[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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• 2026.04.10 10:27
• [Kazakhstan's oil and gas facilities operate smoothly]
• The Ministry of Energy of Kazakhstan stated that international oil and gas cooperation facilities within the country are operating normally, and all parties are working together to assess the situation and ensure the continuous, stable, and smooth operation of pipeline transportation.Editor/Gao Xue

• 2026.04.10 10:24
• [Shandong Road and Bridge won the bid for Kenya Road]
• Shandong Road and Bridge International has won the bid for two road upgrade projects in Nakuru County, Kenya, with a bid amount of approximately 220 million yuan. The total length of the route is about 72 kilometers, and after completion, it will improve local traffic conditions and road network layout.Editor/Gao Xue