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Malaysia to raise palm oil exports to UAE
- United Arab Emirates: Saturday, May 31 - 2008 at 08:08
Malaysia expects to increase its palm oil exports to the UAE by about 15% this year to meet rising demand for edible oils, reported Gulf News. The UAE's imports this year could cross 400,000 tonnes compared with 354,000 tonnes in 2007, according to the Malaysian Palm Oil Council. At current prices, Malaysia is expected to earn about Dhs1.67bn ($455m) from palm oil exports to the UAE in 2008.
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Jeff Florian, Senior ReporterSaturday, May 31 - 2008 at 08:08 UAE local time (GMT+4)
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