Ma’aden awards Phase 1 Phosphate 3 project contract to Worley and JESA International 

Ma'aden aims to complete the first phase of its Phosphate 3 complex in 2025 (File)
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Updated 01 February 2023
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Ma’aden awards Phase 1 Phosphate 3 project contract to Worley and JESA International 

RIYADH: Saudi Arabian Mining Co., also known as Ma’aden, awarded an engineering, procurement and construction management contract to Australian consultant Worley and Morocco’s JESA International for the first phase of its Phosphate 3 project. 

All sides plan on reaching a conclusive agreement regarding the EPCM contracts in the coming months, Worley noted in a statement.  

“We are pleased that Worley has been selected for providing services to Ma’aden’s Phosphate 3 development program that is expected to make Saudi Arabia one of the leading phosphate fertilizer exporters worldwide,” said Chris Ashton, CEO of Worley in the statement.  

As per the agreement, in-Kingdom services will be provided by Worley, while out-of-Kingdom services will be provided by JESA International.   

The project consists of the design and construction of new process plants in the Saudi industrial cities of Wa’ad Al Shamal and Ras Al-Khair.   

The statement also noted that the plants are part of an integrated greenfield complex that aims to generate 1.5 million metric tons of phosphate fertilizers a year.  

Implementation will take place through Worley’s offices in Saudi Arabia and India and JESA’s facility in Morocco, according to the statement.   

Ma'aden aims to complete the first phase of its Phosphate 3 complex in 2025 and the second phase in 2027, it said in its second-quarter 2022 investor presentation.  


DP World announces new leadership appointments

Updated 13 February 2026
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DP World announces new leadership appointments

DUBAI: DP World announced the appointment of Essa Kazim as Chairman of its Board of Directors and the appointment of Yuvraj Narayan as Group Chief Executive Officer.

Essa Kazim currently serves as Governor of the Dubai International Financial Centre and Chairman of Borse Dubai. He brings extensive experience in financial and economic affairs, having previously held senior leadership positions in several national institutions.

Yuvraj Narayan has extensive professional experience in financial management, corporate finance, supply chains, and global trade. Since joining DP World in 2004, he has led a number of strategic and transformational initiatives that supported the company’s expansion across international markets and strengthened its role as an integrated global provider of end-to-end supply chain solutions.

Narayan has served as Group Chief Financial Officer since 2005, contributing to the company’s financial resilience and operational efficiency.

DP World affirmed that the new appointments support its strategy for sustainable growth and reinforce its role in strengthening global supply chains and supporting Dubai’s position as a leading hub for trade and logistics.