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Norwegian Sovereign Fund Withdraws Investments from Caterpillar Group and 5 Israeli Banks

Norwegian Sovereign Fund Withdraws Investments from Caterpillar Group and 5 Israeli Banks

SadaNews - The Norwegian sovereign wealth fund, which is valued at two trillion dollars and is the largest in the world, has decided to withdraw its investments from the American Caterpillar Group and five Israeli banks "for ethical reasons". The list of excluded Israeli banks includes: Bank Hapoal...
Currency Exchange Rates Against the Shekel on Tuesday (August 26)

Currency Exchange Rates Against the Shekel on Tuesday (August 26)

SadaNews - The exchange rates of currencies against the shekel today, Tuesday (August 26), are as follows:
Assfour: Jenin Industrial Area is a National Project to Expand the Productive Base

Assfour: Jenin Industrial Area is a National Project to Expand the Productive Base

SadaNews - Minister of Industry and Chairman of the Board of Directors of the Palestinian Industrial Cities and Free Zones Authority, A. Arafat Assfour, held a meeting with the Turkish Commercial Attaché, Mr. Kuraï Birksoy, to discuss developments in the Jenin Free Industrial Zone, attended by the A...
Presidential Decree Appointing Majdi Al-Hassan as a Member of the Board of Directors of the Palestinian Monetary Authority

Presidential Decree Appointing Majdi Al-Hassan as a Member of the Board of Directors of th...

SadaNews Economy - President Mahmoud Abbas issued a presidential decree appointing the Palestinian Ministry of Finance's Undersecretary, Majdi Al-Hassan, as a member of the Board of Directors of the Palestinian Monetary Authority, representing the Ministry of Finance instead of Farid Ghannam. Artic...
Decrease in Building Cost Index by 0.29% in the West Bank

Decrease in Building Cost Index by 0.29% in the West Bank

SadaNews - Decrease in the Building Cost Index for Residential Buildings The cost of building residential buildings in the West Bank recorded a decrease of 0.29% during July 2025 compared to June 2025; the index for building costs for residential buildings decreased to 120.89 compared to 121.24 in...
Currency Exchange Rates Against the Shekel on Monday (August 25)

Currency Exchange Rates Against the Shekel on Monday (August 25)

SadaNews - The currency exchange rates against the shekel today, Monday (August 25), are as follows:
Trade Balance Deficit of Monitored Goods Increases by 8% in June

Trade Balance Deficit of Monitored Goods Increases by 8% in June

SadaNews Economy - The Central Bureau of Statistics announced an 8% increase in the trade balance deficit of monitored goods during the month of June compared to the same month in 2024. The statistics office explained in a report released today, Sunday, on the monitored foreign trade of goods for t...
Launch of a Strategic Partnership Between the Palestinian Monetary Authority and the Network of Businesswomen and Professionals

Launch of a Strategic Partnership Between the Palestinian Monetary Authority and the Netwo...

SadaNews - The Palestinian Monetary Authority and the Businesswomen and Professionals Network - Palestine (BPW - Palestine) held a meeting in which they agreed to launch a strategic partnership aimed at enhancing financial inclusion and the contribution of women to strengthening financial stability...
Exchange Rates of Currencies Against the Shekel on Sunday (August 24)

Exchange Rates of Currencies Against the Shekel on Sunday (August 24)

SadaNews - The exchange rates of currencies against the shekel today, Sunday (August 24), are as follows:
Confirming what SadaNews published earlier.. The Jerusalem District Water Department announces the end of the General Director's services

Confirming what SadaNews published earlier.. The Jerusalem District Water Department annou...

SadaNews - The Jerusalem District Water Department resorted to a surprising announcement via social media and its website regarding a job vacancy to select a General Director according to specified conditions. The department has been accustomed to appointing general directors away from such announc...
Currency Exchange Rates Against the Shekel (August 23)

Currency Exchange Rates Against the Shekel (August 23)

SadaNews - The currency exchange rates against the shekel today, Saturday (August 23), are as follows: Dollar: 3.37 Dinar: 4.75 Euro: 3.94
The Palestinian Banking Sector Under Fire... While Major Companies Quietly Profit Without Disclosing Their Financial Data

The Palestinian Banking Sector Under Fire... While Major Companies Quietly Profit Without...

Exclusive SadaNews Economy: As the Palestinian banking sector faces widespread public criticism following the publication of its annual profits through the Palestine Stock Exchange, major Palestinian companies continue to achieve huge profits silently, without disclosing their financial data or maki...