China–UAE News
Abu Dhabi’s L’imad Fund Targets Major Port Investments to Bypass Strait of Hormuz
Abu Dhabi's $300 billion sovereign wealth fund L'imad Holding plans to deploy billions of dollars into port infrastructure located outside the Strait of Hormuz. The initiative forms part of the UAE's broader strategy to reduce maritime supply route dependency on the contested waterway. The sovereign platform, led by Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed Al Nahyan, recently proposed privatising AD Ports Group to accelerate strategic logistics projects.
