The Latest Iraq Transport News – oil exports, fuel oil, Jordan and more – brought to you by Iraq Business News
By Yesar Al-Maleki, for The Middle East Institute. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. The promise and the pitfalls of Iraq's tripartite New Mashreq Sunday was a festive day in Baghdad. The last time Iraqis had received an Egyptian president 30 […]
By Ali Mamouri for Al-Monitor. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq hosts historic summit with Jordanian, Egyptian Leaders The visit by Egyptian President Abdel Fattah Al-Sisi to Baghdad is the first by an Egyptian head of state since 1990. Click here […]
By John Lee. Egypt's President Abdel Fattah al-Sisi and Jordan's King Abdullah arrived in Baghdad on Sunday for a fresh round of talks aimed at strengthening cooperation between the countries. It is the first visit by an Egyptian head of state to Iraq since Iraq's invasion of Kuwait in 1990. The leaders agreed on the […]
From Amwaj Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. When will Iraq's envisioned industrial cities fire up? The previous Iraqi government headed by Adil Abdul Mahdi (Oct. 2018-May 2020) concluded a number of ambitious agreements to establish joint industrial cities with neighboring […]
By John Lee. Two oil tankers owned by the State Company for Maritime Transport (SCMT) have been transferred from Jordanian registration to registration in the Iraqi port of Basra, following the lifting of sanctions. Iraqi Transport Minister, Captain Nasser Hussain Bandar Al-Shibli [Captain Nasser Hussein Bandar Al-Shibli], raised the Iraqi flags on the vessels, the […]
SFD signs a $10 million export financing agreement with the National Bank of Iraq The Saudi Fund for Development (SFD) has signed an export financing agreement with the National Bank of Iraq (NBI), a subsidiary of the Capital Bank Group, to provide credit facilities worth $10 million to Iraqi importers who seek to import Saudi […]
By John Lee. Iraqi and Egyptian officials have discussed the possibility of extending the Basra-Aqaba pipeline to Egypt. The matter was discussed at a meeting on Wednesday between Iraq's Oil Minister Ihssan Abdul-Jabbar Ismail the Egyptian Ambassador to Iraq. A press release after the meeting said that extending the pipeline into Egypt would be "an […]
By John Lee. Prime Minister Mustafa al-Kadhimi has spoken of creating a "New Mashreq", to harness the broad common interests between Iraq, Jordan and Egypt in order to create a prosperous economic zone that will benefit all countries in the region and in which Iraq would play a major role. Addressing staff at the headquarters […]
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 […]
By John Lee. The National Investment Commission (NIC) has announced the following investment opportunity: Cattle stations in Wasit (Source: National Investment Commission)
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. […]
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 […]
