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Sources to 'SadaNews': Israel Extends Banking Relations with Palestinian Banks

Sources to 'SadaNews': Israel Extends Banking Relations with Palestinian Banks

SadaNews Exclusive - Informed sources revealed to "SadaNews" on Thursday evening that Israel has decided to extend its banking relationship with Palestinian banks for two months, until 31/5/2026. According to the sources, the correspondent Israeli banks have informed their Palestinian c...
Smotrich Announces Agreement with Banks to Transfer 3 Billion Shekels to the State Treasury

Smotrich Announces Agreement with Banks to Transfer 3 Billion Shekels to the State Treasur...

SadaNews Economy Translation - Israeli Finance Minister Bezalel Smotrich announced a new step regarding taxation on banks, confirming that his ministry reached a preliminary agreement with the banks to transfer about 3 billion shekels to the state treasury this year. Smotrich told Israelis, as tr...
Smotrich Threatens Israeli Banks: Canceling Benefits Will Double the Tax

Smotrich Threatens Israeli Banks: Canceling Benefits Will Double the Tax

Translation of SadaNews Economy - Israeli Finance Minister Bezalel Smotrich issued a direct threat to Israeli banks, stating that if they proceed to cancel the benefits provided to consumers following the imposition of the new tax, he will raise the tax rate from 15% to 30%. Smotrich said on Thur...
Banks in Gaza Without Funds... Residents of the Strip Prey to Exploitation

Banks in Gaza Without Funds... Residents of the Strip Prey to Exploitation

SadaNews Economy - The announcement of a ceasefire in Gaza has alleviated the shocks from Israeli airstrikes and the blockade, but the lack of cash liquidity has made Palestinians unable to spend their limited funds without becoming victims of those profiting from the tragic conditions, according to...