[Abu Dhabi government to invest $2.72 billion in six transformation programmes]The Abu Dhabi government will invest $2.72 billion in six transformational programs aimed at more than doubling the city's manufacturing sector to $46.83 billion by 2031. The government intends to provide more financing channels, improve the ease of doing business in the emirate, and target more foreign direct investment. The new Abu Dhabi Industrial Strategy, launched by Sheikh Khalid bin Mohammed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office, will consolidate the emirate Status as the most competitive industrial hub in the region. Editor/Xing Wentao
According to data from market service agency Kepler, 24 oil tankers and cargo ships passed through the Strait of Hormuz on June 29th, indicating the continued recovery of shipping activities in this globally important energy transportation channel. 24 ships, including crude oil carriers and liquefied natural gas carriers, passed through the Strait of Hormuz on the same day. The data also shows that on June 30th, shipping activities in the strait further increased, with a giant oil tanker and several small ships entering the Persian Gulf, reflecting a rebound in confidence in the shipping market's navigation conditions in the region. Editor/Min Jing
On June 30, 2026, it was learned from the Guangzhou Maritime Safety Administration that the export volume of foreign trade vehicles at the Xinsha Port in Guangzhou increased by 169.7% year-on-year from January to June this year, with a year-on-year increase of 81.7% in the export volume of new energy vehicles. The scale of foreign trade vehicle exports continues to expand. Editor/Min Jing