[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

Click to see more live >>

• 2026.07.16 10:35
• [Jiulongchuan Coal Mine Plan Passes Review in Gansu Ning County]
• The construction organization design of Jiulongchuan Coal Mine in Ning County, with a total investment of 18.635 billion yuan, passed the review on July 11th. The mine has an annual output of 8 million tons and adopts kilometer freezing construction. The implementation of the plan will provide technical support for the comprehensive construction of the mine and assist in the construction of the Longdong Energy Base. Editor/Min Jing

• 2026.07.16 10:33
• [CSCEC Secures Over 1.63 Billion Yuan in Anhui Infrastructure Contracts]
• CSCEC has won two projects in Anhui, with a total bid amount exceeding 1.63 billion yuan, to build the Bengbu Meimei Rural Smart Agriculture Project and the Hefei Science and Technology Innovation Park Urban Renewal Project, simultaneously improving urban and rural supporting facilities, and promoting local rural revitalization and the development of science and technology innovation industries. Editor/Min Jing