- Dubai-based DP World is reportedly planning to construct a new multipurpose port in Fujairah and a new terminal at an existing harbor on the UAE's east coast, aiming to bypass the Strait of Hormuz.
- This project is part of a broader, multibillion-dollar infrastructure strategy by the United Arab Emirates to achieve "zero Hormuz dependency" following recent regional conflicts that led to the effective closure of the vital waterway.
Financial Times





