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UAE Expedites New Fujairah Port Construction on July 22 to Reduce Strait of Hormuz Reliance

2026-07-23 06:37:25

According to UAE sources, on July 22, the UAE expedited construction of a new port in Fujairah amid regional shipping tensions affecting the Strait of Hormuz. The project aims to reduce the country's dependence on the strategic waterway, while boosting container throughput and maritime trade capacity.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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