[IMF to support Zanzibar's blue economy] The Zanzibar Ministry of Blue Economy stated that the Zanzibar government will continue to vigorously develop the blue economy, and the International Monetary Fund has approved US$567 million for Tanzania through the Post-COVID-19 Recovery Fund, of which about US$100 million will flow to Zanzibar , including about $16 million to be spent on blue economy sectors such as small-scale fisheries, sea cucumber and seaweed farming, and mud crab fattening. At the same time, relevant departments of Zanzibar will carry out in-depth research on the blue economy value chain, protect biodiversity to support Zanzibar's development of the blue economy. Editor/Xing Wentao

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• 2026.07.07 11:47
• [Dubai Kicks Off Construction of Al Ha'il Highway]
• Dubai officially announces the construction of the Al Ha'il Highway, a 15 kilometer elevated two-way six lane road project that will start in 2027 and be completed by 2030, significantly improving traffic efficiency. The project is included in the $5 billion urban development plan, aimed at improving transportation in the area and consolidating Dubai's position as a hub for Middle East trade and commerce. Editor/Min Jing

• 2026.07.07 11:45
• [Design Bid Winner Confirmed for Sichuan Yanyuan Baiwu Pumped Storage Project]
• The total investment of Baiwu pumped storage in Liangshan Salt Source, Sichuan is 15.661 billion yuan, with an installed capacity of 1.4 million kilowatts and leading design technology for ultra-high head. China Electric Power Construction Chengdu Institute won the survey and design bid with a price of 322 million yuan, with a service period until the end of 2033. The project will help Sichuan power grid peak shaving and new energy consumption. Editor/Min Jing