INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Baghdad-Amman oil pipeline will soon be functional, says Iraqi Parliamentary Speaker

The Jordanian delegation held a series of meetings with Iraqi officials. (PETRA)
  • Iraq and Jordan will form joint parliamentary committees to overcome legislative impediments to projects.
  • The Jordanian delegation held a series of meetings with Iraqi officials.

BAGHDAD, IRAQ  – Iraqi Parliamentary Speaker Mohammed al-Halbousi said that an oil pipeline from Basra port to the Jordanian port of Aqaba will soon be operational pointing to many areas of cooperation between the two countries.

Al-Halbousi, who spoke at a joint press conference at Baghdad airport with Jordan’s Lower House Speaker Ahmad Safadi at the end of the Kingdom’s parliamentary delegation’s trip to Iraq, said on Saturday that the visit is to overcome any hurdles standing in the way of joint ventures.

Safadi said the two countries will form joint parliamentary committees to overcome legislative impediments to projects.

He stressed on Jordan’s keenness on the success of Iraq’s political process and the return of that country as a strong and influential player in the region.

The Jordanian delegation held a series of meetings with Iraqi officials, starting with president Abdul Latif Rashid, former presidents and prime ministers and heads of parliamentary blocs.

Iraqi officials underscored their support of joint projects between Jordan, Iraq and Egypt and commended the Kingdom’s support of their country.

They also supported Jordan King Abdullah’s position toward regional issues and his custodianship over Islamic and Christian holy sites in Jerusalem.