Ramallah - Ma'an - The Monetary Authority warned of serious and imminent repercussions that will affect all aspects of life if the Israeli side continues to refuse to receive the shekel banknotes accumulated in Palestinian banks. The Monetary Authority confirmed in a statement issued today, Wednesday, that banks operating in Palestine will not be able to finance trade operations and pay the prices of goods and services to Israeli companies and suppliers, during the next few days, as the continued refusal of the Israeli side to charge the shekel deprives them of feeding their accounts in Israeli correspondent banks, which will have a direct impact on the ability of the public and private sectors to finance the import of goods and services coming from Israel. Source: Maan News Agency
Related Articles
Oil Prices Surge Amid Rising Tensions in Middle East
Muscat: Oil prices surged by more than 3% today amid rising geopolitical tensions following the exchange of strikes between the United States and Iran, as well as the thrust of the Israeli occupation forces deeper into Lebanese territory.
According…
New Professional Designations Approved to Enhance Hotel Sector
Muscat: The Ministry of Heritage and Tourism, in cooperation with the Ministry of Labour, has endorsed 73 new professional designations for the hotel and tourist resort sector. This initiative is part of efforts to regulate and develop the tourism sec…
MSX Gains 149 Points in a Strong Trading Session
Muscat: The Muscat Stock Exchange “30” index concluded today’s trading session at 7,028.16 points, advancing 149.4 points-a robust gain of 2.13 percent from the previous close of 7,028.16 points.
According to Oman News Agency, the trading value soa…
