Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Mining company from Jordan shows interest in cooperation with the sector in Bulgaria

Photo: mi.government.bg

One of the largest Jordanian companies in the mining industry is interested in a partnership with the mining sector in Bulgaria. The Chairman of the Board of Directors of the company and former Deputy Prime Minister of the country, Mohammad Thneibat, visited Bulgaria to study investment opportunities.‎

At a meeting with the Bulgarian Minister of Economy, Nikola Stoyanov, specific opportunities for joint projects between the two countries were discussed, which would further contribute to deepening the commercial and economic relations between Europe and the Middle East. 

Bulgaria "has a very developed mining and processing industry, and I am confident that here you will find suitable partners, competitive at the world level", Minister Stoyanov pointed out. Mohammad Tneibad has invited a Bulgarian business delegation to visit Jordan, as well as to start work on the idea of a joint investment in fertilizer production facilities. ‎

The Jordanian company is the second largest exporter and the sixth largest producer of phosphate in the world, with a production capacity of over 7 million tonnes of phosphate per year. The Hashemite Kingdom has the fifth largest phosphate reserves in the world - 3.7 billion tonnes, of which 1.25 billion tonnes are the stocks available to the specific producer.‎



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Osaka calls for stronger economic ties between Bulgaria and Japan

'The land of the rising sun' — this evocative name resonates beautifully with Bulgarians. The country is also known as the 'cherry blossom garden' and the 'mighty financial powerhouse'. These descriptions are all accurate, sparking the interest of..

published on 5/19/25 3:14 PM
Petar Ganev, Institute for Market Economics

IME expects Bulgaria to meet the price stability criterion for joining the euro area

Bulgaria will meet the price stability criterion for joining the eurozone without the need for subjective calculations, said the Institute for Market Economics (IME), which refers to inflation data in recent months. Following a positive..

published on 5/18/25 12:20 PM

NSI: Household expenses up 13%; incomes up 15% in last quarter

In the first quarter of 2025, the average quarterly total income per household member in Bulgaria was BGN 3,271 (€1,672), marking a 15.2% increase compared to the same period in 2024. This data comes from the Household Budget Survey by the National..

published on 5/16/25 2:28 PM