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Jordan, Iraq discuss accelerating joint economic city construction
Jordan, Iraq discuss accelerating joint economic city construction

Jordan Times

time13-05-2025

  • Business
  • Jordan Times

Jordan, Iraq discuss accelerating joint economic city construction

By JT - May 13,2025 - Last updated at May 13,2025 Minister of Industry, Trade, and Supply Yarub Qudah and his Iraqi counterpart Khaled Battal review areas of bilateral cooperation (Petra photo) AMMAN — Jordan and Iraq on Tuesday discussed progress on the joint economic city project, with a focus on selecting a developer to begin construction as soon as possible. Minister of Industry, Trade, and Supply Yarub Qudah and his Iraqi counterpart Khaled Battal reviewed areas of bilateral cooperation, particularly in the industrial sector, and explored ways to capitalise on the economic opportunities available to both countries. The meeting, held on the sidelines of the Arab Economic and Social Development Summit in Baghdad, also addressed the need to accelerate efforts to boost trade exchange, resolve outstanding challenges, and encourage private sector investment in strategic projects, the Jordan News Agency, Petra, reported.

Iraq, Saudi Arabia sign agreement to establish silica-based industrial complex
Iraq, Saudi Arabia sign agreement to establish silica-based industrial complex

Zawya

time30-04-2025

  • Business
  • Zawya

Iraq, Saudi Arabia sign agreement to establish silica-based industrial complex

Iraqi's Ministry of Industry and Minerals announced on Tuesday the signing of a landmark cooperation agreement between the General Company for Glass and Refractories and Saudi Arabia's Ajyal Company to establish Iraq's largest integrated industrial complex for silica-based projects in Anbar Province. Industry Minister Khaled Battal was quoted by the official Iraqi News Agency (INA) as saying that the project aligns with the ministry's vision to strengthen Iraq's industrial capabilities. He said the agreement marks a significant shift in Iraq-Saudi industrial cooperation and represents a strategic step toward diversifying income sources and advancing domestic industries by leveraging local raw materials. The complex will focus on silica as a core raw material for various future industrial projects, including flat glass, bottles and jars, ceramic sanitary ware, floor and wall tiles, glass electrical insulators, and sodium silicate, among others. Project cost and timelines weren't disclosed. (Writing by Majda Muhsen; Editing by Anoop Menon) (

Chinese company signs contract to establish a major industrial city in Karbala
Chinese company signs contract to establish a major industrial city in Karbala

Iraqi News

time19-04-2025

  • Business
  • Iraqi News

Chinese company signs contract to establish a major industrial city in Karbala

Karbala -INA The Ministry of Industry and Minerals signed a contract with a Chinese company on Saturday to establish a major industrial city in the holy Karbala Governorate. An Iraqi News Agency (INA) correspondent said, "Minister of Industry and Minerals Khaled Battal sponsored the signing ceremony of the contract to establish a major industrial city near the Karbala oil refinery."

Enhancing the Jordanian-Iraqi Economic Partnership - Jordan News
Enhancing the Jordanian-Iraqi Economic Partnership - Jordan News

Jordan News

time08-02-2025

  • Business
  • Jordan News

Enhancing the Jordanian-Iraqi Economic Partnership - Jordan News

Amman,Iraqi Business Council (IBC) in Amman is organizing on February 16, a conference, themed: "Investment, Renewable Energy and Financing... Towards a Sustainable Digital Future." اضافة اعلان The event comes in partnership with Jordan and Amman Chambers of Industry, International Finance Corporation and Multilateral Investment Guarantee Agency (MIGA). According to an IBC statement Saturday, the European Bank for Reconstruction and Development, Iraqi Banks Association, Federation of Arab Businessmen, Iraqi business councils and local and international economic institutions will attend discussions. The one-day event focuses on investment, financing and digital transformation opportunities, highlighting "promising" sectors including the financial and banking sector, industry, mining, renewable energy, communications and information technology. The statement added that the conference constitutes a platform for direct contact among companies, representatives of strategic projects and financial institutions, providing "valuable" opportunities for expanding business and expanding into regional markets. IBC Vice President and Head of the Preparatory Committee, Dr. Saad Naji, said Iraqi Minister of Industry and Minerals, Dr. Khaled Battal, Governor of Central Bank of Iraq, Dr. Ali Al-Alaq, other officials and representatives of Jordanian and Iraqi financial and banking sectors will participate. On its agenda, Dr. Naji noted the conference represents an "exceptional" opportunity to enhance "strategic" Jordanian-Iraqi partnerships, as the two countries' investors and business owners will explore joint cooperation prospects and investment. Participation of "leading" international financial institutions adds an "exceptional" character, which would contribute to providing support for major projects and stimulating investment, he pointed out.

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