the precious metal rose by 0.3% to over $3,647 per ounce, surpassing Monday's peak and driv...
Currency Exchange Rates Against the Shekel on Tuesday (September 9)
SadaNews - The currency exchange rates against the shekel today, Tuesday (September 9), are as follows:
Gold Reaches New Peak Supported by Expectations of US Interest Rate Cut
SadaNews - Gold has reached an unprecedented new level today, Monday, surpassing $3,600 per ounce, after weak labor market data in the United States bolstered expectations that the Federal Reserve will cut interest rates next week.
Gold rose 1.4% to $3,639.3 per ounce in spot trading by 16:21 GMT...