Beyond the Strait of Hormuz: How Gulf countries are preparing for life without the waterway
- As Dubai looks to build a new port and terminal to bypass the beleaguered Strait of Hormuz, it appears that Gulf countries are already preparing for a life without the crucial waterway.
- Port operator DP World is in talks to develop new facilities in the coastal area of Fujairah to take pressure off its flagship Jebel Ali port, according to the Financial Times.
- Jebel Ali, built in 1977, has made the UAE a hub of finance and trade, but weeks ago it was set alight by a piece of fallen debris from an Iranian missile.
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- As Dubai looks to build a new port and terminal to bypass the beleaguered Strait of Hormuz, it appears that Gulf countries are already preparing for a life without the crucial waterway.
- Port operator DP World is in talks to develop new facilities in the coastal area of Fujairah to take pressure off its flagship Jebel Ali port, according to the Financial Times.
- Jebel Ali, built in 1977, has made the UAE a hub of finance and trade, but weeks ago it was set alight by a piece of fallen debris from an Iranian missile.
Sources: The Independent