Industry News
UAE Investments in Egypt Provide Hormuz Hedge as War Shrinks Dubai Economy
UAE state-backed investments across Egyptian energy and port infrastructure are serving as a strategic hedge against transit disruptions in the Strait of Hormuz. Meanwhile, Dubai's real GDP contracted 2.3% year-on-year in the first half of the year due to drops in trade and transport. The UAE continues building alternative maritime corridors through domestic pipelines, Khorfakkan, and Mediterranean ports in Egypt.
