Sharjah Targets $3 Billion in Indian Investment as Khorfakkan Port Gains Importance
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While the Strait of Hormuz plays a crucial role in the trade relationship between India and the United Arab Emirates, Iran's military occupation of the waterway has disrupted cargo traffic on a large scale. As a result, all Gulf countries have started looking for alternative ways to improve trade with the world. This is mainly due to
Sharjah Targets $3 Billion in Indian Investment as Khorfakkan Port Gains Importance
Sharjah is targeting $3 billion in investment from Indian companies over 2026 and 2027 as disruptions to shipping through the Strait of Hormuz increase interest in Khorfakkan Port on the Gulf of Oman. The emirate expects Indian manufacturers, logistics companies and other businesses to expand their operations in Sharjah and use the UAE as a […] <p>The post Sharjah Targets $3 Billion in Indian Investment as Khorfakkan Port Gains Importance first …
Amid the shipping crisis in the Strait of Hormuz, Sharjah is offering a major opportunity to Indian companies through its Khorfakkan port. This will significantly facilitate direct access for Indian goods to the Gulf markets.
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