The UAE enlists Israel to strengthen its control over the most important Saudi ports on the Red Sea
On Wednesday, the UAE pushed the Israeli occupation to the forefront of its confrontation with Saudi Arabia and on its very doorstep.
Exclusive – Al-Khabar Al-Yemeni:
The UAE concluded a deal with the shipping company “Maersk” involving the acquisition of part of its share in operating the important Jeddah Port on the Red Sea.
“Maersk” is a global shipping conglomerate with a Danish identity, in which Israel holds a significant share.
Advisor to the UAE President, Abdulkhaleq Abdulla, confirmed that the UAE’s Dubai Ports Company sold approximately 35% of its share in operating Jeddah Ports, with the Emirati company retaining the largest share at about 65%.
The Emirati company has been operating Jeddah Port on the Red Sea under a concession granted to it years ago, with operating costs reaching nearly half a billion dollars.
The timing of the Emirati step indicates Abu Dhabi’s fears of Saudi moves to terminate its concession at the most important port. Furthermore, Maersk’s takeover of the port enhances the UAE’s future control; Saudi Arabia will not dare to target investments there, especially with the escalating pace of confrontation.
The Emirati step could form the framework for an international coalition led by the UAE against Saudi Arabia, with the participation of the Israeli occupation.
It is noteworthy that the Israeli occupation had developed an appetite for Gulf ports on the Red Sea following the Yemeni blockade that lasted for two years, inflicting economic losses on it as part of the operations to support Gaza.
Maersk itself was subjected to a series of attacks following its involvement in attempts to break the blockade, in addition to transporting weapons shipments for the Israeli occupation.