Dubai, July 15 -- In a move to strengthen the UAE's trade resilience, Dubai is planning to build a new port that would bypass the Strait of Hormuz, according to a report by the Financial Times.

The proposed development, led by Dubai-based ports and logistics operator DP World, includes a new multipurpose port and a container terminal in Fujairah on the UAE's east coast. The facilities would allow cargo to enter the country through the Gulf of Oman before being transported overland to Dubai, Abu Dhabi and neighbouring Gulf states, reducing reliance on the Strait of Hormuz.

The plan comes as shipping through the strategic waterway remains vulnerable following months of regional conflict. Although commercial traffic briefly resumed under a...