World Bank pledges $400m loan for Jordan’s water security project

The National Water Carrier Project will produce roughly 300 million cubic meters of desalinated water annually in Aqaba. (File/AFP)
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Updated 17 October 2022
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World Bank pledges $400m loan for Jordan’s water security project

  • 300m cubic meters of desalinated water to be produced
  • $1.8bn already promised for initiative, says minister

AMMAN: The World Bank has promised to provide Jordan an investment loan of $400 million to fund its National Water Carrier Project, the Aqaba-Amman Water Desalination and Transmission initiative, according to the Jordan News Agency on Sunday.

Jordan’s Minister of Planning and International Cooperation Nasser Shraideh reportedly said this funding by the bank’s International Finance Corporation forms part of a larger package of investment loans from other countries and development partners totaling more than $1.8 billion announced in March.

The project aims to boost Jordan’s water security by producing roughly 300 million cubic meters of desalinated water annually in Aqaba. It is regarded as a top priority for the government.

Shraideh previously met with the IFC’s Managing Director Makhtar Diop in Washington D.C. to discuss the bank’s plans to increase its financial support for Jordan’s private sector.

Shraideh reportedly briefed Diop on Jordan’s new investment law aimed at protecting the rights of investors and ensure adherence to promised financial incentives.

Shraideh also had a separate meeting with World Bank President David Malpass to discuss unemployment, climate change, water security and energy.

He had also urged Malpass to increase the World Bank’s support for Arab League member states and countries in the region.

 


Iran unrest persists, top judge warns protesters

Updated 08 January 2026
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Iran unrest persists, top judge warns protesters

  • Demonstrations sparked by soaring inflation
  • Western provinces worst affected

DUBAI: Iran’s top judge warned protesters on Wednesday there would be “no ​leniency for those who help the enemy against the Islamic Republic,” while accusing Israel and the US of pursuing hybrid methods to disrupt the country.
The current protests, the biggest wave of dissent in three years, began last month in Tehran’s Grand Bazaar by shopkeepers condemning the currency’s free fall. 
Unrest has since spread nationwide amid deepening distress over economic hardships, including rocketing inflation driven by mismanagement and Western sanctions, and curbs on political and ‌social freedoms.
“Following announcements ‌by Israel and the US president, there is no excuse for those coming ‌to the ​streets for ‌riots and unrest, chief justice Gholamhossein Mohseni Ejei, the head of Iran’s judiciary, was quoted as saying by state media.
“From now on, there will be no leniency for whoever helps the enemy against the Islamic Republic and the calm of the people,” Ejei said.
Iranian authorities have not given ‌a death toll for protesters, but have said at least two members of the security services have died and more than a dozen have been injured.
Iran’s western provinces have witnessed the most violent protests.
“During the funeral of two people ​in Malekshahi on Tuesday, a number of attendees began chanting harsh, anti-system slogans,” said Iran’s Fars, news agency.
After the funeral, Fars said, “about 100 mourners went into the city and trashed three banks ... Some started shooting at the police trying to disperse them.”
The semi-official Mehr news agency said protesters stormed a food store and emptied bags of rice, which has been affected by galloping inflation that has made ordinary staples increasingly unaffordable for many Iranians.