[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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• 2026.04.09 18:38
• [China's high-voltage energy storage project enters comprehensive commissioning in Xinjiang]
• The Anhui Energy Minfeng Grid type Independent Energy Storage Project, the largest single unit cascaded high-voltage energy storage project in China, has recently completed the delivery of core equipment in Hotan, Xinjiang and entered the comprehensive commissioning stage. The project adopts a 35kV 200MW/800MWh cascaded high-voltage energy storage system, independently developed and produced by Guangzhou Zhiguang Energy Storage, with industry-leading technology. This system can effectively support the stability of the power grid, improve inertia and short-circuit capacity, help solve problems such as local power grid peak shaving and new energy consumption, and ensure the safe and stable operation of regional power.Editor/Gong Ziwei

• 2026.04.09 17:31
• [Vietnamese Communist Party President Surin will visit China]
• On April 9, 2026, Hu Zhaoming, spokesperson for the Foreign Liaison Department of the Communist Party of China Central Committee, announced that at the invitation of General Secretary of the Communist Party of China Central Committee and President Xi Jinping, General Secretary of the Communist Party of Vietnam Central Committee and President Sulin will pay a state visit to China from April 14 to 17.Editor/Gong Ziwei