[Abu Dhabi government to invest $2.72 billion in six transformation programmes] The Abu Dhabi government will invest $2.72 billion in six transformational programs aimed at more than doubling the city's manufacturing sector to $46.83 billion by 2031. The government intends to provide more financing channels, improve the ease of doing business in the emirate, and target more foreign direct investment. The new Abu Dhabi Industrial Strategy, launched by Sheikh Khalid bin Mohammed bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council and Chairman of the Abu Dhabi Executive Office, will consolidate the emirate Status as the most competitive industrial hub in the region. Editor/Xing Wentao

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• 2026.06.12 17:04
• [Saban wins Saudi Arabia 's EPC contract for more than $ 1 billion gas plant]
• Recently, the Italian oilfield service giant Seban Group has won a large list of overseas energy engineering projects, and the Saudi billion-level gas plant project has landed, consolidating its position in the Middle East market and broadening the layout of global oil and gas infrastructure. It is reported that the Saipan Group has won the bid for the Saudi Usmaniyah natural gas compression plant project through a Saudi joint venture. The contract value is USD 1.04 billion, and the project cycle is 42 months. It is responsible for the overall project, procurement and construction work, which can extend the production life of the local gas field and ensure the supply of Saudi energy. In addition, in April this year, the company won a USD 400 million offshore water injection facility contract for the Safaniya Oilfield in Saudi Arabia.At the same time, it won a USD 150 million pre-project order for the offshore project in Guyana, and made more efforts to expand the overseas oil and gas engineering market.Editor / Li Xiaohua

• 2026.06.12 16:05
• [New shipping route from Yangpu to India opened]
• On June 9, 2026, the Xintaicang ship departed from Yangpu International Container Terminal, and the new container shipping route from Yangpu to India was officially opened. The route passes through the South Vietnam Sea Defense Port, Singapore Port, and India's Mundra Port, making it the second sea freight channel connecting Yangpu and South Asia. Hainan rapeseed oil, chemical products, etc. can be directly transported to India, and domestic goods can also be transshipped through Yangpu to South Asia, forming a two-way logistics pattern between the north and south. Yangpu Maritime Bureau provides full escort throughout the process, simplifies inspection procedures, and effectively reduces logistics costs. Editor/Cheng Liting