[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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• 2026.10.30 11:37
• [European natural gas benchmark price breaks 100 euros for the first time in nearly 4 years]
• European natural gas prices continued to rise on October 28th, with the Dutch Transfer of Ownership (TTF) natural gas November futures price, which serves as the benchmark price for European natural gas, breaking through 100 euros per megawatt hour during intraday trading, marking the first time since December 2022. Editor/Cheng Liting

• 2026.10.30 11:37
• [China issues 326 million green power certificates]
• On October 29, 2026, the latest data released by the National Energy Administration showed that in September, 326 million green certificates were issued, a decrease of 8.01% compared to the previous month, involving 4.3971 million renewable energy power generation projects. Editor/Cheng Liting