Economic News

Back to Homepage
The Monetary Authority informs "Trade and Industry of South Hebron" about the challenges facing the banking sector

The Monetary Authority informs "Trade and Industry of South Hebron" about the challenges f...

SadaNews - The Governor of the Monetary Authority, Yahya Shanar, informed the President of the Chamber of Commerce and Industry of South Hebron, Basem Abu Allan, and the members of the chamber about the prominent challenges facing the Palestinian banking sector, primarily the crisis of correspondent...
Egypt Enhances Gas Imports Through Maritime Facilities in Jordan

Egypt Enhances Gas Imports Through Maritime Facilities in Jordan

SadaNews - Egypt began receiving 300 million cubic feet of natural gas daily from the floating storage and regasification unit "Energeos Force," docked at the port of Aqaba in Jordan, according to a government official. The official added that the ship arrived at the port of Aqaba last week loaded...
Results of "Waseel" in the First Half of 2025

Results of "Waseel" in the First Half of 2025

SadaNews: The Palestinian Company for Distribution and Logistics Services (Waseel) has disclosed its financial results and consolidated financial statements for the first half of 2025, reporting profits amounting to $1.65 million for the company’s shareholders compared to $532 thousand for the same...
Palestine Stock Exchange Results for the First Half of 2025

Palestine Stock Exchange Results for the First Half of 2025

SadaNews - The Palestine Stock Exchange has revealed its business results and financial statements for the first half of 2025, showing a net profit of $489,000 compared to $181,000 for the same period in 2024, representing a 170% increase. This surge in the exchange's results is attributed to the s...
Intersect Graduates 12 Startups in the Seventh Batch of the Incubation Program (STIR) in the Presence of the Minister of Labor

Intersect Graduates 12 Startups in the Seventh Batch of the Incubation Program (STIR) in t...

SadaNews - The business incubator Intersect, the entrepreneurial arm of the Palestine Bank Group, organized a graduation event for 12 startups within the seventh batch of the distinguished Startups In Residence (STIR 7) incubation program, with the presence of the Minister of Labor, Dr. Inas Al-Atta...
Gold Prices Stabilize Awaiting Clarification on Trump's Policy Regarding Bullion Tariffs

Gold Prices Stabilize Awaiting Clarification on Trump's Policy Regarding Bullion Tariffs

SadaNews - Gold prices maintained their losses after U.S. President Donald Trump stated that imports of the precious metal would not be subject to tariffs, although traders are still awaiting an official clarification regarding this policy, following a federal ruling last week that caused chaos and...
Oil Rises as Washington and Beijing Extend Tariff Truce

Oil Rises as Washington and Beijing Extend Tariff Truce

SadaNews - Oil prices rose today, Tuesday, following the decision by the United States and China to extend their mutual tariff truce, which alleviated concerns about weak fuel demand in the world's two largest crude oil consumers. Brent crude futures increased by 0.3% to reach $66.89 per barrel, wh...
Trump Extends Deadline for Imposing Tariffs on China by 90 Days

Trump Extends Deadline for Imposing Tariffs on China by 90 Days

SadaNews Economy - U.S. President Donald Trump on Monday extended the deadline for imposing high tariffs on Chinese goods for another 90 days, according to a report by CNBC citing a White House official. These tariffs were set to resume on Tuesday. However, Trump signed an executive order hours bef...
Currency Exchange Rates Against the Shekel on Tuesday (August 12)

Currency Exchange Rates Against the Shekel on Tuesday (August 12)

SadaNews - The currency exchange rates against the shekel today, Tuesday (August 12), are as follows:
In a Historic Precedent... Jerusalem Electricity Records Highest Summer Load with a 20% Increase Amidst Severe Heat Wave

In a Historic Precedent... Jerusalem Electricity Records Highest Summer Load with a 20% In...

SadaNews - The Jerusalem District Electricity Company registered its highest summer load in its operational history, as the electrical load today, August 11, 2025, reached a total of 671 megawatts, marking the highest summer load since the company's establishment, with a significant increase of 20%...
Norwegian Sovereign Fund Announces Sale of Its Stakes in 11 Israeli Companies

Norwegian Sovereign Fund Announces Sale of Its Stakes in 11 Israeli Companies

SadaNews - The Norwegian sovereign wealth fund, the largest in the world, announced today, Monday, the sale of its investments in 11 Israeli companies, following the disclosure of its investment in an Israeli company that manufactures aircraft engines amid the escalating war in Gaza. The head of th...
The Federal Structure Under Scrutiny with Trump’s Moves and Changing Power Dynamics

The Federal Structure Under Scrutiny with Trump’s Moves and Changing Power Dynamics

SadaNews - Regardless of what happens at the Federal Reserve's meeting in September, it will seem pale in comparison to a comprehensive reconsideration of the structure of the U.S. central bank, a possibility raised by Donald Trump's nomination of Stephen Miran to temporarily fill the vacant seat on...