Abu Dhabi has advanced its multi-billion-dollar 'Zero Hormuz' initiative by expanding container terminals and oil storage at the Port of Fujairah. Managed by sovereign investment platform L'imad Holding, the project aims to secure direct energy and cargo corridors to China bypassing the Strait of Hormuz. The initiative coincides with discussions regarding the privatization of AD Ports Group at a valuation near $9 billion.
Abu Dhabi has advanced its multi-billion-dollar 'Zero Hormuz' infrastructure initiative, expanding container terminals and oil storage at the Port of Fujairah. Managed by sovereign platform L'imad Holding, the project aims to safeguard trade and energy routes to China and other Asian partners outside the Strait of Hormuz. The initiative coincides with discussions regarding the privatisation of AD Ports Group at a $9 billion valuation.
Chinese autonomous driving companies including WeRide, Baidu Apollo Go, and Momenta are expanding commercial robotaxi deployments in Abu Dhabi and Dubai. The rollouts align with Dubai's goal of making 25 percent of mobility trips driverless. Bilateral cooperation was formalized through a digital economy and AI memorandum of understanding signed by UAE and Chinese ministries.
Chinese autonomous driving firms including WeRide, Baidu Apollo Go, and Momenta are accelerating commercial robotaxi deployments across Abu Dhabi and Dubai. These rollouts align with Dubai's 25 percent driverless trip target and follow a bilateral MoU signed by the UAE and China to expand cooperation in digital infrastructure, AI, and smart transportation. Official data also shows over 14,500 Chinese business licenses active in the UAE.
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