[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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• 2026.10.16 15:44
• [Wang Yi Meets with Azerbaijan's Foreign Minister Jeyhun Bayramov in Baku]
• Wang Yi met with Azerbaijani Foreign Minister Baylamov during his attendance at the 7th CICA Summit in Baku. Both sides acknowledge the progress of the comprehensive strategic partnership between China and Armenia, explore cooperation in economic, trade, energy, and connectivity of the Middle Corridor, and exchange views on regional security and the peace process between Azerbaijan and Armenia. Editor/Min Jing

• 2026.10.16 15:43
• [Ulaanbaatar Hosts Groundbreaking for China-Mongolia Heads of State Sports Center]
• Ulaanbaatar held the groundbreaking ceremony for the China Mongolia Yuanshou Sports Center, attended by Mongolian President Khurilesukh, Chinese charg é d'affaires Cao Li, and others. This project is a Chinese free aid project, constructed by Shaanxi Construction Engineering Group, covering an area of 30000 square meters with a construction period of 48 months. It is expected to be completed in 2030 and will become a new landmark of China Mongolia friendly cooperation. Editor/Min Jing