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Central Bank of Syria: The Economy is Recovering Faster than World Bank Expectations
SadaNews - In an ambitious message aimed at reintegrating Syria into the global economy after the 14-year war, the Governor of the Central Bank of Syria, Abdul Qader Al-Hosari, confirmed that his country's economy is growing at a rate that far exceeds the World Bank's estimate of 1% for 2025, thanks...
Learn About the Largest 10 Arab and Global Banks
SadaNews - Banks play a pivotal role in the global economy as the main intermediaries in gathering savings, financing projects, facilitating trade, and managing risks. On World Bank Day, which is celebrated on December 4 every year, and amidst economic challenges, inflation, and market disruptions,...
Stability of Gold Prices and Global Oil Increase
SadaNews Economy - Gold prices stabilized today, Friday, in the spot markets at (4208.46) dollars per ounce, heading for a weekly decline of (0.5%), while U.S. gold futures for December delivery fell by (0.1%) to (4237.70) dollars per ounce.
As for other precious metals, silver rose by (0.5%) to (5...
Currency Exchange Rates Against the Shekel (December 5)
SadaNews Economy - The exchange rates of currencies against the shekel today, Friday (December 5), are as follows:
- Dollar: 3.23
- Dinar: 4.56
- Euro: 3.77
Hebrew Channel: Netanyahu Asked the Governor of the Bank of Israel to Lower Interest Rates...
SadaNews Economy Translation - The Hebrew channel Reshet Kan reported this Thursday evening that Israeli Prime Minister Benjamin Netanyahu requested the Governor of the Bank of Israel, Amir Yaron, to work on lowering the interest rate, which angered the governor due to interference in his affairs....
Palestine Bank Contributes to the Rehabilitation Project for Children with Disabilities at...
SadaNews - Palestine Bank has made its contribution to support the rehabilitation project for the children's department at Khalil Abu Riya Center by providing a set of medical equipment for the department. This aims to enhance the department's ability to provide specialized therapeutic and rehabilit...
Decline in the Industrial Production Index in Palestine during October
SadaNews Economy - The Palestinian Central Bureau of Statistics announced that the Industrial Production Index recorded a decline of 7.48% during the month of October 2025 compared to September 2025, where the Industrial Production Index decreased to 85.72 during October 2025 compared to 92.65 durin...
Al-Quds Bank Receives the Turkish Ambassador to Palestine
SadaNews – The CEO of Al-Quds Bank, Mohammed Shawar, received the Turkish Ambassador to Palestine, Ismail Chobanaoglu, at the bank's headquarters in Ramallah, during an official visit dedicated to discussing ways to enhance economic and financial cooperation between the two sides.
During the meetin...
Slight Decline in Gold Prices Amid Anticipation of Economic Data Release
SadaNews: Gold prices slightly declined during trading on Thursday, December 4th, following the release of employment data in the United States that bolstered expectations that the Federal Reserve will lower interest rates next week, while silver reached a new record high.
The current price of gold...
Currency Exchange Rates Against the Shekel on Thursday (December 4)
SadaNews - The currency exchange rates against the shekel today, Thursday (December 4), are as follows:
Palestine Stock Exchange Launches Its Fully Integrated Electronic System
SadaNews Economy - The Palestine Stock Exchange announced today the launch of its fully integrated electronic system, marking a qualitative step towards establishing a completely new infrastructure for the Palestinian financial market.
This system includes all electronic operating systems for the...
Mekani Incubator, in partnership with the National Bank, launches the 'Green City Challeng...
SadaNews Economy - The Mekani Incubator, affiliated with the Ramallah municipality, and the National Bank launched the first sessions of the 'Green City Challenge' program, aimed at enhancing the role of Palestinian youth in innovating practical and sustainable solutions to the environmental challen...