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With a deal worth 56 million dollars.. Padico sells its entire stake in the Palestine Industrial Investment Company

With a deal worth 56 million dollars.. Padico sells its entire stake in the Palestine Indu...

SadaNews - The Palestine Development and Investment Company (Padico) announced the sale of its entire stake in the Palestine Industrial Investment Company, totaling 56%, to the investor Nidal Al-Sakhtiyan. The transaction was conducted on the Palestine Exchange for a value of 56 million dollars. Pa...
The National Bank Renews Partnership with Mastercard to Enhance Digital Transformation in the Payments Sector in Palestine

The National Bank Renews Partnership with Mastercard to Enhance Digital Transformation in...

SadaNews - In line with its vision to encourage the adoption of innovative and secure payment solutions and reduce cash usage, the National Bank (TNB) announced the renewal of its collaboration with Mastercard to develop its digital payment system and enhance its clients' access to these services ea...
EU Sets End of 2027 for Ban on Russian Gas Imports

EU Sets End of 2027 for Ban on Russian Gas Imports

SadaNews Economy - The member states of the European Union aim to end all imports of Russian gas by the end of 2027, according to an agreement reached by the governments of the member states and the European Parliament in Brussels. Under the plan, for short-term contracts concluded before June 17,...
Trump Hints at Nomination of Economic Advisor to Head the Federal Reserve

Trump Hints at Nomination of Economic Advisor to Head the Federal Reserve

SadaNews - U.S. President Donald Trump hinted that he wants to nominate his chief economic advisor, Kevin Hassett, to replace the outgoing Chairman of the Federal Reserve, Jerome Powell, next year. Trump said during an event at the White House that was attended by Hassett, "It's a great group, and...
Gold Rises Driven by Expectations of U.S. Interest Rate Cuts

Gold Rises Driven by Expectations of U.S. Interest Rate Cuts

SadaNews Economy - Gold regained some of its momentum on Wednesday, as investors held on to expectations of interest rate cuts from the Federal Reserve, while markets await a series of U.S. data this week to determine the course of monetary policy, as silver surged to a new record high. Gold rose i...
Exchange Rates of Currencies Against the Shekel on Wednesday (December 3)

Exchange Rates of Currencies Against the Shekel on Wednesday (December 3)

SadaNews - The exchange rates of currencies against the shekel today, Wednesday (December 3), are as follows:
The Ministry of National Economy Announces the Opening of Olive Oil Import Applications

The Ministry of National Economy Announces the Opening of Olive Oil Import Applications

SadaNews Economy - On Tuesday, the Ministry of National Economy announced the opening of applications for importing olive oil from abroad, based on the Cabinet Decision No. (10/87/19/م.و/م.م) and the recommendations of the technical committee for establishing mechanisms for importing agricultural fo...
Beit Jala Pharmaceutical Industries Acquires 79% of Total Trading Value for Today’s Session

Beit Jala Pharmaceutical Industries Acquires 79% of Total Trading Value for Today’s Sessio...

SadaNews Economy - Today’s session saw trades valued at $750,491, while the total volume of shares traded reached 213,594 shares. The market today witnessed 42 transactions, with liquidity concentrated at 79% in Beit Jala Pharmaceutical Industries shares. The Al-Quds index closed today’s session up...
Palestine Bank, "Roots", and Al-Makassed Hospital Conclude Diabetes Prevention Campaign

Palestine Bank, "Roots", and Al-Makassed Hospital Conclude Diabetes Prevention Campaign

SadaNews - Palestine Bank, in partnership with Augusta Victoria Hospital "Al-Makassed", Roots Foundation for Health and Social Development, the Palestinian Ministry of Health, and the International Diabetes Federation, concluded the national diabetes awareness campaign for 2025, which was...
The European Union Supports Sustainable Transformation in the Fashion and Textile Industry in Mediterranean Countries through the MATRIX Project with Palestinian Participation

The European Union Supports Sustainable Transformation in the Fashion and Textile Industry...

SadaNews - The European Union announced the launch of the MATRIX project "Regional Pathway for Sustainable Textiles," funded by the Interreg NEXT MED program, with participation from partners in Spain, Italy, Tunisia, Egypt, Palestine, and Turkey. The project aims to transform the fashion and textil...
Israel Delays $35 Billion Gas Deal with Egypt... Qatar Offers Alternatives

Israel Delays $35 Billion Gas Deal with Egypt... Qatar Offers Alternatives

SadaNews Economy Translation - The massive gas deal between Egypt and the Israeli company "Leviathan", valued at $35 billion, is experiencing a standstill after the Israeli Energy Ministry postponed the final export approval. This delay has opened the door for Qatar to try to persuade Cairo to purch...
7.3 billion shekels owed to employees by the government until October 2025

7.3 billion shekels owed to employees by the government until October 2025

The public debt and arrears have reached approximately 46.5 billion shekels SadaNews special: Recent data from the Palestinian Ministry of Finance has revealed that the accumulated dues of public sector employees owed by the government have reached approximately 7.3 billion shekels by the end of...