By John Lee. Jordan and Iraq held talks on Saturday in Amman to enhance economic cooperation in various fields, especially trade and investment. According to Jordan Times, the meeting was headed by Jordan's Minister of Industry, Trade and Supply, Maha Al Ali, and Iraqi Minister of Industry and Minerals, Manhal Aziz. More here. (Source: Jordan […]
Tag Archives | Jordan
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Investment Opportunity: Cattle Stations in Wasit
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunity: Cattle stations in Wasit (Source: National Investment Commission)
Jordan "negotiating New Oil Contract with Iraq"
By John Lee. Iraq's State Oil Marketing Organization (SOMO) has reportedly said that Jordan is negotiating with Iraq to resume purchases of crude oil. Shafaq News Agency quotes the company's Director, Alaa al-Yasiri, as saying that Iraq exported no crude oil to Jordan in December due to the expiration of the old contract. More here. […]
Egypt, Iraq deepen Defense Ties
By George Mikhail for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Egypt, Iraq deepen Defense Ties Egypt and Iraq are expanding defense industry ties in a sign of deepening engagement among Cairo, Baghdad and Amman. Click here to read the […]
Jordan Finds Gas Field near Iraqi Border
By John Lee. Jordan has found new reserves of natural gas at its Risha field, close to its border with Iraq. Hala Zawati, the Jordanian Energy Minister, said: "... drilling operations at Well 53 in the Risha field have shown promising results, while exploration and drilling operations continue at wells 50, 51 and 52." (Source: […]
Iraq, Jordan, Egypt Economic Partnership gains Momentum
By Muhammed Magdy for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq, Jordan, Egypt economic partnership gains momentum The tripartite meeting between the foreign ministers of Egypt, Jordan and Iraq, and the ensuing agreements to boost cooperation raises questions about […]
Iraq, Jordan to Connect Electrical Networks
By John Lee. On Sunday, Iraq and Jordan reportedly signed a contract to connect their electricity networks and sell electrical energy between the two countries. According to INA, the deal will see Jordan providing Iraq with 1000 gigawatt hours per year as a first stage. The 300-km line will connect the new Risha substation, currently […]
Arrest Warrant for owner of Iraqi Broadcaster
Baghdad court issues arrest warrant for owner of Iraqi broadcaster Dijlah TV Iraqi authorities should immediately drop the arrest warrant for Jamal Karbouli, the Iraqi owner of Amman-based Dijlah TV, and allow Dijlah TV to operate freely and without fear of reprisal, the Committee to Protect Journalists (CPJ) said on Tuesday. Dijlah TV has an […]
Iraq-Jordan-Egypt summit urges Increased Trade
By Al Monitor staff. Any opinions expressed here are those of the author and do not necessarily reflect the views of Iraq Business News. Iraq-Jordan-Egypt summit urges increased trade as security concerns loom over region A one-day summit in Amman, Jordan, on 25th August between Iraq, Jordan and Egypt discussed further economic cooperation and joint […]
Local Businesses get Boost from Iraq Lockdown
By John Lee. Iraq's national lockdown in response to the coronavirus (COVID-19) pandemic has reportedly given a boost to local businesses. According to a report from AFP, local businesses no longer have to compete with imports from countries such as Turkey, Iran, China, Saudi Arabia, Jordan and Kuwait. It quotes the owner of an ice-cream […]
Sharp Increase in Container Traffic via Aqaba to Iraq
By John Lee. Aqaba Container Terminal (ACT) has reported that its strategy to promote Aqaba as a gateway to Iraq and the wider Levant has delivered "a sharp increase in containers to Iraq (up 367% compared to previous year), and thus contributed to the positive results recorded for the past few months". The Founder and […]
Iraq seeks bids for Iraq-Jordan Oil Pipeline
By John Lee. Iraq's Ministry of Oil has invited bids fto build the Iraq-Jordan oil pipeline. The first phase will be built on the Iraqi side, stretching 700 km from Rumaila to Haditha. This will have a capacity of 2.25 million barrels per day (bpd). This will be built on an engineering, procurement, construction and […]