[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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• 2026.09.09 10:09
• [Guangxi Free Trade International Cooperation Promotion]
• Conference will debut at the East China International Fair On September 18, 2026, during the 23rd East China International Fair, the International Cooperation Promotion Conference of Guangxi Pilot Free Trade Zone will be held in Nanning, with the theme of jointly building an international collaborative development ecosystem of free trade zones. The first mechanism cooperation between Guangxi Pilot Free Trade Zone and ASEAN Free Trade Zones will be promoted on-site, and institutional achievements and industrial guidelines will be released.Editor/Gao Xue

• 2026.09.09 10:07
• [Tianhe Solar Signs UK Energy Storage Optimization Cooperation with EDF]
• Trina Solar ISBU and French EDF have signed two long-term energy storage optimization agreements, covering a total of 179.8MWh of two grid level energy storage plants in the UK. Tianhe holds ownership of the assets, while EDF relies on a digital platform to undertake scheduling transactions and asset optimization. The projects will be put into operation in October 2026 and March 2027, respectively.Editor/Gao Xue