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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...
Damascus Plans to Build a New Airport with a Capacity of 30 Million Passengers
SadaNews Economy - The Syrian Civil Aviation Authority announced a plan to build a new airport in the capital Damascus, with a capacity of up to 30 million passengers annually, in a move that may represent a qualitative shift in the aviation infrastructure in Syria.
The head of the Syrian Civil Avi...
Trump Softens His Tone Towards Powell After Visiting the Federal Reserve Headquarters and...
SadaNews Economy - U.S. President Donald Trump downplayed the disagreement he had with Federal Reserve Chairman Jerome Powell regarding cost overruns during a tour of the central bank's renovation project, although he again took the opportunity to push for lower interest rates.
After a tour marked...
European Green Light for a Tough Trade Response to Trump's Tariffs
SadaNews - The European Union countries approved on Thursday evening a package of retaliatory tariffs on American goods amounting to €93 billion, set to take effect from August 7, should trade talks with the United States fail, according to European diplomats.
U.S. President Donald Trump surprised...
Currency Exchange Rates Against the Shekel on Friday (July 25)
SadaNews Economy - The exchange rates of currencies against the shekel today, Friday (July 25), are as follows:
Dollar: 3.35
Dinar: 4.72
Euro: 3.93
Jerome Powell Criticizes Trump Over the Cost of Changes in Federal Reserve Building
SadaNews - A dispute arose between President Trump and Federal Reserve Chairman Jerome Powell as they arrived at the Federal Reserve headquarters in Washington on Thursday to inspect a comprehensive renovation project of two of its buildings.
Last week, Trump indicated that Powell's handling of the...
The Chamber of Commerce, Industry, and Agriculture of Tulkarem Calls for a Clear National...
SadaNews Economy - The Chamber of Commerce, Industry, and Agriculture of Tulkarem held a meeting to discuss the main commercial and industrial challenges facing the private sector in the governorate.
During the meeting, a number of essential issues were reviewed, the most prominent of which include...
Hebrew Economic Newspaper Reveals Details of Palestinian Clearing and Israel's Benefits fr...
SadaNews Economy Translation - The Hebrew economic newspaper Globes reported on Thursday that the number of Palestinian workers inside Israel has decreased from 100,000 to about 8,000, while it has dropped in West Bank settlements from 40,000 to 10,000.
According to the newspaper, as translated by...
Minister of Industry Discusses Ways to Enhance Industrial and Economic Cooperation with th...
SadaNews Economy - The Minister of Industry, Arafat Asfour, met today with Ruth Müller, Deputy Head of Development Cooperation at the German Representation, to discuss prospects for industrial and economic cooperation and ways to develop and strengthen bilateral relations between Palestine and Germa...