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Washington Moves to Simplify Steel and Aluminum Tariffs After Pressure from Companies
SadaNews - The administration of U.S. President Donald Trump is preparing to announce a tiered tariff system for its extensive tariffs on steel and aluminum products, in an effort to simplify a process that has burdened American companies for months.
The United States will maintain a 50% tariff on...
Housing Bank Donates Sports Equipment to the Seniors Club in Beit Sahour
SadaNews - As part of its social responsibility and ongoing commitment to support the elderly, the Housing Bank has donated sports equipment and devices to the Seniors Club in Beit Sahour, in collaboration with the Family Development Charity Association, with the aim of promoting health and physical...
Partnership Between "Masdar" and "TotalEnergies" Worth $2.2 Billion to Expand Renewable En...
SadaNews - The "Abu Dhabi Future Energy Company" (Masdar) and "TotalEnergies" have signed a binding agreement to establish an equal partnership worth up to $2.2 billion to combine their assets in land-based renewable energy projects across nine Asian countries, reflecting the accelerating competitio...
Iran's War Erodes 72% of Iraq's Oil Revenues
SadaNews - Iraq's oil export revenues dropped by 72% in March due to the repercussions of the US-Israeli war on Iran, which effectively closed the vital Strait of Hormuz, leading to a decline in Iraq's oil exports last month to $1.9 billion, according to Ali Nizar Al-Shatri, General Director of the...
Gold Falls After Trump's Speech Amid Uncertainty Over the End of the War
SadaNews - Gold fell after a highly anticipated speech by U.S. President Donald Trump, which did not provide significant clarity on reaching a resolution to the war in the Middle East.
The precious metal dropped by as much as 2.3%, reversing earlier gains, after Trump stated that the month-long con...
Currency Exchange Rates Against the Shekel on Thursday (April 2)
SadaNews - The currency exchange rates against the shekel today, Thursday (April 2), are as follows:
Oil and Dollar Rise Following Trump's Threats of Severe Strikes Against Iran
SadaNews - President Donald Trump's speech regarding the war on Iran immediately impacted oil and precious metal markets.
The world is watching with concern the ongoing war in Iran, which has lasted for over a month, amid the closure of the Strait of Hormuz, through which approximately 20 per...
Israel Warns "Hezbollah Money Changers": Continued Funding Puts You at Risk
SadaNews - Israel warned on Wednesday those it describes as money exchangers working in the service of Hezbollah, stating that it will target them unless they stop their activities funding the group.
The Israeli army issued a warning message stating: "A message to the money exchangers working in th...
Contractors Union Threatens Protests if Government Ignores Its Demands
SadaNews - The Board of Directors of the Palestinian Contractors Union stated that in light of the exceptional economic circumstances facing the construction sector in Palestine, and the unprecedented and escalating increases in the prices of construction materials, energy, transport, and supply cha...
مجلس تنظيم قطاع الكهرباء يصدر توضيحا بخصوص مشاريع الطاقة المتجددة بنظام صافي الفوترة
Ministry of Transportation: Temporary and Limited Adjustments to Transportation Fare Tarif...
SadaNews - The Ministry of Transportation stated, "In light of the exceptional circumstances that the region is experiencing and the ongoing rise in fuel prices both globally and locally, and in light of the Ministry's responsibility to maintain the sustainability of the public transport se...
Bakery Owners Syndicate: The price of one kilogram of bread is currently sold at 4.5 sheke...
SadaNews - The Ministry of National Economy and the Bakery Syndicate announced today, Wednesday, that the price of one kilogram of bread is currently sold at 4.5 shekels this month.
The ministry expressed its appreciation for the bakery owners' stance and their consideration of the circumstances fa...