The Latest Iraq Transport News – oil exports, fuel oil, Jordan and more – brought to you by Iraq Business News
By John Lee. Iraq's oil exports to Jordan by truck have reportedly stopped at the end of March. Jordan Times cites sources as saying that a new deal is waiting to be signed, implying that the delay is on the Iraqi side. Oil exports by road to Jordan totalled 309,841 barrels last month. (Source: Jordan […]
From 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. A New Opportunity for the Basra-Aqaba Pipeline? While the Basra-Aqaba pipeline project promises economic, energy, and security benefits for Iraq and Jordan, high costs and political and security […]
By John Lee. Jordan's Minister of Energy and Mineral Resources, Saleh Al-Kharabsheh, has reportedly confirmed that the Jordanian-Iraqi electrical interconnection project is expected to be completed by the end of 2024. Jordan News quotes the minister as saying that all tenders for the project have been awarded by the Jordanian side, including the tender for […]
By John Lee. The President of the Jordanian Businessmen Association, Hamdi Tabbaa (pictured), has said that partnerships between Jordan and Iraq's business communities are crucial for a successful economic relationship between the two nations. He called for an action plan to outline both sides' priorities and track agreement outcomes. On February 8th, a joint committee […]
By Adam Lucente for Al Monitor. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Trilateral Biden-Abdullah-Sudani call reiterated support for Iraq The Iraqi prime minister also discussed Iraq's economic situation with the president as the dinar continues to slide against the dollar. Jordan's […]
By Bachar Halabi for Argus Media. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. Basrah-Aqaba oil pipeline 'will never be': Iraq militia Iraqi aspirations to move ahead with a long-planned crude pipeline from Basrah to Aqaba in Jordan have been dealt a major blow […]
By John Lee. Iraq's Ministry of Construction has announced that its Building Research Department signed a memorandum of understanding with the American Concrete Institute (ACI). The MoU aims to, "increase cooperation and coordination in the field of improving concrete facilities, through the preparation of research and publications, holding meetings and conferences, membership of committees, activities […]
Joint communiqué/Baghdad Conference for Cooperation and Partnership 2022 In light of the decision taken at the conference held in Baghdad on 28 August 2021, and at the invitation of His Majesty King Abdullah II, in coordination with His Excellency President Emmanuel Macron of the French Republic and His Excellency Prime Minister Mohammed Shia al-Sudani of […]
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraqi PM stresses need for regional reconciliation at summit in Jordan Iraqi Prime Minister Mohammed Shia al-Sudani attended the second round of the Baghdad conference today in Jordan and expressed Iraq's […]
By Al Monitor staff. Any opinions expressed here are those of the author(s) and do not necessarily reflect the views of Iraq Business News. Iraq's prime minister makes first foreign trip to Jordan Iraqi Prime Minister Mohammed Shia al-Sudani met with Jordan's King Abdullah II in Amman to discuss bilateral relations and regional issues. Click […]
By John Lee. The Bank of Jordan has announced its first branch in Baghdad. Mr. Shaker Fakhouri, Chairman of the Board, said: "Our decision to establish a branch in Iraq serves to boost our regional presence and exemplifies the strategy adopted by the Bank; namely expanding its business operations in the region, where markets are […]
By John Lee. The Abu Dhabi Exports Office (ADEX) has reportedly signed a line-of-credit agreement worth AED36.7 million (US$10 million) with the National Bank of Iraq (NBI). According to WAM, the financing agreement was signed virtually by Khalil Al Mansouri, Acting Director-General of ADEX, and Ayman Abu Dhaim, CEO of the National Bank of Iraq. […]
