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Forecasts of a Sharp Contraction in the Israeli Economy by 9.5% in the First Quarter of 20...
SadaNews - The Hebrew newspaper "Kalkalist" reported that the Israeli Ministry of Finance has downgraded its estimates for economic performance, expecting a contraction in GDP by 9.5% year-on-year during the first quarter of 2026, amid the repercussions of what is known as the "Harry...
Iraq Allows Fuel Export by Land via Syria for the First Time in Decades
SadaNews - Iraq has resorted to exporting fuel by land via Syria for the first time in decades, a step that reflects the level of disruption affecting traditional shipping routes amidst the worsening war with Iran.
Iraq's oil marketing company, "SOMO", has signed contracts to supply...
Moroccan "Managem" Invests $750 Million to Double Gold Production
SadaNews - The Moroccan "Managem" Group, operating in the mining sector in Africa, plans to invest $750 million to increase gold production by 134% from 213,000 ounces last year to half a million ounces by the end of the current decade, according to Imad El Tumi, the company's CEO, in a statement to...
Slight Increase in Oil Prices Despite Trump's Statements on Leaving Iran
SadaNews - Oil prices have risen slightly despite U.S. President Donald Trump's remarks that the Iran war could end within weeks, as the White House continues to send more American troops to the region amid a near-total closure of the Strait of Hormuz.
Brent crude has surpassed the level of $105 a...
Gold Continues to Rise Amid Expectations of an End to the Iran War
SadaNews - Gold has extended its gains for the third consecutive day amid signs that the war with Iran may be nearing its end, as traders shift their focus from interest rate hikes to long-term economic slowdown risks.
The precious metal rose by as much as 1.2%, surpassing $4,700 an ounce, adding t...
Currency Exchange Rates Against the Shekel on Wednesday (April 1)
SadaNews - Currency exchange rates against the shekel today, Wednesday (April 1):
Dollar: 3.13
Dinar: 4.42
Euro: 3.63
Fuel and Gas Prices for April 2026
SadaNews - The Palestinian Authority's General Petroleum Corporation published the fuel and gas prices for the month of April this evening, Tuesday, where there was a sharp increase in the prices of gasoline, gas, and diesel. The price of diesel has risen by more than 2.5 shekels per liter compa...
The Palestinian Deposit Insurance Corporation Chairs the Regional Committee for the Middle...
SadaNews Economy - In a new achievement that reflects the growing presence of the Palestinian Deposit Insurance Corporation on the international stage, its Director General, Mr. Louai Hawash, has been elected as the Chair of the Regional Committee for the Middle East and North Africa (MENA) establis...
Among Oil-producing Countries: A Wave of Rising Fuel Prices Hits the Region... What About...
SadaNews Economy - Energy markets in the Middle East are experiencing an unprecedented wave of rising fuel prices, driven by escalating geopolitical tensions and rising global oil prices, amid warnings of larger jumps if crises continue, particularly with threats related to the closure of the Strait...
President Abbas Issues a Legislative Decision Regarding the Emergency Budget for the Fisca...
SadaNews Economy - Palestinian President Mahmoud Abbas issued a legislative decision today, Tuesday, regarding the emergency budget for the fiscal year 2026, which was referred from the Council of Ministers.
The Cabinet had approved a draft budget for the year 2026 on March 17 of this year.
The em...
National Bank Accepts Resignation of CEO Salama Khalil
SadaNews - The National Bank announced the acceptance of the resignation of CEO Salama Khalil, which he submitted for personal reasons. This came during a council meeting held at its headquarters in Ramallah.
During the meeting, the board of directors praised the prominent leadership role played...
Growth of Foreign Direct Investment in Jordan by 25.1% in 2025 to reach 2.02 billion dolla...
SadaNews - The preliminary data for the balance of payments revealed that the inflows of foreign direct investment into Jordan during the year 2025 amounted to approximately 2,024.8 million dollars, compared to 1,618.8 million dollars in 2024, achieving a growth rate of 25.1%.
This is the highest l...