In the presence of the Chairman of the Board of Directors of the Arab Mining Company, His Excellency Eng. Mohammed Ahmed bin Abdulaziz Alshehhi, and the Chairman of the Board of Directors of the Arab Potash Company, His Excellency Eng. Shehada Abu Hdeib, the two companies signed on Tuesday, December 2, 2025, a Memorandum of Understanding aimed at establishing a general framework for joint cooperation to implement strategic investments in the phosphate fertilizer industry. This initiative seeks to enhance the added value of Jordan’s natural resources and align with the objectives of the Economic Modernization Vision in developing the mining sector.
The memorandum was signed on behalf of the Arab Mining Company by its Director General, Dr. Hassan Al-Takrouri, and on behalf of the Arab Potash Company by its Chief Executive Officer, Dr. Maen Al-Nsour.
The MoU comes within the context of the strategic relationship between the two companies, as the Arab Mining Company owns about 20% of the shares of the Arab Potash Company. This makes the partnership a natural extension of their existing investment cooperation and a starting point for developing advanced downstream industries that strengthen Jordan’s role on the global mining map.
Under the memorandum, the two sides agreed to define technical and contractual work paths related to the development of phosphate fertilizer industries in the Kingdom, building on their strategic partnership in this field.
Commenting on the memorandum, the Chairman of the Arab Mining Company, His Excellency Eng. Mohammed Alshehhi, affirmed that investing in the shared capabilities and accumulated expertise of the two companies provides a solid foundation for launching new phosphate industries with added value. These industries will contribute to enhancing food security and expanding the role of downstream industries in supporting national economies.
For his part, the Chairman of the Arab Potash Company, His Excellency Eng. Shehada Abu Hdeib, stated that this step reflects the company’s vision of measured expansion and the development of its industrial base in the fertilizer sector. It will help maximize the returns of Jordan’s natural resources and strengthen the competitiveness of the national economy.
Eng. Abu Hdeib also noted that the partnership with the Arab Mining Company enhances industrial and investment integration and opens the door to strategic projects capable of supporting the objectives of the Economic Modernization Vision in advancing the mining sector and increasing its contribution to the gross domestic product.
Meanwhile, the Director General of the Arab Mining Company, Dr. Hassan Al-Takrouri, explained that the signed memorandum establishes a serious phase of work, pointing out that the two companies will combine their expertise to build advanced downstream industries in Jordan based on phosphate materials.
For his part, the CEO of the Arab Potash Company, Dr. Maen Al-Nsour, emphasized that the memorandum represents a new milestone in the company’s strategy to diversify products and strengthen value chains. He noted that utilizing Jordan’s fertilizer raw materials will open new industrial and marketing horizons, enhancing the company’s ability to meet the growing global demand for fertilizers.
The signing of this memorandum reflects the commitment of both parties to support efforts to develop the mining sector as one of the pillars of the national economy, and to strengthen its competitiveness through innovation and expansion in high value-added industries. This paves the way for establishing a sustainable industrial ecosystem that provides wide opportunities for investment and employment in the Kingdom.
