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The NationalEN

Fertiglobe boosts UAE exports to 95% of production but logistics costs hit profit

Fertiglobe, the world’s largest seaborne exporter of urea and ammonia, said it has restored UAE exports to 95 per cent of production in the third quarter, despite continuing disruption at the Strait of Hormuz . That is up from 56 per cent in the second quarter, it said in a statement on Thursday to the Abu Dhabi Securities Exchange, where its shares trade. R

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