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How long will it take for the global economy to recover?
SadaNews - The global economy is witnessing the features of a complex phase of rebalancing, as the shocks of war leave long-term effects that do not cease with the end of conflicts but rather persist for varying periods, impacting economic growth forecasts.
In this context, policymakers are facing...
The Arab Labor Organization Issues Urgent Decisions to Support Palestinian Workers
SadaNews - The Board of Directors of the Arab Labor Organization has decided in its (104th) session to issue a package of urgent decisions to support Palestinian workers and enhance their resilience in the occupied territories, based on a detailed report that monitored the devastating effects of the...
Asian Stocks Jump to Three-Week High After Iran War Ceasefire
SadaNews - Oil prices fell at their largest pace in nearly six years, while Asian stocks jumped after the United States and Iran agreed to a two-week ceasefire, providing markets with a respite from the turmoil caused by the conflict in the Middle East.
West Texas Intermediate crude dropped by as m...
Ship Owners Await Details of Agreement to Open Hormuz for 800 Stranded Vessels
SadaNews - Ship owners have rushed to understand the details of a ceasefire agreement that may temporarily open the Strait of Hormuz, hoping to take advantage of a potential window to free more than 800 vessels stranded in the waters of the Arabian Gulf.
The near-total closure of this vital waterwa...
Currency Exchange Rates Against the Shekel on Wednesday (April 8)
SadaNews - The currency exchange rates against the shekel today, Wednesday (April 8), are as follows:
الذهب يواصل مكاسبه بعد إعلان تعليق الهجمات على إيران
Oil Drops 14% After Trump Announces Ceasefire
SadaNews Economy - Oil fell below $100 a barrel on Wednesday after U.S. President Donald Trump announced his agreement to a two-week ceasefire with Iran, provided that the Strait of Hormuz is reopened immediately.
Brent crude dropped by $14.84, or 13.6%, to $94.43 per barrel, while West Texas Inter...
Collective decline in Bitcoin and risky assets as Trump’s deadline approaches
SadaNews - The price of Bitcoin fell in Asia on Tuesday, as cryptocurrencies were affected by broader market volatility with the approaching deadline set by President Donald Trump for Iran.
The largest cryptocurrency dropped by 2.2%, trading around $68,800 at 1:15 PM Singapore time. The decline wip...
The Arab Islamic Bank Holds Its 30th Annual General Assembly Meeting
SadaNews - The Arab Islamic Bank held its 30th Annual General Assembly meeting for the year 2025 at its headquarters in the Al-Masyoun neighborhood of Ramallah, attended by Rushdi Al-Ghalayini, Chairman of the Board, General Manager Mr. Hani Nasser, Dr. Mohamed Hanini, Chairman of the Sharia Control...
Oil prices continue to rise as Trump's deadline approaches
SadaNews - Oil prices have risen for the third consecutive day after U.S. President Donald Trump escalated his threats to destroy key Iranian infrastructure if his demands are not met by the deadline on Tuesday.
Brent crude traded near $111 a barrel after a 0.7% increase in the previous session, wh...
Gold Continues Its Decline Amid Expectations for Developments in the Iran War
Economy SadaNews - Gold declined slightly, continuing its drop for the second day, as traders assessed the latest threat from U.S. President Donald Trump to destroy Iranian infrastructure and the impact of the ongoing war on economic growth.
The precious metal fell to $4,632 per ounce, having lost...
Currency Exchange Rates Against the Shekel on Tuesday (April 7)
SadaNews - The exchange rates of currencies against the shekel today, Tuesday (April 7), are as follows: