[Saudi Arabia to launch 93 utility infrastructure projects]Saudi Arabia has announced plans to launch 93 projects, mostly related to the development of the kingdom's utility infrastructure, with an investment of $2.26 billion. The projects are primarily aimed at boosting the region's environment, water and agricultural systems, according to senior government officials. They added that they will be implemented by the Brine Conversion Company, the National Water Company and the National Center for Vegetation Cover and Desertification Control in coordination with the Saudi Deputy Minister of Water. Editor/Xing Wentao
In the first quarter of 2026, the overseas expansion of China's robotics industry accelerated, with a total export value of 11.32 billion yuan for various listed robots, sold to 148 countries and regions worldwide. The export value of newly added tax number category cleaning robots was 7.75 billion yuan, accounting for 68.5% of the total export value of robots and firmly ranking as the main export force. Industrial robots exported 3.16 billion yuan in the first quarter, a year-on-year increase of 42%. The Chinese robotics industry is transforming from a single product output to a comprehensive output of technology, solutions, and services, gradually becoming a new business card for China's foreign trade.Editor/Gong Ziwei
On May 5, 2026, Hengli Heavy Industries held a naming ceremony for two 82000 deadweight ton bulk carriers, which were built by Greek shipowner Dynacom. The two sides have previously cooperated on multiple VLCC and bulk carriers. On that day, Hengli Heavy Industries also collaborated for the first time with European shipowner Beacon Tankers, signing contracts for 2+2 158000 deadweight ton Suezmax tankers. Since 2026, Hengli Heavy Industry has signed a total of 20 oil tankers of this type, which has become the main construction vessel.Editor/Gong Ziwei