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For the First Time Since 2011.. Silver Price Exceeds $40
SadaNews - The price of silver exceeded $40 per ounce for the first time since 2011, fueled by growing expectations of a rate cut by the Federal Reserve this month, which has boosted investor interest in precious metals.
The spot silver price rose by 1.4% to reach $40.2920 per ounce on Monday, in...
Exchange Rates of Currencies Against the Shekel on Monday (September 1)
SadaNews - The exchange rates of currencies against the shekel today, Monday (September 1), are as follows:
Announcement of Fuel Prices for September
SadaNews Economy - The General Petroleum Corporation announced this evening, Sunday, the fuel prices for the month of September 2025.
The price list shows a decrease of 6 agorot for a liter of diesel, while the price of gasoline has increased by 8 agorot.
New Fuel Price Increase in Israel Starting Monday
SadaNews - The Israeli Ministry of Energy announced today, Sunday, an increase in controlled fuel prices effective from midnight on August 31 to September 1, 2025.
The ministry clarified that the maximum price for self-service gasoline at 95 octane will reach 7.16 shekels (including VAT), an incr...
Despite Trump Tariff Suspension, Weakness in Chinese Factories Persists
SadaNews - Factory activity in China remained sluggish during August, as the government's campaign against price wars hampers production and negates the positive impact of the extended trade truce with the United States.
The National Bureau of Statistics announced on Sunday that the official manufa...
Qassis: 100 Million Shekels Annual Budget for Ramallah Municipality, One Quarter for Devel...
SadaNews - The Mayor of Ramallah, Isa Qassis, announced that approximately (25) million shekels of the total (100) million shekels budget of the municipality is allocated for implementing development projects.
Qassis indicated in a meeting with "Economic Life" that the municipality has completed de...
Palestinian Statistics Announce the Producer Price Index in Palestine for July 2025
SadaNews - Increase in Producer Prices during July 2025
The general producer price index recorded an increase of 0.35% during July 2025 compared to June 2025, reaching a general index of 244.33 in July 2025 compared to 243.48 in June 2025 (base year 2019 = 100).
The Producer Price Index for Locall...
Conclusion of the "Saudi Growth Accelerator P16" program in Riyadh organized by Flow and I...
SadaNews - The Flow business accelerator, in partnership with the International Finance Corporation (IFC) and Parachute 16, concluded the Saudi Growth Accelerator P16 program, a year-long initiative designed to support Palestinian startups in expanding into the Saudi market. The Demo Day, hosted at...
What are the implications of activating the snapback mechanism on the Iranian economy?
SadaNews - The Iranian nuclear file has entered a new critical phase after France, Germany, and Britain announced before the UN Security Council that they would activate the automatic return mechanism for sanctions, known as the "snapback mechanism", within 30 days unless a new agreement is reached...
Egypt Establishes New Pipeline for Transporting Israeli Gas at $400 Million
SadaNews - Egypt is preparing to establish a new pipeline to transport the additional quantities of Israeli gas that were recently agreed upon, during the fourth quarter of this year, at an estimated cost of about $400 million.
One official clarified that the pipeline will be entirely built within...
Bloomberg Economics: Modi and Xi Meeting Indicates Tactical Change Rather Than Strategic S...
SadaNews - Indian Prime Minister Narendra Modi's visit to China for the Shanghai Cooperation Organization summit and planned talks with Chinese President Xi Jinping indicates a cautious thaw in their relationship, which has been strained by border clashes over the past five years.
Both sides recogn...
Currency Exchange Rates Against the Shekel on Sunday (August 31)
SadaNews - The currency exchange rates against the shekel today, Sunday (August 31), are as follows: