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The Times of India

World

Pranjal Pandey

UAE planning to develop shipping alternatives, port that bypasses Hormuz

Hormuz UAE Abu Dhabi Fujairah Gulf Strait of Hormuz Limad Oil

Abu Dhabi's state-owned wealth platform, L'imad Holding, is preparing to increase its investment in ports and other infrastructure beyond the Strait of Hormuz, as the UAE seeks to lessen its dependence on the waterway during the ongoing conflict with Iran.

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