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Jerusalem Electricity Company Raises Maximum Readiness for the Deep Atmospheric Depression
SadaNews - The Jerusalem District Electricity Company has raised its maximum readiness in preparation for the deep atmospheric depression expected to affect the region over the next three days. Meteorological data indicates that the country will experience heavy rainfall, strong winds, and a signifi...
Housing Bank Sponsors a Youth Pathway on the Occasion of World Volunteer Day
SadaNews - On the occasion of World Volunteer Day, the Housing Bank sponsored a tourism pathway organized by the Palestinian Association for Development and Community Development "Ataa," which brought together more than 100 young men and women from universities and high schools in the Ramallah and A...
Asian Stocks Decline Amid Concerns Over Pace of U.S. Interest Rate Cuts
SadaNews - Asian stocks declined, influenced by the drops recorded on "Wall Street" on Monday, as traders grew more concerned about the pace of interest rate cuts by the Federal Reserve over the next year, following a nearly certain cut this week.
The regional stock index of "MSCI&...
Stability of Oil Prices After the Largest Drop
SadaNews - Oil prices stabilized after the largest drop in nearly three weeks, while traders await reports issued this week to assess the supply situation.
Brent crude was traded above $62 a barrel after a 2% drop on Monday, while West Texas Intermediate crude stabilized near $59.
The U.S. Energy...
Decline in Foreign Currency Reserves in Israel Raises Concerns
SadaNews Economy - The latest data published by the Bank of Israel reveals a new decline in foreign currency reserves at the end of November 2025, highlighting the fragility of the economic situation amid internal tensions and market risks.
According to the Israeli newspaper Globes, reserves have d...
Currency Exchange Rates Against the Shekel on Tuesday (December 9)
SadaNews - The currency exchange rates against the shekel today, Tuesday (December 9), are as follows:
Increase in Electricity Tariff in Israel Starting 2026
SadaNews Economic Translation - The Israeli Electricity Authority decided this evening, Monday, to increase the electricity tariff for household needs.
According to Channel 12, as translated by the SadaNews Economic Department, the tariff will rise by 1.5% during the first quarter of 2026.
The...
Jordan Records Highest Foreign Reserves in Its History
SadaNews - The foreign reserves at the Central Bank of Jordan have reached a record level, standing at about 24.6 billion dollars by the end of November, reflecting the resilience of the Jordanian economy and its ability to face external challenges.
This historic increase is attributed to the rise...
Palestinian Monetary Authority Organizes an Expanded Dialogue Meeting to Discuss the Draft...
SadaNews - The Palestinian Monetary Authority organized a dialogue meeting to discuss the legal framework and economic implications of the draft law aimed at reducing cash usage, with extensive participation from representatives of ministries and official institutions, as well as representatives fro...
Oil Hovers Near Highest Level in Two Weeks
SadaNews Economy - Oil prices rose near their highest levels in two weeks on Monday, as investors expect the U.S. Federal Reserve to cut interest rates this week, which could support economic growth and boost energy demand, while also monitoring the geopolitical risks threatening supplies from Russi...
Despite the trade truce.. China's exports to the US decline by 29% in November
Economy SadaNews - Chinese exports to the United States have declined for the eighth consecutive month, despite the recent trade agreement between the world's two largest economies, during a time when China's total exports exceeded market expectations in November as factories intensified shipments t...
Gold Rises Supported by Expectations of US Interest Rate Cuts and Dollar Decline
SadaNews - Gold prices rose during trading on Monday, benefiting from growing expectations that the US Federal Reserve will cut interest rates this week, which has led to increased pressure on the dollar.
Gold increased in spot transactions by 0.4% to record $4215.38 per ounce.
In contrast, Decemb...