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Turkish Central Bank Cuts Interest Rate by 3% to 43%
SadaNews Economy - The Turkish central bank lowered interest rates by 300 basis points to 43% on Thursday, surpassing expectations to resume the monetary easing cycle that had paused due to political turmoil earlier this year, before the markets stabilized since then and inflation continued to decli...
Slight Decrease in the Construction Costs Price Index in the West Bank
SadaNews - The construction costs for residential buildings in the West Bank recorded a slight decrease of 0.04% during June 2025 compared to May 2025; the construction costs price index for residential buildings fell to 121.24 compared to 121.29 in the previous month (base year 2013=100), according...
"Trump" Raises Minimum Reciprocal Tariffs to 15%
SadaNews - President Donald Trump announced that he would not impose tariffs lower than 15% as part of what he described as "reciprocal" rates, a move indicating that the minimum tariffs imposed under his new trade campaign are on the rise.
Trump said during an artificial intelligence summit in Was...
Decline in Gold Prices.. Following Progress in Trade Talks
SadaNews - Gold continued its decline as demand for safe assets waned, following progress in trade talks between the United States and its major partners.
The spot gold price fell to around $3,375 an ounce, after losing 1.3% in the previous session, following a report published by "Bloomberg" indic...
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...