Egypt announces about establishing a firm to produce a million ton of phosphate annually at a cost of $ 250 million

Ministry of Social Affairs Issues Urgent Humanitarian Appeal over Deteriorating Conditions in Taiz

The Ministry of Social Affairs and Labor issued Tuesday an urgent humanitarian appeal to international and regional organizations and agencies, associations, institutions, unions, local and foreign civil society organizations and its private-sector partners, calling for an immediate action and intensified efforts to alleviate the suffering of citizens and respond to the growing humanitarian needs in Taiz Governorate.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

Brent Crude Futures Rise 12 Cents

Oil prices remained mostly unchanged in early Asian trading on Thursday following gains from the previous session and a sharp monthly increase.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/10/13 Time 09:03:37
Latest News:

President al-Alimi: Ending Houthi Terrorism, Irrevocable Decision

Yemen’s Ambassador Discusses Latest Developments with Austrian Parliament President

Presidential Leadership Council Warns Against Collaboration with Houthis, Orders Legal Action

High Committee Approves Methodology for Updating and Developing National Disability Strategy for 2027–2032

Ministry of Agriculture Signs MoU with WFP to Boost Food Security in Yemen

Egypt announces about establishing a firm to produce a million ton of phosphate annually at a cost of $ 250 million

[11/06/2024 05:42]

CAIRO-SABA
The Arab Republic of Egypt announced on Tuesday the establishment of a corporation to maximize the added value of low-concentration phosphate ores and produce one million tons per year of crude at a total cost of 250 million US dollars.

The Egyptian Ministry of Petroleum and Mineral Resources said in a statement, "This came during the signing of the shareholders' agreement to establish the company between the Egyptian Mineral Resources Authority and the two companies (East Gas) and (IMEX International) in the presence of the Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla.