[UAE's Investopia signs partnership with UAE Development Bank]Investopia, an investment platform launched by the UAE government, has announced the signing of a memorandum of understanding with the UAE Development Bank, leading to a new partnership. Through this partnership, the two entities will leverage their respective core capabilities to drive economic growth, diversification and industrial transformation in new economies as a leading financial institution and a global thought leadership and investment platform connecting opportunity and capital. Editor/Xing Wentao
Two major projects in Henan Province have announced their bidding candidates, and the second round of bidding for the 200MW independent energy storage power station in Junxian County has been shortlisted by three consortia. The consortium of China Energy Engineering Xinjiang Institute has quoted nearly 800 million yuan, ranking first; The 6 billion yuan Aotou bauxite mining project in Ruzhou has been awarded multiple sections, with China Railway and China Construction Group, as well as several central and local construction enterprises, winning first place in each section. The mining area has a reserve of 5 to 6 million tons and covers an area of 6.03 square kilometers.Editor/Gong Ziwei
On July 24, 2026, Shanghai Fengfei Aviation's self-developed large electric vertical takeoff and landing aircraft completed its maiden flight in Astana, Kazakhstan, as a supporting event for the 3rd Future Games. The unmanned demonstration flight had a maximum speed and range of 200 kilometers per hour. Kazakhstan has introduced regulations related to low altitude economy to regulate the development of eVTOL industry. The company plans to expand its logistics, rescue, cultural tourism and other applications in Central Asia by using Kazakhstan as its first stop. The aircraft will also be publicly exhibited on July 29-30, 2026.Editor/Gong Ziwei