[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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• 2026.02.12 16:18
• [Astana Airlines opens Astana Guangzhou direct flight in June]
• Astana Airlines announced that it will open a direct flight from Astana to Guangzhou on June 2, 2026, with flights on Tuesdays and Thursdays and returns on Wednesdays and Fridays. The flight will be operated using the A321LR aircraft and will take approximately 6 hours and 45 minutes. This route is its second route in Guangzhou, which will strengthen the China Kazakhstan air passage, further facilitating economic, trade, cultural and tourism exchanges between the Guangdong Hong Kong Macao Greater Bay Area and Central Asia, and improving the South China Central Asia air corridor.Editor/Bian Wenjun

• 2026.02.12 16:18
• [China Haicheng Guangzhou Company signs contract with Saudi refined sugar factory]
• China Haicheng Guangzhou Company has successfully signed a contract for the Saudi Arabia Refinery Project, providing one-stop full process services including technical evaluation, design optimization, and engineering management for the project. After completion, the project will become a modern large-scale benchmark sugar factory in the Middle East, effectively enhancing Saudi Arabia's local sugar processing and supply capabilities, and helping local industries upgrade. This signing is an important achievement for the company to deeply cultivate overseas markets and serve the construction of the "the Belt and Road".Editor/Bian Wenjun