Gulf to become major fertiliser producer

The UAE and other Gulf states are expected to pump billions of dollars in the next few years into expanding their fertilisers industry to face an upswing in global demand as a result of agricultural expansion, according to an official study.

The combined capital invested by the GCC states in fertilisers until the end of 2006 has totalled about $5.7 billion (Dh20.9bn).

The six Gulf Co-operation Council (GCC) states, which control more than 40 per cent of the world