[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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• 2026.10.13 15:30
• [LSHEC Wins Western Qinghai Hydropower Fluoride Wastewater EPC Project]
• LSHEC has won the EPC project for the treatment of fluorine-containing wastewater in western Qinghai, and has added defluorination equipment to the backend of the original wastewater treatment process, along with an online monitoring system to stabilize water quality control. The enterprise will coordinate the entire process construction, ensure the standard recycling of sewage, and help the enterprise achieve green and low-carbon transformation. Editor/Min Jing

• 2026.10.13 15:28
• [CR21G Completes Breakthrough of Shishan Tunnel]
• CR21G has successfully completed the construction of the Hewu high-speed railway from the entrance of Shishan Tunnel to the No.1 inclined shaft section. The tunnel is located in the complex geological area of the Dabie Mountains. The project relies on intelligent control and optimized construction plans to overcome difficulties, open up transportation channels inside the tunnel, and create conditions for the subsequent construction of ballastless tracks. Editor/Min Jing