The big picture
Trump's decision to scrap the proposed 20% Strait of Hormuz transit fee in favour of Gulf-state trade and investment deals removes a near-term cost threat for regional commerce, while the UAE moves to future-proof its trade infrastructure with a new DP World port on the Fujairah coast to bypass Hormuz entirely. On the fintech front, Qatar's Central Bank continues to push its formal fintech strategy as Doha bids to become a diversified regional innovation hub, echoing Saudi Arabia's Vision 2030-driven digital-finance build-out reported the same day.
The details
ICIS
Trump Drops 20% Hormuz Transit Fee, Opts for Gulf Investment Deals. President Trump rescinded the proposed 20% Strait of Hormuz reimbursement fee, replacing it with trade and investment agreements with Middle East nations.
Read at ICIS ->
The Maritime Executive
UAE Plans New DP World Port on Fujairah Coast to Bypass Hormuz. DP World is planning a new port on the UAE's East Coast plus expanded Fujairah container capacity to provide an alternative route avoiding the Strait of Hormuz.
Read at The Maritime Executive ->
The Fintech Times
Qatar Central Bank Advances Fintech Strategy to Diversify Beyond Oil. Qatar's Central Bank is implementing a formal fintech strategy positioning the country as a regional digital-finance and AI innovation hub alongside its hydrocarbon economy.
Read at The Fintech Times ->
The Gulf Money digest surfaces reported news from third-party publications. We do not republish the stories themselves - every headline above links to the original source so you can read the publisher's own coverage.