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المشهد العربي
Al Zaabi: UAE plans new route to Strait of Hormuz
The UAE's Minister of Foreign Trade announced that the country has begun implementing a plan to reduce dependence on the Strait of Hormuz in the oil sector, while working to prepare an alternative route before the end of the year. The strategy includes establishing a third route to accommodate future expansion, developing Jebel Ali Port, and increasing the efficiency of links between economic zones, with the aim of enhancing the flow of goods and decreasing reliance on this vital waterway. The UAE expects its non-oil foreign trade to reach 4 trillion dirhams by the end of 2026 if current growth rates continue.
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