Local Economy
Back to Homepage
The Ministries of National Economy and Finance and the Monetary Authority Review Measures...
SadaNews - Minister of National Economy Mohamed Al-Amour, Governor of the Monetary Authority Yahya Al-Shanar, and Deputy Minister of Finance Majdi Al-Hassan discussed today, Monday, with representatives of the Chambers of Commerce and Industry of Tulkarem and Jenin, measures to mitigate the repercus...
Israeli Plant Council Warns Consumers Against Buying Underripe Avocados
SadaNews Economy Translation - The current period, late July and early August, is a transitional season between "Red" avocado, the last variety of the previous season, and the early varieties of the new season. The Israeli Plant Council is warning consumers these days against buying underripe avocad...
Jordan: The Central Bank Issues Government Bonds Worth 2.825 Billion Dinars Since the Begi...
SadaNews - The Central Bank, on behalf of the Jordanian government, has issued the 22nd batch of treasury bonds, worth 50 million dinars, with a maturity period of 7 years and an interest rate of 6.325%.
With this issuance, the total amount of treasury bonds issued by the Jordanian government since...
Gold Stabilizes Near Lowest Levels in Two Weeks After Trade Agreement Between America and...
SadaNews Economy - Gold prices stabilized in today’s Monday trading close to their lowest levels in nearly two weeks, influenced by an improvement in investor risk appetite following the announcement of a framework trade agreement between America and the European Union, which reduced demand for safe...
Currency Exchange Rates Against the Shekel on Monday (July 28)
SadaNews - The currency exchange rates against the shekel today, Monday (July 28), are as follows:
Emergency Meeting of the Fuel and Gas Unions in the West Bank to Discuss the Cash Deposit...
SadaNews - The fuel and gas unions in the West Bank held an emergency meeting on Saturday, July 26, 2025, at the headquarters of the Ramallah and Al-Bireh Chamber of Commerce and Industry, with the presence of union councils and the general authority of fuel and gas stations and companies from vario...
Morocco Sells 5G Licenses in Exchange for Commitments to Invest $8.8 Billion
SadaNews - Morocco has granted licenses for the exploitation of 5G networks to the three telecommunications companies operating in the country in exchange for 2.1 billion dirhams ($233 million), and the launch of the service is expected by the end of this year.
The companies "Maroc Telecom," "Medi...
Bezos Earns $5.7 Billion from Selling Shares in 'Amazon'
SadaNews - Jeff Bezos has completed a massive deal selling shares of "Amazon," from which he has earned approximately $5.7 billion since his wedding in late June.
The sales, which began when Bezos sold shares worth $737 million during the weekend he spent in Venice celebrating his wedding, were par...
Fitch Affirms Saudi Arabia's Credit Rating at 'A+' with 'Stable' Outlook
SadaNews Economy - The credit rating agency ‘Fitch’ has affirmed the Kingdom of Saudi Arabia's rating at 'A+', with a 'Stable' outlook, based on the strength of the Kingdom's financial position both externally and internally.
The agency stated in a report that “the balance of the Kingdom's external...
20% of NASA Employees to Depart as Part of Restructuring Plan
SadaNews Economy - The U.S. National Aeronautics and Space Administration (NASA) announced on Saturday that approximately 20 percent of its employees will leave their positions as part of a plan to restructure the agency and enhance its operational efficiency.
According to a report from Reuters, a...
Currency Exchange Rates Against the Shekel on Saturday (July 26)
SadaNews Economy - The exchange rates of currencies against the shekel today, Saturday (July 26), are as follows:
Dollar: 3.35
Dinar: 4.73
Euro: 3.93
Gold Shines Amid Uncertainty
SadaNews Economy - Precious metal prices soared to unprecedented levels in the first half of 2025, following a 20% increase in 2024. Gold led this rise, approaching its all-time highs in mid-June amidst escalating geopolitical tensions and increasing economic uncertainty. Silver and platinum also sa...