Fertiglobe CEO: Suez Eases Bab el-Mandeb Risks

Written by BloombergPublished Jul 28, 2026, 6:17 AM

ADNOC's fertilizer subsidiary Fertiglobe reported revenue of $1.09 Billion for the second quarter that beat the average analyst estimate despite the blockade in the Strait of Hormuz. Ahmed El Hoshy, CEO of Fertiglobe spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa on the numbers and the potential risk from the Red Sea.