Local Economy

Back to Homepage
Israel Introduces Legislation to Prevent Holding Cash Amounts Exceeding 200,000 Shekels

Israel Introduces Legislation to Prevent Holding Cash Amounts Exceeding 200,000 Shekels

SadaNews Translation - A study showing a close link between the use and possession of cash and crime globally has prompted the Israeli Knesset to introduce a bill prohibiting the possession of cash amounts exceeding 200,000 shekels as part of the budget legislation for the years 2023 and 2024; and n...
Currency Exchange Rates Against the Shekel (November 14)

Currency Exchange Rates Against the Shekel (November 14)

SadaNews Economy - The exchange rates of currencies against the shekel today, Friday (November 14), are as follows: - Dollar: 3.22 - Dinar: 4.55 - Euro: 3.75
The Governor of the Monetary Authority discusses with a World Bank delegation ways to enhance cooperation in financial stability areas

The Governor of the Monetary Authority discusses with a World Bank delegation ways to enha...

SadaNews Economy - The Governor of the Monetary Authority, Yahya Shanar, met with a delegation from the World Bank that included Mr. Stefan Emblad, the director and resident representative of the World Bank in Palestine, and Irina Astrakhan, director of the Global Practices for Finance and Markets a...
Chairman of the Capital Market Authority Meets Turkish Ambassador to Palestine

Chairman of the Capital Market Authority Meets Turkish Ambassador to Palestine

Economy SadaNews - Chairman of the Board of the Capital Market Authority, Ammar Al-Akhr, met with Turkish Ambassador Ismail Chobanaoglu at his office in Ramallah, in the presence of the General Director of the Authority, Barak Al-Nabulsi, where they discussed a range of economic and developmental to...
Ministry of Economy Warns of the Consequences of the Occupation's Continued Closure of the Karama Crossing for Goods

Ministry of Economy Warns of the Consequences of the Occupation's Continued Closure of the...

SadaNews Economy - The Ministry of National Economy warned of the serious repercussions of the continued closure of the Israeli occupation government of the Karama crossing since September 18, which has led to a near-complete halt in Palestinian commercial movement, after the crossing used to see mo...
The Federation of Chambers of Commerce Calls for Urgent International Action to Reopen the Al-Karama Trade Crossing

The Federation of Chambers of Commerce Calls for Urgent International Action to Reopen the...

SadaNews - The Palestinian Federation of Chambers of Commerce, Industry, and Agriculture has urged the international community to take immediate action to urgently and fully resume operations at the Al-Karama crossing for commercial shipping between Palestine, the Hashemite Kingdom of Jordan, and th...
Sharp Decline in Consumer Goods Prices in Gaza Strip During October 2025

Sharp Decline in Consumer Goods Prices in Gaza Strip During October 2025

SadaNews - Sharp decline in consumer goods prices in the Gaza Strip during October 2025  Following the announcement of a ceasefire, the consumer price index recorded a sharp decline of 40.42% in the Gaza Strip compared to September 2025, while the index recorded an increase in Jerusalem J1* by...
Currency Exchange Rates Against the Shekel on Thursday (November 13)

Currency Exchange Rates Against the Shekel on Thursday (November 13)

SadaNews - The currency exchange rates against the shekel today, Thursday (November 13), are as follows:
Governor of the Palestinian Monetary Authority: The banking sector enjoys strong indicators and we will hold consultations on the law to reduce cash usage before its approval

Governor of the Palestinian Monetary Authority: The banking sector enjoys strong indicator...

SadaNews - The Governor of the Palestinian Monetary Authority, Yahya Shanar, briefed several journalists on the latest developments related to the Palestinian banking sector, the draft law to reduce cash usage, and the efforts being made to enhance financial stability and develop the banking system....
Currency Exchange Rates Against the Shekel on Wednesday (November 12)

Currency Exchange Rates Against the Shekel on Wednesday (November 12)

SadaNews - The currency exchange rates against the shekel today, Wednesday (November 12), are as follows:
"Economy" Calls on the International Community to Provide Protection from Colonial Attacks

"Economy" Calls on the International Community to Provide Protection from Colonial Attacks

SadaNews - The Ministry of National Economy called on the international community today, Tuesday, to take urgent action to stop the terrorist assaults carried out by colonizers against Palestinian civilians and economic facilities under the protection of the Israeli occupation army. In a statemen...
Israeli Budget Deficit Reaches New Heights Amid Revenue Collapse and Spending Expansion

Israeli Budget Deficit Reaches New Heights Amid Revenue Collapse and Spending Expansion

SadaNews Economy - A report published by the Hebrew newspaper Calcalist has shown that the financial deficit in Israel continued to rise in October, reaching 4.9% of the GDP, compared to 4.7% in September, amid a significant increase in government spending and a sharp decline in public revenues. Ac...