DFM ---ADX ---
1hUAE fuel prices dip for November: Here is how much you will save at the pumpBusiness
7hThe Recent $6.3 Billion Binance Breach: Security Lessons for the Crypto IndustryBusiness
19hUAE Residents Rank Telemarketers as Least Trusted ProfessionalsBusiness
19hUAE and Democratic Republic of Congo Launch Landmark Trade DealBusiness
20hUAE Regulator Closely Monitors Binance Following Major Security BreachBusiness
22hSingapore Airlines Suspends Dubai Routes Amid Regional TensionsBusiness
23hNMDC Group Reports Robust Growth with Dh2.4 Billion ProfitBusiness
23hPureHealth Sees Net Profit Surge to Dh1.8 Billion on Global ExpansionBusiness
1dArada Secures $400 Million in Landmark Sukuk IssuanceBusiness
1dFitch Ratings Affirms ADQ’s ‘AA’ Rating Following Strong 2025 Financial PerformanceBusiness
1dFlydubai Suspends Operations to Select Saudi Cities Amid Regional TensionsBusiness
1dBinance’s Recent $6.3 Billion Security Breach: A Deep Dive into Crypto’s HistoryBusiness
1dDubai Opens Doors: 400 New Real Estate Job Opportunities for EmiratisBusiness
1dUAE Dominates GCC M&A Landscape Amid Rising Market MaturityBusiness
1dBinance Faces Record-Breaking $6.3 Billion Security BreachBusiness
1dDubai Real Estate Records Strong Q3 Performance with Dh141 Billion in TransactionsBusiness
1dMicrosoft to Raise $25 Billion in Major Bond Sale for AI ExpansionBusiness
1dDubai’s Real Estate Funds: A New Frontier for Property InvestmentBusiness
1dECB President Christine Lagarde Announces ResignationBusiness
1dUAE Residents Can Now Repair Credit Scores in Just Six MonthsBusiness
1dSharjah Offers Affordable Licensing for Tech StartupsBusiness
1dUAE Residents Offered Faster Path to Financial Recovery with New Credit Scoring SystemBusiness
2dUAE Businesses Face Urgent Deadline for E-Invoicing ComplianceBusiness
2dNew Protections for Dubai Renters: How to Void Deceptive ContractsBusiness
2dDubai’s New Protections Against Deceptive Lease AgreementsBusiness

The era of one strait, one port is over

Wed, Jun 17, 2026(136d ago)Business

The UAE Ministry of Foreign Trade has declared that relying on a single trade route or port is no longer a viable strategy for the modern global economy. Speaking at the launch of the DMCC’s Future of Trade report, Amer Bin Breik, Director of the Future of Foreign Trade Department, emphasized that while recent regional conflicts have not altered the nation’s long-term economic vision, they have significantly accelerated the need for diversification. The goal is to move beyond single points of failure by fostering a highly connected, multi-modal network of logistics hubs and alternative trade corridors.

This shift became critical during recent geopolitical tensions, when the closure of the Strait of Hormuz temporarily halted the flow of international shipping and stranded vital energy supplies. In response, the UAE successfully demonstrated its resilience by rapidly activating backup infrastructure, including its east coast ports in Fujairah and the expansive 900-kilometre Etihad Rail network. By integrating these rail lines with major hubs like Khalifa Port and Jabal Ali, alongside new land routes through the Gulf of Oman, the UAE has effectively showcased that a diversified supply chain is the key to maintaining global connectivity during times of crisis.

Comments0
No comments yet. Be the first to share your thoughts.