The Latest Iraq Transport News – oil exports, fuel oil, Jordan and more – brought to you by Iraq Business News
By John Lee. Ziad Ali Fadel, Iraq's Minister of Electricity, arrived at the Iraqi-Jordanian border on Saturday morning to inaugurate the first phase of the Iraqi-Jordanian electrical interconnection project. This interconnection will provide between 40 to 50 megawatts of power to benefit the Rawa district, which has been deprived of electricity for over 10 years […]
By John Lee. The Prime Minister of the Kurdistan Regional Government (KRG) has held a meeting with a delegation from the banking sector, including Jordan Kuwait Bank and the Bank of Baghdad. According to a statement from the KRG, the meeting focused on potential collaborations and projects to enhance the banking infrastructure and spur economic […]
By Bilal Wahab for the Washington Institute for Near East Policy. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Two Tough Scenarios for U.S.-Iraq Relations Washington's ever-narrowing Iraq policy has left it with unpalatable choices, but muddling through is a better short-term option than […]
By John Lee. Judge Haider Hanoun, head of the Federal Integrity Commission in Iraq, called on all countries, especially those parties to the United Nations and Arab anti-corruption agreements, to unite, cooperate, and combine efforts to mitigate the danger of corruption. He emphasized that corruption has become a phenomenon crossing national borders, and modern methods […]
By John Lee. Iraq's Commission of Integrity has ordered five years "severe imprisonment" for the former Director of Customs at the Trebil (Tarbiel, Trebil) border crossing (pictured) between Iraq and Jordan. The director was also required to pay back 78 billion dinars ($60 million) to the state treasury. The decision was made following an investigation […]
By John Lee. Jordan's state-run Petra News Agency has said that exports from Jordan to Iraq have surged in 2023. Citing data from the Amman Chamber of Industry (ACI), it says that Jordanian exports to Iraq amounted to JD875 million [$1.2 billion] in 2023, compared to JD714 million in the previous year. This represents an […]
By John Lee. WEE Pros GmbH (Water, Energy, Environment Professionals) has won a contract with the United Nations Office for Project Services (UNOPS) for "Capacity Building for Professional Services of Beneficiaries, NGOs & Private Sector staff and the Public Sector staff members in Anbar." The contract is valued at $95,000. The company describes itself as […]
By John Lee. Jordan's Ministry of Energy and Mineral Resources has said that a number of tankers carrying crude oil from Iraq to Jordan have returned before entering Jordan due to protests at the Terbil [Trebel] border crossing. It said this decision was made to ensure the safety of drivers and the tankers. It added […]
By John Lee. Iraq's Minister of Electricity has announced the successful completion of the electricity connection with Jordan, adding that imports from Jordan will start in the coming days. Ziad Ali Fadel also confirmed that the electricity connection contracts with neighboring countries are progressing as planned. He clarified that the Gulf-Saudi connection is also progressing […]
By John Lee. OFFTEC Iraq, a subsidiary of Jordanian-based OFFTEC Holding Group PLC (OHG), has recently established a special division for lighting solutions at its Baghdad and Erbil branches, in cooperation with WATCO, an OHG subsidiary specialized in lighting solutions. According to a statement from the company, this move aligns with OHG's new business strategy […]
By John Lee. Iraq has reportedly increased its supply of crude oil to Jordan from 10,000 barrels per day (bpd) to 15,000 bpd. Jordan's state-run Petra News Agency cites the Ministry of Energy and Mineral Resources as saying that the increase took effect from the start of August. The oil will be supplied to the […]
By Yerevan Saeed for the Arab Gulf States Institute in Washington (AGSIW). Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Iraq and Egypt Boost Diplomacy, but GCC Remains the Linchpin Increasing diplomatic engagements between Iraq and Egypt are helping to advance a more ambitious […]
