UAE Plans New Port to Bypass Strait of Hormuz

The United Arab Emirates is planning to build a new port on its east coast to reduce reliance on the Strait of Hormuz. Dubai's DP World is reportedly in negotiations to develop the port in Fujairah, which would provide direct access to the Gulf of Oman. This move aims to enhance trade security and bypass potential disruptions in the Strait.

Detected & updated continuously · Source: Ruma