Tag Archives | Jordan

The Latest Iraq Transport News – oil exports, fuel oil, Jordan and more – brought to you by Iraq Business News

National Bank of Iraq joins IBBC

The National Bank of Iraq (NBI) has become the latest member of the Iraq Britain Business Council (IBBC). In a statement, the IBBC said it is delighted to welcome one of Iraq’s preeminent private sector banking organisations to join its growing financial and professional services sector table. NBI was founded in 1995 as a publicly […]

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Aqaba offers “New Gateway” to Iraq

New pre-arrival clearance protocols and reduced terminal handling charges for containers in transit, mean that Jordan’s deep-water Aqaba Container Terminal (ACT), located on the Red Sea, is now a realistic alternative maritime gateway for Iraq-bound cargo, APM Terminals said in its press release. Containers imported into Iraq will no longer have to be trans-loaded onto […]

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Iraq could transport 1m bpd via Aqaba

By John Lee. Iraq could transport up to a million barrels of oil per day through the Jordanian port of Aqaba (pictured), according to a report from The National. Ali Nazar Faeq Al Shatari, deputy director general for the State Oil Marketing Organization (SOMO) told The National: “That project is still in place and we’re […]

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“Iraq’s Energy Future Lies to the North”

By John Lee. A new report from the Washington Institute for Near East Policy says that Iraqi hydrocarbons “will either be exploited by Iran and its allies or used for Iraq’s own benefit, transforming the country into an energy export hub between the Gulf states, Turkey, and Europe. The United States has a strong strategic […]

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Iraq exempts 540 Jordanian Goods from Duty

By John Lee. MENAFN reports that 540 Jordanian goods have been officially exempted from customs duties of Iraq. Jordan’s Minister of Industry, Trade and Supply, Yarub Al-Qudah (pictured) said the decision aims to increase Jordanian exports to the Iraqi market, promoting economic cooperation between the two countries. He added that Jordanian trucks will be allowed […]

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Jordanian Ministers push for Truck Entry to Iraq

By John Lee. Jordan’s Minister of Municipalities, Walid Al-Masri, and Minister of Industry and Trade, Yarub Al-Qudah, have met representatives of the chambers of industry and commerce and members of the Jordan Truck Owners and Custom Clearance Associations to discuss arrangements for the entry of Jordanian trucks to Iraq. According to a report from Petra, […]

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The Islamic State Group Lives On – in Iraq’s Deserts

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Anbar’s western desert is a hiding place for the Islamic State group, locals say. And they fear the extremists will be back as soon as an opportunity presents itself. Last […]

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Fly Baghdad plans European flights, IPO

By John Lee. Fly Baghdad‘s Chief Executive Ali al-Hamdany has told Reuters that the budget airline plans to start flights to Europe and India next year, and is planning a stock market listing in 2020. It will also start flights to Ankara and Beirut in the coming weeks. It currently operates two Boeing 149-seat 737-700 jets […]

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Jordan to Spearhead Syria, Iraq Reconstruction

By John Lee. Jordan’s Minister of Industry, Trade and Supply, Ya’rub al-Qudah (pictured), has reportedly signed an agreement with a leading American company and a number of international firms to build an airport and a major logistics center to facilitate reconstruction for Syria and Iraq. According to Al Arabiya, the new facility will be built in […]

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National Contingency Plan to Tackle Oil Spills

Iraqi Government to Launch a National Contingency Plan to Tackle Oil Spill Incidents On 22 and 23 October 2017, Ministry of Oil, Ministry of Health and Environment and Ministry of Transport had discussions with the team of Japan International Cooperation Agency (JICA) in Basra to finalize Iraqi National Oil Spill Contingency Plan (NOSCP) in order […]

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Anbar Locals Warn Against Re-Opening Border Crossing

This article was originally published by Niqash. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Locals in Anbar celebrated when an important Iraqi-Jordanian border crossing was recently reopened. But the drivers who use it say many areas are still too dangerous to pass through. When […]

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