[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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• 2026.11.05 15:37
• [CR, CRRC Tangshan Launch First Conventional-Speed Inspection Train]
• The first general speed comprehensive inspection train, led by CR and developed by CRRC Tangshan and other units, has been officially put into operation, completing long-distance inspection, innovating the composition layout, achieving multi professional data synchronization and comparison, and providing new equipment support for the maintenance and repair of general speed railway infrastructure. Editor/Min Jing

• 2026.11.05 15:34
• [CHN Energy’s Jicuo Wind-Storage Project in Naqu, Xizang Put into Operation]
• CHN Energy has completed and put into operation the 100 MW wind storage project in Naqujicuo, Xizang, which is the largest similar project in ultra-high altitude areas in China. The construction team overcomes the difficulties of the plateau, innovates multiple technologies, and delivers a large amount of green electricity every year, helping to stabilize the local power grid, ensure people's livelihoods, and promote the development of new energy in the plateau. Editor/Min Jing