Local Economy
Back to Homepage
Israeli Energy Minister and US Ambassador Inspect "Leviathan" Platform Amid Political Mess...
SadaNews - Israeli Energy Minister Eli Cohen visited the "Leviathan" offshore natural gas extraction platform, accompanied by US Ambassador to Israel Mike Huckabee, in a visit described as "showy," aimed at affirming Israel's position as a regional energy source.
The visit came after the announceme...
Israeli Finance Ministry Moves to Close Violating Ministers' Offices in Tel Aviv
Economy SadaNews - The Hebrew newspaper Yedioth Ahronoth revealed that the chief accountant in the Israeli Ministry of Finance is working to implement a government decision to close additional offices of some ministers in Tel Aviv, a step that could save substantial amounts of money for the state tr...
Currency Exchange Rates Against the Shekel on Tuesday (August 19)
SadaNews - The currency exchange rates against the shekel today, Tuesday (August 19), are as follows:
Ministers of National Economy and Industry Brief Salkhit Economic Activities on Measures t...
SadaNews - The Minister of National Economy, Muhammad Al-Amour, and the Minister of Industry, Arafat Asfoor, met today, Monday, with economic stakeholders in the Salkhit Governorate, with the participation of the Governor of Salkhit, Mustafa Taqatqa, and representatives from the public and private s...
The Occupation Government Discusses Additional Budget for 2025
SadaNews - The Israeli occupation government is scheduled to hold a special session tomorrow, Tuesday, to discuss and approve an additional budget for the year 2025, according to the Israeli Broadcasting Authority and the "Yedioth Ahronoth" newspaper.
According to sources, the meeting will be held...
Norwegian Sovereign Wealth Fund Excludes 6 Israeli Companies from Its Investment Portfolio
SadaNews Economy - The Norwegian sovereign wealth fund, considered one of the largest investment funds in the world, has announced its decision to divest from six Israeli companies that have direct ties to activities in the West Bank and Gaza Strip, as part of a periodic review of the ethical and su...
Currency Exchange Rates Against the Shekel on Monday (August 18)
SadaNews: The currency exchange rates against the shekel today, Monday (August 18), are as follows:
Sharp Contraction in the Israeli Economy Due to War with Iran
SadaNews - The Israeli economy experienced a sharp decline of 3.5% in gross domestic product during the second quarter of 2025 due to a significant drop in consumption and a decline in investments. Consequently, many economists expect the Bank of Israel to cut interest rates next September.
The bul...
Currency Exchange Rates Against the Shekel on Sunday (August 17)
SadaNews: The currency exchange rates against the shekel today, Sunday (August 17), are as follows:
Electronic Payment Reduces the Commission of Liquidity Traders in Gaza
Sada Economy - When you stroll through the markets of the Gaza Strip these days, you hear no more than the question "Do you have sales on the app?" from shoppers, amid a severe cash liquidity crisis that the besieged sector has suffered since the Israeli aggression on October 7, 2023.
Gazans, exhau...
Currency Exchange Rates Against the Shekel (August 16)
SadaNews Economy - The exchange rates of currencies against the shekel today, Saturday (August 16), are as follows:
Dollar: 3.37
Dinar: 4.76
Euro: 3.95
Consumer Price Index in Israel Rises by 0.4% in July and Interest Rates Will Not Decrease
SadaNews Economy - The consumer price index increased by 0.4% in July, but the annual inflation rate dropped from 3.3% in June to 3.1%, according to the Israeli Central Bureau of Statistics announced today, Friday.
The increase in the price index is likely to lead the Bank of Israel to decide not t...