[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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• 2026.08.20 09:34
• [Saudi Arabia signs contract for Syria 760000 kW solar project]
• Saudi Arabia's Hafei Company has signed a 760MW photovoltaic plus 1077MWh energy storage purchase agreement with Syrian Electricity Company, with a term of 20 to 25 years and a starting price of 3 cents per kilowatt hour. It has also signed technical cooperation agreements with Saudi Electricity Company and Siemens Energy.Editor/Gao Xue

• 2026.08.20 09:32
• [Ambassador Zeng Jixin pays a visit to the General Secretary of Abu Dhabi Press Club]
• On August 18, 2026, Ambassador to the United Arab Emirates Zeng Jixin paid a visit to the Director General of the Abu Dhabi Press Club, Faisal. The two sides exchanged views on deepening media cooperation between the two countries and promoting comprehensive and objective understanding of China Arab relations among all sectors.Editor/Gao Xue