[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 >>

• 2026.09.17 16:00
• [Dashixia Water Conservancy Hub Unit Power Generation]
• On September 13, 2026, the first unit of the Xinjiang Dashixia Water Conservancy Hub Project, invested and constructed by China Energy Engineering Gezhouba Group, successfully passed a 72 hour trial operation and was officially put into operation for power generation. As one of the 172 major water conservancy projects designated by the State Council for water-saving and water supply, the Dashixia Water Conservancy Hub Project in Xinjiang broke the world record for concrete faced gravel dams with a maximum dam height of 247 meters. The power station is equipped with three mixed flow water turbine generators with a single capacity of 250000 kilowatts, with a total installed capacity of 750000 kilowatts. Editor/Cheng Liting

• 2026.09.17 16:00
• [The total production of lithium batteries increased by 44% year-on-year]
• According to data released by the Ministry of Industry and Information Technology on September 15, 2026, China's lithium-ion battery industry will continue to grow in the first half of 2026. According to relevant calculations, the total production of lithium batteries in China exceeded 1240GWh in the first half of the year, a year-on-year increase of 44%. Editor/Cheng Liting