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The Monetary Authority Forms a National Team for Cyber Monitoring and Response in the Banking Sector

The Monetary Authority Forms a National Team for Cyber Monitoring and Response in the Bank...

SadaNews - The Monetary Authority has announced the formation of a consulting team for cyber monitoring and response in the banking sector, as part of its efforts to enhance cybersecurity and improve the resilience and protection of financial and banking institutions in Palestine. The formation of...
The Cabinet Approves Incentive Discount for Electronic Payment of Insurance Policies

The Cabinet Approves Incentive Discount for Electronic Payment of Insurance Policies

SadaNews - The Cabinet approved in its session held on 30/9/2025 allowing insurance companies to grant an incentive discount of up to 10% on the value of mandatory vehicle insurance policies (personal injury and third party) for those policies paid through electronic payment methods, following a rec...
Change in Electricity Price Determination Mechanism in Israel Starting 2026

Change in Electricity Price Determination Mechanism in Israel Starting 2026

SadaNews - The mechanism for determining electricity prices in Israel is set to change from annual updates to quarterly updates (every 3 months), making the tariff more closely linked to fluctuations in fuel prices, the dollar, and the consumer price index, starting from 2026. Additionally, prices...
Double Blow to Roaming: October 2023 War Closes Skies and Reduces Profits of Israeli Telecom Companies

Double Blow to Roaming: October 2023 War Closes Skies and Reduces Profits of Israeli Telec...

SadaNews Economy - The war on October 7, 2023, and the conflict between Iran and Israel has led to a sharp decline in air traffic and tourism, resulting in a significant drop in revenues from international roaming services, which are a stable income source during travel seasons. According to data...
Palestinian Monetary Authority and Khadouri University Sign Memorandum of Understanding to Enhance Scientific Research, Training, and Financial Culture

Palestinian Monetary Authority and Khadouri University Sign Memorandum of Understanding to...

SadaNews - The Palestinian Monetary Authority and the Palestine Technical University - Khadouri signed a memorandum of understanding today, Tuesday, aimed at enhancing joint cooperation in the fields of scientific research, training, and financial education, which contributes to developing students'...
Currency Exchange Rates Against the Shekel on Wednesday (October 1)

Currency Exchange Rates Against the Shekel on Wednesday (October 1)

SadaNews - The currency exchange rates against the shekel today, Wednesday (October 1), are as follows:
Announcement of Fuel Prices for October

Announcement of Fuel Prices for October

SadaNews Economy - The Public Petroleum Authority announced this evening, Tuesday, the fuel prices for the month of October 2025. The price list shows an increase in gasoline prices by about 7 agoras, diesel by about 12 agoras, and kerosene by about 12 agoras.
$665 Million Current Account Deficit in the Palestinian Balance of Payments for Q2 2025

$665 Million Current Account Deficit in the Palestinian Balance of Payments for Q2 2025

SadaNews – The latest surveys by the Central Bureau of Statistics and the Monetary Authority, whose results were published today, Tuesday, show a continued deficit in the current account of the Palestinian balance of payments amounting to 665 million US dollars in the second quarter of 2025, reflect...
Exchange Rates of Currencies Against the Shekel on Tuesday (September 30)

Exchange Rates of Currencies Against the Shekel on Tuesday (September 30)

SadaNews - The exchange rates of currencies against the shekel today, Tuesday (September 30), are as follows:
Governor of the Bank of Israel Defends Interest Rate Decision Amid Bleak Outlook for the Future of the Economy

Governor of the Bank of Israel Defends Interest Rate Decision Amid Bleak Outlook for the F...

SadaNews Economy Translation - As the Bank of Israel announced it would keep the interest rate unchanged at 4.5% for the fourteenth consecutive time, the bank's governor, Professor Amir Yaron, held a press conference criticizing the policies of Finance Minister Bezalel Smotrich. Smotrich stated ear...
Predictions of a Crushing Blow to the Israeli Arms Industry in 2027 Due to the Gaza War

Predictions of a Crushing Blow to the Israeli Arms Industry in 2027 Due to the Gaza War

SadaNews - An executive in the Israeli arms industry has predicted that the sector will face a severe blow in 2027 after a decline in 2026 if Israel's war on the Gaza Strip continues, as reported by Yedioth Ahronoth, without revealing his identity. The official stated, "Many countries want to obtai...
Israel's Bank Keeps Interest Rate at 4.5% for the 14th Consecutive Time

Israel's Bank Keeps Interest Rate at 4.5% for the 14th Consecutive Time

SadaNews - Today, Monday, the monetary committee at the Bank of Israel kept the interest rate unchanged at 4.5%, marking the 14th consecutive time it has done so. This decision aligns with the expectations of the majority of economic experts who anticipated that the central bank would maintain its...