[Lucid Motors to build first overseas production plant in Saudi Arabia]Lucid Motors said it will build a production plant in Saudi Arabia with an annual capacity of 155,000 zero-emission electric vehicles. The deals are estimated to give Lucid a total of up to $3.4 billion in funding and incentives over the next 15 years to build and operate manufacturing plants in the kingdom. AMP-2, which will be located in King Abdullah Economic City, is the first production facility outside the U.S. for a public investment fund-backed electric vehicle manufacturer, according to a statement. Editor/Xing Wentao
At the end of June 2026, a Chinese tourism delegation visited Abu Dhabi and the two sides reached multiple cooperation agreements. Etihad Airways announced that its flights to China will increase to 35 per week.Editor/Gao Xue
On July 6, 2026, PetroChina and Total Energy held the ninth meeting of the Strategic Cooperation Steering Committee in Paris, and both sides agreed to strengthen communication, operate existing projects well, and promote cooperation to a new level.Editor/Gao Xue