Phosphate company “arrived at unacceptable level”, says chairman
Chairman of the Jordan Phosphate Mines Company (JPMC), Muhammad Thniebat,
Amman - Fana News
Chairman of the Jordan Phosphate Mines Company (JPMC), Muhammad Thniebat, on Saturday, said the company has arrived at an unacceptable level after posting unprecedented losses of JOD90 million.
While acknowledging that lower prices in international markets were primarily to blame for the losses, Thniebat made it clear that it was not the only reason. He said higher fuel, water and electric power costs amounted to JOD45 million while labor costs and employee benefits ate up a whopping JOD97 million of the firm’s revenues.
Thniebat, a former minister, promised that a comprehensive roadmap will be devised and put in place soon to address the effects of “this crisis” by rationalizing spending, optimizing human and material resources and increasing production to about 11.5 million tons per year.
He pointed out that the company is negotiating with the allied mining companies to reduce production costs and review agreements sealed with them to reach a better position for the JPMC
GMT 14:14 2017 Friday ,05 May
National training company signs agreementGMT 07:37 2017 Friday ,31 March
Hassabo Inaugurates First Stage of Al-Selaim - Nawa RoadGMT 07:35 2017 Friday ,31 March
Hassabo Inaugurates First Stage of Al-Selaim - Nawa RoadGMT 15:22 2017 Friday ,03 March
Oman warns private sector over Omanisation targets
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 10:20 2016 Sunday ,11 December
IFAD calls for agricultural investment to address poverty
GMT 12:17 2017 Sunday ,26 February
Trial by TV: can the media skewer Donald Trump’s presidency?
GMT 10:18 2017 Thursday ,22 June
EIA: US oil, gasoline stockpiles fall
GMT 08:45 2017 Thursday ,30 November
Hopes for new dawn in Gaza face hurdles
GMT 03:17 2017 Thursday ,07 September
Sitin by families of Abra detainees, demanding amnesty for their sons
GMT 19:44 2017 Sunday ,29 January
Trump, Putin Discuss Pressing International Issues
GMT 12:49 2017 Thursday ,30 March
Top Tibetan Lama abandons Monkhood to marry old friend
GMT 07:19 2017 Tuesday ,24 January
Egyptian business delegation to visit U.S in April
GMT 06:55 2017 Thursday ,07 September
Bahrain Press headlines
GMT 19:06 2017 Tuesday ,04 April
British PM May arrives in Riyadh today
GMT 16:27 2017 Tuesday ,12 September
Digital technologies create opportunities to address challenge of skills gap: UNESCO
GMT 14:09 2017 Saturday ,01 April
Police orders probe into extrajudicial killing of 2 suspects
GMT 21:25 2017 Sunday ,27 August
Nine Daesh leaderships killed in int'l coalition raid in Kirkuk
GMT 04:48 2014 Thursday ,02 January
Syrian group hacks Skype
GMT 18:25 2011 Friday ,22 April
Japan\'s Isuzu eyes business tie-up with Volkswagen
GMT 12:22 2017 Tuesday ,11 April
Minister of Intl Cooperation praises Japan's efforts in various fields
GMT 22:49 2017 Friday ,06 January
Facebook Live assault: Gang charged with hate crime
GMT 21:25 2017 Tuesday ,07 March
India's 'sweetest victory' best under my captaincy
GMT 21:02 2017 Wednesday ,09 August
6 French soldiers wounded after being hit by car in northern Paris
GMT 03:06 2017 Tuesday ,21 November
Bahrain to celebrate Prophet's birthday
GMT 21:31 2017 Monday ,23 January
Kuwait Oil Company Declares Emergency After Oil Leak
GMT 02:38 2017 Friday ,28 July
Australia's new prime minister to visit Indonesia
GMT 19:48 2017 Thursday ,16 February
Alexandria, Dekheila ports closed due to bad weather
GMT 18:16 2017 Sunday ,06 August
NBA glitz, glamour on show in South Africa
GMT 20:42 2017 Wednesday ,18 October
Kuwait cooperation to achieve sustainable development
GMT 07:21 2017 Saturday ,11 February
Death toll rises to 15 in Philippine earthquake, hundreds injured
GMT 12:54 2016 Tuesday ,02 February
Bassam Al-Fakih joins Arabic edition of Abu Dhabi Week
GMT 21:10 2017 Thursday ,19 October
Sisi hands Holy Quran, Egyptian flags to commanders of new naval units
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor