# Abu Dhabi crown prince’s $300 billion wealth fund key to UAE’s ‘Zero Hormuz’ strategy

https://mins.news/en/item/80230

- Bloomberg News, 2026-09-30 12:00 UTC
- Economy
- Original: https://www.bloomberg.com/news/features/2026-09-29/uae-s-sheikh-khaled-spending-billions-to-bypass-iran-s-grip-on-strait-of-hormuz

> The $300 billion wealth fund of Abu Dhabi Crown Prince Sheikh Khaled is a central player in the UAE’s “Zero Hormuz” strategy, spending heavily on ports and infrastructure to redraw trade routes in the Gulf.

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