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Gold Stabilizes Amid Anticipation for U.S. Job Data Following Venezuela Tensions
SadaNews - Gold prices stabilized as traders looked beyond the tensions in Venezuela toward a busy series of economic data in the United States.
The bullion was near $4440 an ounce after rising 2.7% in the previous session, following the arrest of Venezuelan leader Nicolas Maduro.
Uncertainty...
United Securities Company Achieves First Place in Trading Volume for 2025 in the Palestine...
SadaNews - The United Securities Company has secured the first position in trading volume for the year 2025 among member companies in the Palestine Exchange, according to the official annual report issued by the exchange, reflecting the performance of the Palestinian financial market during the same...
Silver prices stabilize after the largest daily decline in over 5 years
SadaNews - Silver prices have recovered some of their losses after experiencing the largest daily drop in over five years, as the white metal continues its trend toward achieving a monthly increase of about a third, supported by a continued supply shortage.
The white metal rose to nearly $75 an o...
Asian Stocks Decline Amid Concerns Over Pace of U.S. Interest Rate Cuts
SadaNews - Asian stocks declined, influenced by the drops recorded on "Wall Street" on Monday, as traders grew more concerned about the pace of interest rate cuts by the Federal Reserve over the next year, following a nearly certain cut this week.
The regional stock index of "MSCI&...
Egypt decides to dispose of the regasification ship docked at Aqaba port in Jordan after r...
SadaNews - Egypt has decided to dispose of the regasification ship docked at Aqaba port in Jordan after renting it for six months, given the lack of need for it as natural gas imports from Tel Aviv have stabilized, according to a government official who spoke to "Asharq" on condition of an...
China Continues to Lead the Global Scene in Base Metals
SadaNews - A clearer picture is now emerging regarding Beijing’s plans to ease restrictions on the export of rare earth metals and other base metals following the meeting between Presidents Donald Trump and Xi Jinping in October in Busan, South Korea.
The pressure seems to have eased curren...
Serbia Ready to Increase Spending to Regain Control of the Only Oil Refinery from Russia
SadaNews - Serbia has expressed its readiness to pay a higher price to regain control of the oil refining company "NIS AD", while looking for ways to separate the Russian-owned company from intensified U.S. sanctions, according to President Aleksandar Vučić on Sunday.
Vučić said during...
Amazon Announces Largest Layoff in Its History
SadaNews - Amazon is preparing to announce comprehensive job layoffs starting today, Tuesday, according to CNBC.
The plan will represent the largest workforce layoff in Amazon's history and will include nearly all of its operations, according to sources.
Reuters reported that Amazon plans...
Gold Prices Stabilize at $4,381 per Ounce
SadaNews - Gold stabilized near a new record level, maintaining its support, despite market optimism over a decrease in global trade tensions and increasing hopes for the imminent reopening of the U.S. government.
The precious metal prices jumped by as much as 3.1% on Monday, peaking at $4,381.52...
Egypt: 15 Million Tourists Received During the First 9 Months of 2025
SadaNews - Egypt received 15 million tourists during the first 9 months of this year, a growth of 21% year-on-year, bringing it closer to its target of 18 million tourists by the end of the year.
Egypt's Minister of Tourism and Antiquities, Sherif Fathy, stated that "the number of touris...