(L-R, center) Iraq's Prime Minister Mohammed Shia Al Sudani, Egypt's President Abdel Fattah Al Sisi and Jordan's King Abdullah II walk to attend the Baghdad Conference for Cooperation and Partnership at the Dead Sea, Jordan, 20 December 2022. EPA
(L-R, center) Iraq's Prime Minister Mohammed Shia Al Sudani, Egypt's President Abdel Fattah Al Sisi and Jordan's King Abdullah II walk to attend the Baghdad Conference for Cooperation and Partnership at the Dead Sea, Jordan, 20 December 2022. EPA
(L-R, center) Iraq's Prime Minister Mohammed Shia Al Sudani, Egypt's President Abdel Fattah Al Sisi and Jordan's King Abdullah II walk to attend the Baghdad Conference for Cooperation and Partnership at the Dead Sea, Jordan, 20 December 2022. EPA
(L-R, center) Iraq's Prime Minister Mohammed Shia Al Sudani, Egypt's President Abdel Fattah Al Sisi and Jordan's King Abdullah II walk to attend the Baghdad Conference for Cooperation and Partnership

Iraqi, Egyptian and Jordanian leaders to meet for talks amid economic pressure


Khaled Yacoub Oweis
  • English
  • Arabic

The leaders of Iraq, Egypt and Jordan will hold a summit soon, Jordanian Prime Minister Bisher Al Khasawneh said on Monday amid economic pressures in the three countries.

The meeting in Egypt could help reactivate a loose alliance between Baghdad, Amman and Cairo, which has focused on improving commercial ties.

“We are coming to a three-way summit,” Mr Al Khasawneh said after meeting his Egyptian counterpart, Mostafa Madbouly, in Amman, without giving a date for the meeting.

The two men discussed “three-way mechanisms” between the Cairo, Amman and Baghdad governments, Mr Madbouly told reporters.

These will be the first top-level talks between the three countries since a brief meeting between Egyptian President Abdel Fattah El Sisi, Jordan's King Abdullah and Iraqi Prime Minister Mohamad Al Sudani at an international conference to discuss Iraq, hosted on Jordan's Dead Sea shore in December.

Mr Al Sudani's predecessor, Mustafa Al Kadhimi, made it a priority to improve ties with Arab countries when he took office in May 2020, with relations having deteriorated under overtly pro-Iranian administrations.

Jordan, Egypt and Saudi Arabia responded to Mr Al Kadhimi's suggestion that Iraq should fully rebuild relations with its Arab neighbours despite strong misgivings by Iran-backed parties in Baghdad, some of whom were openly hostile to the Gulf states. Mr Al Kadhimi also took a number of steps to rein in Iran-backed militias, who later tried to assassinate him in November 2021.

The three countries, all close allies of the US, reactivated a number of economic agreements with Iraq and increased senior-level discussions with Baghdad. In November 2020 Saudi Arabia reopened its main border crossing with Iraq after three decades of closure.

Mr Al Kadhimi, King Abdullah and Mr El Sisi met several times to co-ordinate on business and economic issues, although no breakthroughs were reported.

Upon succeeding Mr Al Kadhimi last year, Mr Al Sudani made Jordan the destination of his first foreign trip.

However, he is seen in Amman and other Arab capitals as being more influenced by Iran than his predecessor, a former intelligence chief who is well connected in Washington.

Despite Mr Al Kadhimi's efforts, business ties with Jordan continued to hit snags, with several interruptions to Iraq's 10,000 barrel-per-day crude oil exports to the country.

Iraqi oil accounts for 7 per cent of Jordan's needs.

The Jordanian economy has been stagnant for over a decade. The World Bank places the country's unemployment at around 23 per cent, with similarly stubborn levels in Iraq.

However, the Jordanian dinar has been stable for decades, in contrast with the Egyptian pound and Iraqi dinar, which have undergone sharp devaluations in the last several years.

Oppenheimer
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EChristopher%20Nolan%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%20%3C%2Fstrong%3ECillian%20Murphy%2C%20Emily%20Blunt%2C%20Robert%20Downey%20Jr%2C%20Florence%20Pugh%2C%20Matt%20Damon%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%20%3C%2Fstrong%3E5%2F5%3Cbr%3E%3C%2Fp%3E%0A
Company%20profile%20
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MATCH INFO

Champions League quarter-final, first leg

Ajax v Juventus, Wednesday, 11pm (UAE)

Match on BeIN Sports

UAE currency: the story behind the money in your pockets
What the law says

Micro-retirement is not a recognised concept or employment status under Federal Decree Law No. 33 of 2021 on the Regulation of Labour Relations (as amended) (UAE Labour Law). As such, it reflects a voluntary work-life balance practice, rather than a recognised legal employment category, according to Dilini Loku, senior associate for law firm Gateley Middle East.

“Some companies may offer formal sabbatical policies or career break programmes; however, beyond such arrangements, there is no automatic right or statutory entitlement to extended breaks,” she explains.

“Any leave taken beyond statutory entitlements, such as annual leave, is typically regarded as unpaid leave in accordance with Article 33 of the UAE Labour Law. While employees may legally take unpaid leave, such requests are subject to the employer’s discretion and require approval.”

If an employee resigns to pursue micro-retirement, the employment contract is terminated, and the employer is under no legal obligation to rehire the employee in the future unless specific contractual agreements are in place (such as return-to-work arrangements), which are generally uncommon, Ms Loku adds.

FINAL SCORES

Fujairah 130 for 8 in 20 overs

(Sandy Sandeep 29, Hamdan Tahir 26 no, Umair Ali 2-15)

Sharjah 131 for 8 in 19.3 overs

(Kashif Daud 51, Umair Ali 20, Rohan Mustafa 2-17, Sabir Rao 2-26)

The specs: 2018 Volkswagen Teramont

Price, base / as tested Dh137,000 / Dh189,950

Engine 3.6-litre V6

Gearbox Eight-speed automatic

Power 280hp @ 6,200rpm

Torque 360Nm @ 2,750rpm

Fuel economy, combined 11.7L / 100km

Company%20profile
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THE SPECS

Engine: Four-cylinder 2.5-litre

Transmission: Seven-speed auto

Power: 165hp

Torque: 241Nm

Price: Dh99,900 to Dh134,000

On sale: now

ELIO

Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett

Directors: Madeline Sharafian, Domee Shi, Adrian Molina

Rating: 4/5

THREE
%3Cp%3EDirector%3A%20Nayla%20Al%20Khaja%3C%2Fp%3E%0A%3Cp%3EStarring%3A%20Jefferson%20Hall%2C%20Faten%20Ahmed%2C%20Noura%20Alabed%2C%20Saud%20Alzarooni%3C%2Fp%3E%0A%3Cp%3ERating%3A%203.5%2F5%3C%2Fp%3E%0A
MOUNTAINHEAD REVIEW

Starring: Ramy Youssef, Steve Carell, Jason Schwartzman

Director: Jesse Armstrong

Rating: 3.5/5

RESULTS
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Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

How the bonus system works

The two riders are among several riders in the UAE to receive the top payment of £10,000 under the Thank You Fund of £16 million (Dh80m), which was announced in conjunction with Deliveroo's £8 billion (Dh40bn) stock market listing earlier this year.

The £10,000 (Dh50,000) payment is made to those riders who have completed the highest number of orders in each market.

There are also riders who will receive payments of £1,000 (Dh5,000) and £500 (Dh2,500).

All riders who have worked with Deliveroo for at least one year and completed 2,000 orders will receive £200 (Dh1,000), the company said when it announced the scheme.

The Details

Kabir Singh

Produced by: Cinestaan Studios, T-Series

Directed by: Sandeep Reddy Vanga

Starring: Shahid Kapoor, Kiara Advani, Suresh Oberoi, Soham Majumdar, Arjun Pahwa

Rating: 2.5/5 

WITHIN%20SAND
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Who's who in Yemen conflict

Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government

Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council

Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south

Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory

What is blockchain?

Blockchain is a form of distributed ledger technology, a digital system in which data is recorded across multiple places at the same time. Unlike traditional databases, DLTs have no central administrator or centralised data storage. They are transparent because the data is visible and, because they are automatically replicated and impossible to be tampered with, they are secure.

The main difference between blockchain and other forms of DLT is the way data is stored as ‘blocks’ – new transactions are added to the existing ‘chain’ of past transactions, hence the name ‘blockchain’. It is impossible to delete or modify information on the chain due to the replication of blocks across various locations.

Blockchain is mostly associated with cryptocurrency Bitcoin. Due to the inability to tamper with transactions, advocates say this makes the currency more secure and safer than traditional systems. It is maintained by a network of people referred to as ‘miners’, who receive rewards for solving complex mathematical equations that enable transactions to go through.

However, one of the major problems that has come to light has been the presence of illicit material buried in the Bitcoin blockchain, linking it to the dark web.

Other blockchain platforms can offer things like smart contracts, which are automatically implemented when specific conditions from all interested parties are reached, cutting the time involved and the risk of mistakes. Another use could be storing medical records, as patients can be confident their information cannot be changed. The technology can also be used in supply chains, voting and has the potential to used for storing property records.

Sour%20Grapes
%3Cp%3E%3Cstrong%3EAuthor%3A%20%3C%2Fstrong%3EZakaria%20Tamer%3Cbr%3E%3Cstrong%3EPublisher%3A%20%3C%2Fstrong%3ESyracuse%20University%20Press%3Cbr%3E%3Cstrong%3EPages%3A%20%3C%2Fstrong%3E176%3C%2Fp%3E%0A
The biog

Age: 46

Number of Children: Four

Hobby: Reading history books

Loves: Sports

COMPANY%20PROFILE
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Updated: August 07, 2023, 5:12 PM