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

Speaker of Shura Council, French Ambassador discuss peace efforts in Yemen

The Speaker of Shura Council Dr. Ahmed bin Dagher met today, Thursday, with the French Ambassador to the Republic of Yemen Katherine Corm Kammoun.

German Chancellor Says Europe Must Stand Strong

German Chancellor Friedrich Merz has called on Europeans to strive for greater autonomy, emphasizing the need for Europe to defend itself using its own capabilities, given the shift in transatlantic relations.

S. Korea's exports rise 33.9 percent in January

South Korea's exports jumped 33.9 percent year-on-year to reach $65.85 billion in January, driven by strong demand for semiconductors.

Paris Saint-Germain temporarily tops the French league after their win against Auxerre

Paris Saint-Germain defeated Auxerre 1-0 in their Ligue 1 match on Matchday 19.

Last Update: ، 2026/02/06 Time 12:24:51
Latest News:

Speaker of Shura Council, French Ambassador discuss peace efforts in Yemen

Ambassador Faqira discusses with Jordanian official strengthening parliamentary cooperation

Aden Governor praises EU support for development projects

Yemeni Ambassador Discusses Developments in Yemen with Austrian Official

Yemen Participates in 57th Session of Arab Human Rights Committee

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.