Global solar power reached record levels in 2025, meeting 75 per cent of new electricity demand and driving the first-ever decline in fossil fuel-based power generation. Led by China and India, solar capacity additions surged 33 per cent, accelerating the global clean energy transition.
Saudi Arabia has signed a series of housing, construction and technology agreements worth SAR1.9 billion ($507 million) with Chinese partners, including China State Construction Engineering, as the kingdom deepens cooperation with China in support of its Vision 2030 transformation programme.
Saudi Arabia has awarded new housing projects in Riyadh and Dammam worth more than SAR1.9 billion ($506 million) to Chinese firms, as part of efforts to strengthen the Saudi-Chinese partnership in the housing and construction sectors.
Construction has started in China on a 271,000-cubic-metre LNG carrier, highlighting advances in high-end shipbuilding and energy transport. The QC-Max vessel, built by Hudong-Zhonghua Shipbuilding, a China State Shipbuilding Corporation subsidiary, is due for delivery in 2028.
Leading Saudi Arabian groups have signed six agreements with Chinese entities covering investment co-operation, construction technology, knowledge transfer, workforce development and public-private partnerships at a key industry event in Shenzhen, China.
Ras Al Khaimah has wrapped up a four-day investment roadshow in China, pitching the northern emirate as a gateway to the Middle East, Africa and Europe (EMEA) region and seeking to attract Chinese companies across key sectors including manufacturing, logistics and technology.
A high-level delegation of government and business leaders from Ras Al Khaimah have highlighted the emirate’s opportunities for green tech and manufacturing during a high level tour of China’s Guangdong and Fujian Provinces.
The Abu Dhabi Chamber of Commerce and Industry is leading a private sector delegation from the Emirate of Abu Dhabi to Shanghai, China, aiming to expand the global presence of Abu Dhabi-based businesses and strengthening their connections with China.
Chapman Freeborn, part of Avia Solutions Group, completed a time-critical charter moving 90 tonnes of oilfield equipment from China to Saudi Arabia, including pumps and oversized parts up to 8 metres, using a Boeing 747 freighter.
China's factory activity stalled in May, signalling continued pressure on the sector from weak domestic demand and rising production costs, an official survey showed on Sunday.
