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Chemical, cosmetic exports increased by 22% in 2020

Chemical, cosmetic exports increased by 22% in 2020 By JT - Feb 17,2021 - Last updated at Feb 17,2021 AMMAN The Kingdom’s chemical and cosmetic exports during the first 11 months of 2020 grew by 22 per cent. According to official data, chemical and cosmetic exports during the January-November period of 2020 reached $1.23 billion, in comparison with $1.013 billion during the same period of 2019, the Jordan News Agency, Petra, reported. The sector includes economic opportunities at a value of some $2.304 billion, both for exports and untapped opportunities, due to high demand after the coronavirus crisis, particularly for detergents, disinfectants, sterilisers, fertilisers and agricultural pesticides. The Kingdom’s chemical and cosmetic industries sector, with 700 industrial facilities, manufacture four times more than the country’s needs, with factories producing 375,000 tonnes of hand sanitisers, disinfectants and detergents a year, while the local market’s maximum dem

Chemical, cosmetic exports increased by 22% in 2020

Chemical, cosmetic exports increased by 22% in 2020
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Iran Expands Its Sphere Of Influence With Iraqi Energy Deals

Premium Content Iran Expands Its Sphere Of Influence With Iraqi Energy Deals By Simon Watkins - Jan 14, 2021, 3:00 PM CST Iraq announced two deals with countries that Iran hopes can be gradually moved further into its sphere of influence. One of the two, Lebanon, is already seen by Tehran as a key player in the Shia crescent of power that it has been meticulously developing for years - as a counterpoint to the U.S.’s own sphere of influence centred on Saudi Arabia - that stretches from Syria and Lebanon through Iraq and Iran and then south into Yemen. According to comments last week from Iraq’s new Oil Minister, Ihsan Abdul Jabbar, following a meeting in Baghdad with his Lebanon counterpart, Raymond Ghajar, Iraq will begin exporting fuel to Lebanon this month. The geopolitical imperative underpinning this announcement cannot be overstated, given that Iraq itself suffered from extreme power shortages over the summer and remains subject to intermittent power failures

A Controversial New Power Grid Divides The Middle East

Premium Content A Controversial New Power Grid Divides The Middle East By Simon Watkins - Dec 22, 2020, 6:00 PM CST More details have emerged on the Iraq-Jordan electricity power grid that is fast becoming a highly controversial project due to Iraq’s persistent political game-playing with both the U.S. and Iran. According to comments last week from the director general of Jordan’s National Electric Power Company (NEPCO), Amjad Rawashdeh, preparations are now underway for the tender for the construction the Jordan-Iraq electricity power grid, anticipated to be floated at the beginning of 2021.  In the first stage, the focus of the grid will be on expanding the capacity of Jordan’s Al Risha plant that will allow for the provision of 150 megawatts of electricity to Iraq for an initial period of three years, although it is renewable with the agreement of both countries. In parallel with this, work will begin on the second phase projects that includes building out the

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