Search Site

ADQ, Orion to establish JV

The partners commit to deploying $1.2bn in the next four years.

Alpha Dhabi acquires interest in NCTH

The deal increases NCTH's portfolio to 8 hotels with 1,500 keys.

Meraas awards construction contract

The $272m contract has been awarded for Bluewaters Bay.

SIB’s 2024 profit $272m

The profit surpassed AED 1 billion for the first time in bank's history.

AD Ports to invest in Kazakh port

Under the deal, AD Ports Group owns 51% stake.

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.