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UAE Private Sector Growth Reaches Highest Level in 11 Months Boosted by Sales Momentum
SadaNews - The non-oil private sector in the UAE recorded a strong start at the beginning of this year, achieving the highest growth level in 11 months, supported by an expansion in local sales at the fastest pace in nearly two years, along with a noticeable improvement in the real estate and techno...
Saudi Arabia and Turkey Expand Cooperation in Energy and Explore New Opportunities
SadaNews - During the official visit of Turkish President Recep Tayyip Erdoğan to Saudi Arabia, several agreements were signed, including one to establish power generation stations using renewable energy.
According to the Saudi Press Agency, the agreement signed by Saudi Minister of Energy Prince...
Oil Continues to Rise Amid Increasing US Threats to Iran
SadaNews - Oil prices rose for the third consecutive day after US President Donald Trump warned Iran that it must reach a nuclear deal or face military strikes, reviving fears of potential disruptions and supply outages in the Middle East.
The prices of March delivery Brent crude contracts increa...
The Dollar Takes Repeated Hits and Potential Intervention May Lower Its Value
SadaNews - The prospect of the United States effectively joining Japan in intervening in the foreign exchange market represents the latest in a series of pressures faced by the currency on multiple fronts.
The dollar fell against most major currencies while the yen surged, and gold reached record...
Bin Ghati: We Currently Rule Out An IPO, Planning Expansion in Abu Dhabi and London
SadaNews - Mohammed Bin Ghati, Chairman of the UAE's "Bin Ghati Holdings", ruled out a public offering for the company in the financial market at the present time, attributing this to the company’s strong financial solvency and the availability of different financial instruments....
Danish Pension Fund Decides to Withdraw from US Treasury Bonds
SadaNews - The Danish pension fund AkademikerPension has announced its intention to sell its entire holdings of US Treasury bonds, estimated at around 100 million dollars, before the end of this month, citing what it described as the weak financial situation of the US government, according to SadaEc...
Wholesale prices of goods in Palestine record a sharp increase of 9.12% during 2025
Sharp increase in the wholesale price index of 9.12% during the year 2025
The general consumer price index for wholesale prices in Palestine recorded a sharp increase of 9.12% during the year 2025 compared to 2024, with a rate of 25.03% for locally produced and consumed goods, and 1.90% for impor...
Gold Rises to Record Level Amid Transatlantic Trade Escalation
SadaNews - Gold prices have reached a new record level, while silver has fallen from its all-time high, fueled by U.S. President Donald Trump's efforts to acquire Greenland, raising concerns about the potential outbreak of a trade war between the United States and Europe.
The price of gold in...
Expectations of Rising US Inflation Following Mixed Data in November
SadaNews - It is likely that inflation recorded a slight increase in the United States during December 2025, reflecting a continued gradual decline in pricing pressures.
Estimates indicate that the core Consumer Price Index, which excludes food and energy to measure core inflation, rose by 2.7% y...