[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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• 2026.07.08 11:08
• [Wisdom Blueprint Starts 36.75B Yuan Computing Center in Qingyang Gansu]
• On July 6, 2026, the first phase of the Wisdom Blueprint Western Intelligent Computing Center, with a total investment of 3.675 billion yuan, began construction in the Qingyang East Digital West Computing Park. The project focuses on zero carbon green power construction, with five industry-leading advantages. Multiple industry contracts have been completed simultaneously on site, and after completion, green computing power will be output to help the local area build a green computing power industry highland.Editor/Min Jing

• 2026.07.08 11:04
• [CR15G Wins 540M Yuan Stone Mining Project in Baiyin Gansu]
• CR15G has won the tuff stone mining project in Jingyuan County, Baiyin, Gansu Province, with a contract amount of 540 million yuan and a construction period of 1095 days. The project covers earthwork stripping, ore mining and transportation, etc. It aims to develop local minerals in a green manner, supplement the production capacity of building materials, ensure the supply of regional infrastructure building materials, and promote the development of local mining economy. Editor/Min Jing