UAE

Trucks

DP World to build 2 UAE container terminals in Hormuz

July 22, 2026 12:39 pm, EDT Commercial and residential buildings on the beach in Abu Dhabi, United Arab Emirates. (Vidya Chandramohan/Bloomberg) key takeaways: DP World reached an initial 50-year concession to build two deepwater terminals in Fujairah, UAE, outside the Strait of Hormuz. The project adds capacity for 2.5 million containers, 190,000 autos and 5.3

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Trucks

UAE tells OPEC its oil production rose 80% in June

(Luke Sherratt/Bloomberg) July 13, 2026 10:18 am, EDT key takeaways: The UAE told OPEC it increased crude oil output by about 3.8 million barrels per day in June, an 80% increase since leaving the group. The increase reflects Abu Dhabi’s exit from OPEC limits and the ability to resume exports despite the disruption of the

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Trucks

UAE takes steps to reduce dependence on Strait of Hormuz to ‘zero’

Commercial and residential buildings on the beach in Abu Dhabi, United Arab Emirates. (Vidya Chandramohan/Bloomberg) June 17, 2026 1:21 pm, EDT key takeaways: The UAE unveiled plans to eliminate dependence on the Strait of Hormuz by expanding eastern ports, pipelines and transportation links as shipping has been disrupted by regional tensions. The effort reflects the

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