[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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• 2026.09.23 09:32
• [The first cross sea urban railway in China has been put into operation]
• On September 22, 2026, China's first cross sea urban railway, the Ningbo Xiangshan urban railway (Ningxiang Line), was put into operation. The Ningxiang Line starts from Xiaoyangjiang Station in Yinzhou District, Ningbo City in the north and ends at Damuwan Station in Xiangshan County in the south, with a total length of 61.45 kilometers and a maximum operating speed of 160 kilometers per hour. After the opening and operation of the line, Xiangshan Peninsula ended its history of not being connected to rail transit.Editor/Gong Ziwei

• 2026.09.23 08:59
• [360 meters, the world's tallest wind measuring tower built in Xinjiang]
• Recently, the 360 meter wind measurement tower of an 800000 kilowatt experimental wind farm was successfully built and put into use in Mulei County, Xinjiang, becoming the tallest wind measurement tower in the global wind power industry, marking a new step for China in high-altitude wind observation and wind power standard technology verification. Editor/Cheng Liting