[TRSDC signs first $400 million joint venture with Al Mutlaq Group] Red Sea Development Corporation signed a joint venture agreement worth 1.5 billion riyals with Almutlaq Real Estate Investment Co., a subsidiary of AlMutlaq Group. Under the agreement, the two companies will develop Jumeirah Red Sea Resort, a 159-room luxury resort on Shura, the hub island of the Red Sea destination, which is currently under construction and is expected to open in early 2024. Editor/Xing Wentao

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• 2026.07.09 10:17
• [Deepening cultural and tourism cooperation between China and Arab countries]
• 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

• 2026.07.09 10:16
• [PetroChina and Total Energy Paris Meeting]
• 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