date:Oct 27, 2015
In 2003, investments in the edible oil sector were US$278.6 million. Edible oil investments have more than doubled to $646 million. Vegetable oils account for 80% of edible oils consumed in the GCC region. Most refining is done in the region. Cumulative investment in the sector has seen its workforce double and the number of factories and total capacity increase by half. Increase in the GCC population and rising affluence in the region has contributed to the growth of edible oil industry. Roughl