DUBAI (Feb 9): Malaysian palm oil-based products namely food products, cosmetics and pharmaceuticals will be made available at LuLu Hypermarkets in Dubai, following a collaboration sealed between the Malaysia Palm Oil Council (MPOC) and Lulu International Group. Malaysian palm oil exports in 2021 were recorded at 15.56 million tonnes, while production was at 18.14 million tonnes. Malaysian palm oil and palm oil products exported to the Middle East amounted to 2.4 million tonnes, with a value of US$1.7 billion. The United Arab Emirates took up 10% of the total palm oil and palm oil products exported to this region, valued at US$192 million. The estimated export value of palm oil and palm oil products to the Middle East in 2021 was approximately US$2.5 billion.
