INSEAD Day 4 - 728x90

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Jordan’s energy ministry signs two MoUs for copper, gold exploration

The Energy Ministry signed an MoU with a Turkish company also. (Petra)
  • The Jordan Integrated Mining and Exploration Company will conduct a 16-month copper exploration of a 78-square-kilometre area.
  • The Turkish "Solvest Trade and Industry Limited Company" will conduct a 14-month gold exploration in the Abu Khashiba Valley.

The Ministry of Energy and Mineral Resources on Sunday inked an MoU with a local company to explore for copper in the Dana region of Jordan’s south.

Another MoU with a Turkish company was signed to explore for gold in the Abu Khashiba region, also south, media reports said.

The Jordan Integrated Mining and Exploration Company will conduct a 16-month copper exploration of a 78-square-kilometre area outside of the Dana Nature Reserve, Minister of Energy Saleh Kharabsheh said.

Also, the Turkish “Solvest Trade and Industry Limited Company” will conduct a 14-month gold exploration in the Abu Khashiba Valley region of Jordan’s south.

According to the minister, the Turkish company’s exploration area is approximately 155 square kilometers.

This is the second collaboration with the Turkish company, following a memorandum of understanding struck in April to explore copper in the same region.