The Latest Iraq Transport News – oil exports, fuel oil, Jordan and more – brought to you by Iraq Business News
By John Lee. The Jordan Furniture Exporters and Manufacturers Association (JFEMA) has reportedly signed a memorandum of understanding to carry out furnishing and interior works projects in Iraq, with an estimated total value of $40 million. According to the Jordan Times, the work will include a project to furnish the largest commercial mall in Baghdad, […]
By Osama Al Sharif for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iraq Business News. Jordan’s King Abdullah’s one-day visit to Baghdad on Jan. 14 was hailed as “historic” by Iraqi President Barham Saleh. It was the first trip to Iraq by the Jordanian monarch in more than […]
By John Lee. Business leaders in Jordan have reportedly welcomed increased access to Iraq’s $88.2-billion reconstruction efforts. According to a report from Jordan Tmes, a recent agreement to grant Jordanian construction contractors equal status to their Iraqi peers was described as “a God-sent miracle” by engineer and board member of the Jordan Construction Contractors Association (JCCA) […]
By John Lee. King Abdullah II of Jordan arrives in Baghdad today on an official visit to Iraq for talks with President Barham Salih, and Prime Minister Adil Abd Al Mahdi and senior officials, with a view to strengthening bilateral relations and regional development. According to a report from The Arab Weekly, the two countries […]
By John Lee. Prime Minister Adil Abd Al-Mahdi and Jordan's Prime Minister Dr. Omar Razzaz have agreed a series of measures to increase cooperation between the two countries. Following a meeting at the weekend, they announced that, among other steps, they will finalize the framework agreement for the Iraqi-Jordanian pipeline which will run from Basra […]
IOM and UNODC Sign Agreement with the Government of Jordan to Upgrade al-Karamah Border Crossing Point In partnership with the Government of Jordan, the International Organization for Migration (IOM) and the United Nations Office on Drugs and Crime (UNODC) signed an official partnership yesterday (10/12) to upgrade the al-Karamah border crossing point between Iraq and […]
By John Lee. Iraq and Jordan have signed a a military-security cooperation agreement. The agreement aims to exchange expertise and information in the field of border protection, developing intelligence capabilities, joint military exercises, research and technology development, combating terrorism in various forms, training and development. (Source: Iraqi Ministry of Defense)
Jordanian Prime Minister, Omar Razzaz, on Monday met with Iraqi Defence Minister, Irfan Hayali, to discuss the Jordanian-Iraqi relations. Razzaz underlined the depth of the historic Jordanian-Iraqi relations and the keenness to enhance joint cooperation to serve the interests of both countries and their peoples. The premier also pointed to the directives of His Majesty […]
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 […]
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 […]
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 […]
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 […]
