Local Economy

Back to Homepage
A Delegation from the Palestinian Businessmen Association - Jerusalem Visits Jenin and Affirms Support for its Economic Resilience

A Delegation from the Palestinian Businessmen Association - Jerusalem Visits Jenin and Aff...

SadaNews - The Palestinian Businessmen Association - Jerusalem organized a visit to the Jenin Governorate, in coordination with the Jenin Business Forum, aiming to assess the economic situation in the governorate and meet with the association members there. The visit took place within the framework...
Energy Authority Launches Strategic Projects to Enhance the Electricity Sector in Hebron

Energy Authority Launches Strategic Projects to Enhance the Electricity Sector in Hebron

SadaNews - The head of the Energy and Natural Resources Authority, Engineer Ayman Ismail, announced today, Sunday, the launch of a series of vital projects in the Hebron Governorate, following the visit of Prime Minister Dr. Mohammed Mustafa to the governorate last Thursday, where he was briefed on...
Currency Exchange Rates Against the Shekel on Sunday (August 10)

Currency Exchange Rates Against the Shekel on Sunday (August 10)

SadaNews - The currency exchange rates against the shekel today, Sunday (August 10), are as follows:
Britain Commits Additional Humanitarian Support for Gaza Worth £8.5 Million

Britain Commits Additional Humanitarian Support for Gaza Worth £8.5 Million

Sada News - The United Kingdom announced today the provision of additional funding for the Gaza Strip, which could reach thousands of civilians who are in urgent need in Gaza, if Israel allows the UN and other agencies to operate at the required scope. This announcement comes after the Israeli Secu...
Exchange Rates of Currencies Against the Shekel on Saturday (August 9) Adjustment

Exchange Rates of Currencies Against the Shekel on Saturday (August 9) Adjustment

SadaNews - The exchange rates of currencies against the shekel today, Saturday (August 9), are as follows: Dollar: 3.43 Dinar: 4.84 Euro: 3.99
Shekel Loses Value After Cabinet Decision: Dollar at 3.46 Shekels

Shekel Loses Value After Cabinet Decision: Dollar at 3.46 Shekels

SadaNews Economic Translation - The Israeli Cabinet approved a plan to occupy the Gaza Strip last night; the value of the American currency against the shekel rose to its highest level since early June amid fears of a long-term security escalation in Gaza. The Israeli political and security cabinet...
OpenAI Unveils GPT-5, Calling It a "Major Leap in Intelligence"

OpenAI Unveils GPT-5, Calling It a "Major Leap in Intelligence"

Economy SadaNews - OpenAI, the developer of ChatGPT, has launched the next generation of its software amid competition among artificial intelligence companies. The GPT models from OpenAI are the technology behind the famous chatbot "ChatGPT" and the company confirmed that "GPT-5" will be available...
Currency Exchange Rates Against the Shekel on Friday (August 8)

Currency Exchange Rates Against the Shekel on Friday (August 8)

SadaNews Economy - The currency exchange rates against the shekel today, Friday (August 8), are as follows: Dollar: 3.44 Dinar: 4.86 Euro: 3.98
Israel Signs Largest Export Deal in Its History Worth $35 Billion

Israel Signs Largest Export Deal in Its History Worth $35 Billion

SadaNews Economics - NewMed, a partner in the Israeli Leviathan natural gas field, announced on Thursday that the field has signed an agreement worth up to $35 billion to supply gas to Egypt, marking the largest export deal in Israel's history. The Leviathan field, located off the coast of Israel i...
British-Palestinian Meeting in Hebron to Discuss the Financial Crisis's Impact on the Private Sector

British-Palestinian Meeting in Hebron to Discuss the Financial Crisis's Impact on the Priv...

SadaNews - Sir Michael Barber, the British Special Envoy for Governance Affairs in the Palestinian Authority, met with private sector leaders in the city of Hebron to directly hear about the impact of the financial crisis on the local economy and public services, and to discuss practical ways forwar...
Israel Bank Opens Door for Insurance Companies to Establish Small Banks

Israel Bank Opens Door for Insurance Companies to Establish Small Banks

SadaNews Economy - The joint ministerial team formed by Finance Minister Bezalel Smotrich and Bank of Israel Governor Professor Amir Yaron has recommended allowing holding companies of insurance firms to obtain licenses to establish flexible small banks. According to the Hebrew economic newspaper C...
Currency Exchange Rates Against the Shekel on Thursday (August 7)

Currency Exchange Rates Against the Shekel on Thursday (August 7)

SadaNews - The currency exchange rates against the shekel today, Thursday (August 7), are as follows: