Local Economy
Back to Homepage
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 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
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)
SadaNews - The currency exchange rates against the shekel today, Thursday (August 7), are as follows:
Slovenia Imposes Ban on Imports from Territories Occupied by Israel
SadaNews - The government of Slovenia announced that it has imposed a ban on the import of goods produced in Palestinian territories occupied by Israel, and it has also approved an additional aid package for Palestinians in Gaza.
It confirmed in a statement released today, Wednesday, on the governm...
Aseefour Calls Out to the World: Gaza is Deprived of Flour and Life
Economy SadaNews - Under the auspices and participation of Minister of Industry Mr. Aref Aseefour, the Consumer Protection Association organized a specialized workshop titled: "The Loaf: Between Consumer Rights and Quality Assurance."
The Minister emphasized in his speech during the opening of the...
Economic Media Alliance Discusses General Financial Situation in the West Bank and Gaza wi...
SadaNews - The Palestinian Economic Media Alliance held an extensive meeting with the Director of the Government Communication Center, Muhammad Abu Rab, to discuss the major economic and financial challenges facing Palestine amid ongoing Israeli pressures and escalating monetary crises.
The meeting...
Unlicensed Internet Network Linked to an Israeli Company Discovered in Ramallah and Al-Bir...
SadaNews - The teams of the Telecommunications Regulatory Authority, in cooperation with the Customs Control Department, discovered a local company distributing internet service using wireless communication (Wi-Fi) technology, after being provided the service from an Israeli telecommunications compa...
Exchange Rates of Currencies Against the Shekel on Wednesday (August 6)
SadaNews - The exchange rates of currencies against the shekel today, Wednesday (August 6), are as follows:
The Clearance and Accumulation of Shekels: Political Crises Driven by Politics, Not Money
Exclusive Economy SadaNews- Amid the accumulating complexities in the economic relationship between Palestine and Israel, the crisis of clearance and the accumulation of shekels in banks operating in Palestine emerges not merely as a financial challenge but also as a political issue that necessitate...
The Governor of the Monetary Authority Discusses Developments in the Banking Sector in Pal...
SadaNews Economy - The Governor of the Monetary Authority, Yahya Shanar, met today at the Monetary Authority headquarters with the Australian Representative to Palestine, Ms. Bethany Randal, in the presence of Deputy Governor Mr. Muhammad Manasra, and several officials from both sides.
During the m...
Hebrew Report: Israel Races Toward a Political and Economic Abyss
SadaNews Economy - The Hebrew economic newspaper "Calcalist" paints a conflicting picture of the situation in Israel, combining a significant economic achievement represented by a massive $25 billion technology deal, and the accelerating diplomatic decline reflected in financial pressures, commercia...