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Eurozone Economic Growth Slows to 0.1% in the Second Quarter
SadaNews - The growth of the Eurozone economy slowed in the second quarter of this year, both on an annual and quarterly basis.
According to data released today, Wednesday, July 30, by Eurostat, the Gross Domestic Product (GDP) of the Eurozone grew by about 0.1% in the second quarter on a quarterly...
Gold Rises with Dollar Decline and Bond Yields
SadaNews Economy - Gold prices rose in early trading on Wednesday, supported by a decline in U.S. Treasury yields and a slight drop in the dollar, while investors are awaiting the Federal Reserve's statement later today for clues on future monetary policy directions.
Gold prices in the spot market...
Dollar Fluctuates Near One-Month High Ahead of Federal Reserve Decision.. Earthquake Boost...
SadaNews – The US dollar fluctuated on Wednesday near its highest level in a month, as markets await the Federal Reserve's decision on monetary policy, while the euro heads toward ending a six-month streak of gains, amidst investors’ assessment of the costs of a new trade agreement between the Unite...
Announcement of Power Outage in Areas of Jericho and the Jordan Valley
SadaNews: The Jerusalem District Electricity Company regrets to announce that it will be forced to cut off electricity from 5:00 AM until 10:00 AM on Thursday, July 31, 2025, from the following areas in the Jericho and Jordan Valley Governorate:
Part of the Nuwei'mah area, Muscat School, the Moon C...
Currency Exchange Rates Against the Shekel on Wednesday (July 30)
SadaNews - The currency exchange rates against the shekel today, Wednesday (July 30), are as follows:
Palestinian Minister of Industry Discusses Industrial Cooperation with Japanese Ambassador...
SadaNews Economy - The Palestinian Minister of Industry, Chairman of the Board of the General Authority for Industrial Cities and Free Industrial Zones, Mr. Arafat Asfour, discussed with the Japanese Ambassador to the State of Palestine, Araki Katsuhiko, and the JICA General Representative, Mitsutak...
Ooredoo Palestine Reveals Its Financial Results for the First Half of 2025
SadaNews Economy - Ooredoo Palestine announced its financial results for the first half of the current year, ending on June 30, 2025, in compliance with the disclosure and transparency requirements issued by the Palestinian Capital Market Authority and the Palestinian Stock Exchange.
The financial...
IMF Raises Global Economic Growth Forecast for 2026 by 0.1% to 3.1%
SadaNews Economy - The International Monetary Fund (IMF) has raised its forecast for global economic growth this year by 0.2 percentage points to 3%, with growth expected to gradually rise to 3.1% in 2026, due to slight improvements in economic outlook and a reduction in geopolitical threats, partic...
Quds Bank Launches Special Initiative for Borrowing Employees in Gaza Strip
SadaNews: Quds Bank announced the launch of a special initiative for borrowing employees in the Gaza Strip who have outstanding loans with the bank, based on the guidance from the Palestinian Monetary Authority No. (11/2025) issued on 13/7/2025, related to the mechanisms for dealing with loan instal...
The Ministry of Agriculture Takes a Series of Measures to Regulate the Date Palm Sector in...
Economy SadaNews: The Palestinian Ministry of Agriculture has revealed a series of corrective measures it has taken to govern, organize, and regulate the date palm sector in Palestine.
It stated that a permanent technical committee has been formed, comprising representatives from ministries, govern...
Drop in Gold Prices Amid Rising Dollar
SadaNews - Gold fell as the dollar continued to rise in July, following the announcement of a customs agreement between the United States and the European Union, which eased some concerns over a potential painful trade war between the two economies.
Despite ongoing questions about the scope of the...
Oil Maintains Gains Amid Expectations of a Ceasefire Between Russia and Ukraine
SadaNews - Oil maintained its gains after President Donald Trump urged Russia to quickly reach a ceasefire with Ukraine or face potential economic sanctions, raising concerns about a disruption in crude supplies from one of the "OPEC+" producers.
Brent crude stabilized near $70 a barrel after closi...