Local Economy
Back to Homepage
After a Series of Declines.. Stability in Oil Prices
SadaNews - Oil prices stabilized after a series of declines, as investors await any progress in U.S. trade talks and monitor low inventory levels.
Brent crude traded below $69 a barrel after four consecutive sessions of decline, while West Texas Intermediate remained above $65.
U.S. President Dona...
Economic Media Alliance Meets Businessman Nassar Nassar, Head of the General Union of Pale...
SadaNews - In the presence of Mohamed Ghazi Al-Harbawi, President of the Precious Metals Union, several members of the "Economic Media" Alliance met with businessman Nassar Nassar, President of the General Union of Palestinian Industries. The alliance members presented an overview of their media ide...
Currency Exchange Rates Against the Shekel on Thursday (July 24)
SadaNews - The currency exchange rates against the shekel today, Thursday (July 24), are as follows:
Saudi Arabia Announces Investments in Syria Worth $5.6 Billion
SadaNews - The Saudi Ministry of Investment announced on Wednesday that it is set to sign agreements worth $5.6 billion in various sectors with Syria, which is seeking economic recovery after a years-long conflict.
Saudi Investment Minister Khalid Al-Falih arrived in Damascus on Wednesday, leading...
Ibrahim Barham to SadaNews: We discussed urgent priorities for the private sector with the...
SadaNews - Prime Minister Mohammed Mustafa held a meeting yesterday, Tuesday, with representatives from the Coordinating Council of Private Sector Institutions, with the participation of several council members in the Gaza Strip via video, and in the presence of a number of ministers, government off...
Asfour: The Situation in Palestine Requires All of Us to Make Maximum Efforts to Strengthe...
SadaNews - The Ministry of Industry, in cooperation with the "Export" program funded by the British Consulate in Jerusalem, organized a specialized workshop titled "Import Substitution for Import-Intensive Goods," based on an analysis of trade data related to consumption, imports, and local producti...
Trade Agreements Between the U.S., Japan, and Indonesia: Reduction of Tariffs and Billions...
SadaNews - The United States and Japan have reached an agreement to reduce the exorbitant tariff rates that President Donald Trump threatened to impose on its Asian ally's goods, which includes a commitment from Japan to invest $550 billion in the United States.
The deal, which includes a tariff ra...
Mohamed El-Erian: Powell May Resign to Preserve the Independence of the U.S. Federal Reser...
SadaNews - Economic expert Mohamed El-Erian has highlighted the developments in the dispute between U.S. President Donald Trump’s administration and Federal Reserve Chairman Jerome Powell, indicating that the latter might have to resign to maintain the independence of the U.S. central bank, warning...
Currency Exchange Rates Against the Shekel on Wednesday (July 23)
SadaNews - The exchange rates of currencies against the shekel today, Wednesday (July 23), are as follows:
During a meeting with the Private Sector Coordinating Council, Mustafa emphasizes the impo...
SadaNews Economy - Prime Minister Mohammed Mustafa emphasized the importance of uniting the efforts of all components of Palestinian society to overcome the challenges and difficult conditions faced by the national cause and the Palestinian people due to the ongoing genocide in the Gaza Strip, and t...
Amid Trade Talks with Trump Administration.. Oil Prices Continue to Decline
SadaNews - Oil prices fell for the third session, as the pace of talks between the United States and its trading partners intensified ahead of the deadline next week.
Brent crude traded below $69 per barrel, while U.S. West Texas Intermediate stabilized around $67.
Negotiators from the European Un...
Stability of Gold Prices Amid Dollar Decline
SadaNews - Gold prices stabilized near a month-high as a wave of risk aversion returned among investors who are monitoring developments in trade negotiations ahead of the August 1 deadline set by U.S. President Donald Trump for imposing tariffs.
Spot gold was traded near $3,395 an ounce after closi...