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The Dollar Falls and the Shekel Gains... Will the Palestinian Employee Bear the Cost?

The Dollar Falls and the Shekel Gains... Will the Palestinian Employee Bear the Cost?

SadaNews - "A benefit from harm" is an ancient Arabic proverb, used when the harm to one person benefits another. This applies to the decline in the exchange rate of the dollar against the Israeli shekel, given the multiple currencies used in the Palestinian market (shekel, dollar, dinar)...
Qatar Strengthens Its Presence in the Asian Gas Market with Long-Term Agreement with Malaysia

Qatar Strengthens Its Presence in the Asian Gas Market with Long-Term Agreement with Malay...

SadaNews - Qatar has strengthened its presence in the LNG market in Asia by signing a long-term agreement to export gas to Malaysia, amidst growing demand in the Southeast Asian nation. QatarEnergy announced in a post on the "X" platform that it has signed a 20-year agreement with Malay...
UAE Private Sector Growth Reaches Highest Level in 11 Months Boosted by Sales Momentum

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

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

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...
Dutch Airline KLM Announces Resumption of Flights to "Israel" in an Exceptional Operating Format

Dutch Airline KLM Announces Resumption of Flights to "Israel" in an Exceptional Operating...

SadaNews - The Dutch airline KLM has announced the resumption of its flights to "Israel" starting from January 28, after suspending them last week. However, the flights will operate under an unusual format that includes a temporary stop in Cyprus, due to the prevailing security situation i...
The Dollar Takes Repeated Hits and Potential Intervention May Lower Its Value

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...
Hebrew Report: War with Iran Puts the Dollar Before Four Possible Scenarios

Hebrew Report: War with Iran Puts the Dollar Before Four Possible Scenarios

SadaNews - Professor Leo Leiderman, head of the IREES research institute at the "Peres" academic center, believes that a single event could push the dollar to a level approaching two shekels per dollar, which is the fall of the regime in Iran. According to Sada's economic translatio...
Israeli Energy Company Obtains License to Lay Submarine Fiber Optic Cable from Ashdod to Europe

Israeli Energy Company Obtains License to Lay Submarine Fiber Optic Cable from Ashdod to E...

SadaNews Economy Translation - The Israeli energy company "Dalia" has received a license from the Ministry of Communications to establish a landing station for a submarine fiber optic cable in the "Ashkelon" complex near the Port of Ashdod, according to SadaNews Economy's tra...
Decline in Trading Values Today Affected by Global Political Developments and Al-Quds Index Closes Lower

Decline in Trading Values Today Affected by Global Political Developments and Al-Quds Inde...

SadaNews - Today's session witnessed trading values amounting to $225,746, with a total trading volume of 119,339 shares. The market saw 62 transactions today, with liquidity concentrated at a rate of 45% distributed among Palestine Development and Investment - PADICO shares, followed by Palesti...