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Gold Prices Rise to $4,129 per Ounce
SadaNews - Silver prices have reached a new record level above $52.50 per ounce, strengthened by a "historical short squeeze" in London, which added momentum to a rising trend fueled by increased demand for safe assets.
Spot prices rose by 0.4% to reach $52.5868 per ounce in London, sur...
Tourism Income in Jordan Rises by Approximately 7% in 9 Months
SadaNews - The Central Bank of Jordan announced on Monday that the revenues of the tourism sector increased by 6.8% during the first nine months of 2025, reaching $5.95 billion compared to the same period last year.
The bank added in a press statement that this increase was due to a rise in the num...
Saudi "Midad" Invests $5.4 Billion with "Sonatrach" for Hydrocarbons Production in Algeria
SadaNews - The Algerian hydrocarbons company "Sonatrach" and the Saudi North Africa energy company Midad signed a production-sharing agreement today, Monday, to explore and exploit hydrocarbons in the "Illizi" region in southern Algeria.
According to a statement, the total planned investments for e...
Oil Prices Rise After US's Conciliatory Tone Toward China
SadaNews - Oil prices rose after US President Donald Trump's administration expressed readiness to reach an agreement with China to contain the renewed trade tensions between the world's largest crude consumers.
Brent crude climbed above $63 a barrel after falling 3.8% on Friday, marking its larges...
Gold prices reach a new record level of $4068 per ounce
SadaNews - The price of silver has reached its highest level in decades, influenced by an unprecedented short squeeze in London that has supported the significant rise since the beginning of the year, while gold has reached a new peak supported by investor enthusiasm for precious metals.
Spot silve...
The Launch of a New Digital Entry System for the European Union
SadaNews - The member states of the European Union began today, Sunday, to implement a new entry and exit system at the external borders of the bloc, where data from non-EU citizens will be registered electronically.
The entry and exit system will be applied over a period of 6 months, featuring an...
Egypt: Gradual Operation of the Fifth Regasification Vessel "Energos Winter"
SadaNews - The Egyptian Ministry of Petroleum and Mineral Resources has gradually begun the operation of the fifth regasification vessel "Energos Winter" at the end of last week, with a capacity of 70 million cubic feet of gas per day, according to a government official.
The Ministry has completed...
Artificial Intelligence at the Core of Central Bank Discussions During IMF Meetings
SadaNews - Policymakers, already concerned about rising trade tensions and public debt inflation, are preparing to face a new worry next week: the risk of a financial market collapse.
Monetary policy makers and finance ministers from around the world will gather in Washington for the fall meeting...
In a Major AI Deal, the United States Approves Export of Nvidia Chips
SadaNews - The United States has approved the export of advanced artificial intelligence chips from Nvidia to the UAE, valued at several billion dollars, marking the first step in implementing a controversial bilateral agreement that could shape a new model for American diplomacy in the field of art...
Oil Prices Decline as Traders Focus on Easing Tensions in the Middle East
SadaNews - Oil prices declined as traders focused on the easing tensions in the Middle East and rising U.S. inventories.
Brent crude fell below $66 a barrel after rising over 1% on Wednesday, while West Texas Intermediate stabilized near $62.
U.S. President Donald Trump stated that Israel and...
Oil Prices Decline as Traders Focus on Easing Tensions in the Middle East
SadaNews - Oil prices have declined as traders focus on easing tensions in the Middle East and rising U.S. inventories.
Brent crude fell below $66 a barrel after rising more than 1% on Wednesday, while West Texas Intermediate crude stabilized around $62.
U.S. President Donald Trump stated that...
Gold Prices Drop to $4,015 per Ounce
SadaNews - Gold prices dropped after reaching a new record level above $4,000 per ounce on Wednesday, following a sharp rise that made prices vulnerable to downward corrections, amidst indications that the precious metal is trading at excessively strong levels.
Gold bullion prices fell by 0.7% in e...