Cabinet approves €52 million Italian loan, grant to finance national carrier
The agreement aims to contribute to financing the implementation of Aqaba-Amman National Water Carrier Project for desalination and water transfer, which aims to provide a potable water supply of 300 million cubic meters annually, address the chronic water shortage in the Kingdom, and increase water supplies to all governorates.
This agreement comes within the framework of implementing the National Water Carrier Project, a major national strategic project and the most important response to the challenge of water poverty in Jordan and one of the most important projects included in the Economic Modernization Vision.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Ammon
43 minutes ago
- Ammon
U.S. envoy Witkoff to meet Israeli, Qatari officials in Rome in Gaza ceasefire push
Ammon News - White House Middle East envoy Steve Witkoff plans to meet in Rome on Thursday with senior Qatari and Israeli officials to continue negotiations over the Gaza ceasefire and hostage deal, two sources with knowledge of the meeting told Axios. The trilateral meeting in Rome will take place as negotiators from Hamas and Israel holding indirect negotiations in Doha on the last sticking points. Witkoff made it clear to the parties in recent weeks that he will join the talks in Doha only if a deal is close at hand. But sources with knowledge of the issue said that the meeting in Rome is a signal that a deal might be a matter of days away. Witkoff is expected to depart for Rome on Wednesday and arrive on Thursday for a meeting with Israeli minister for strategic affairs Ron Dermer and a senior Qatari envoy. It will be a follow-up to a similar meeting between the three at the White House two weeks ago. If sufficient progress is made, Witkoff will travel from Rome to Doha toward the end of the week to try and seal the deal, according to a U.S. source and an Israeli source familiar with the details. Israel and mediators from Qatar, Egypt and the U.S. are waiting for Hamas' response to the latest proposal.

Ammon
2 hours ago
- Ammon
Gold eases as US-Japan trade deal lifts risk appetite; weak dollar caps losses
Ammon News - Gold eased on Wednesday as risk appetite improved after U.S. President Donald Trump announced a trade deal with Japan ahead of an impending tariff deadline, though a soft dollar and lower Treasury yields capped losses for greenback-priced bullion. Spot gold was down 0.2% at $3,422.95 per ounce, as of 0459 GMT, after hitting its highest point since June 16 earlier in the session. U.S. gold futures also slipped 0.2% to $3,436.10. Trump said the U.S. and Japan had struck a trade deal that includes a 15% tariff that will be levied on U.S. imports from the country. U.S. and Chinese officials will meet in Stockholm next week to discuss an extension to the deadline for negotiating a trade deal, U.S. Treasury Secretary Scott Bessent said. Offering support to bullion, the U.S. dollar index languished near a two-week low against its rivals, making greenback-priced gold less expensive for other currency holders. Benchmark 10-year U.S. Treasury yields on Tuesday touched their lowest level since July 9. Elsewhere, spot silver fell 0.2% to $39.20 per ounce, platinum edged 0.1% lower to $1,439.65 and palladium slipped 0.2% to $1,272.50. Reuters

Ammon
2 hours ago
- Ammon
Oil prices pause slide on US-Japan trade deal
Ammon News - Oil prices edged up in Asian trade on Wednesday after falling for three consecutive sessions as a U.S. trade deal, opens new tab with Japan signalled progress on tariffs, though gains were capped by fading hopes for a breakthrough at an EU-China summit. Brent crude futures rose 21 cents, or 0.31%, to $68.80 a barrel by 0351 GMT. U.S. West Texas Intermediate crude futures gained 17 cents, or 0.26%, at $65.48 per barrel. Both benchmarks were down about 1% in the previous session after the EU said it was considering countermeasures against U.S. tariffs, as hope faded for a deal ahead of an August 1 deadline. President Donald Trump said on Tuesday that the U.S. and Japan had struck a trade deal that includes a 15% tariff on U.S. imports from Japan. He also said Japan had agreed on $550 billion in investments in the U.S. Separately, U.S. crude and gasoline stocks fell last week, market sources said, citing American Petroleum Institute figures on Tuesday. Distillate stocks rose by 3.48 million barrels, they added. Reuters