分类： business

Shaoguan, a city in Guangdong province, has launched an innovative online sales platform aimed at promoting and sustaining the growth of its local agricultural products. The platform was officially introduced during a two-day agricultural product showcase and promotional event held at the foot of Danxia Mountain, a UNESCO World Heritage Site renowned for its striking reddish rock formations. This initiative is part of the city’s broader strategy to enhance the visibility and market reach of its agricultural offerings, leveraging digital tools to connect farmers with a wider consumer base. The event, which took place on Friday and Saturday, featured a variety of local produce, highlighting the region’s rich agricultural heritage. Local authorities emphasized that the platform is designed to support farmers by providing them with a reliable and efficient channel to sell their products, thereby boosting the local economy. The launch of this platform underscores Shaoguan’s commitment to integrating technology with traditional industries, ensuring sustainable development in the agricultural sector.

DP World, in collaboration with British International Investment (BII), has officially opened the Sokhna Logistics Park in Egypt, marking a significant milestone in the region’s logistics and trade infrastructure. The $85 million project, situated in the Suez Canal Economic Zone (SCZONE), is being developed in two phases. Phase one is now operational, while phase two is set to commence in the third quarter of 2026, expanding the park’s total area to nearly 300,000 square metres. The park is expected to create over 150 jobs in its initial phase, with employment opportunities projected to exceed 300 upon full completion. Strategically located near Sokhna Port, Suez, and the New Administrative Capital, the park benefits from tax and customs exemptions, streamlined trade procedures, and robust connectivity. Already, 90 customers have expressed interest, with several contracts finalized. The park offers integrated logistics solutions, including bonded and non-bonded services, real-time visibility, on-site customs inspections, and a dedicated customer portal. It caters to key industries such as raw materials, packaging, agriculture, electronics, construction, textiles, automotive components, and electric vehicles. Sultan Ahmed Bin Sulayem, Chairman and Group CEO of DP World, emphasized the company’s commitment to building a sustainable logistics ecosystem in Egypt, fostering seamless trade flows, job creation, and economic growth. Additionally, DP World has commenced construction of a $29 million cold storage facility in 6th of October City, enhancing Egypt’s cold chain capabilities and addressing rising demand for energy-efficient storage. Since 2008, DP World has invested over $1.3 billion in Egypt, modernizing Sokhna Port and integrating it into global supply chains. The inauguration ceremony was attended by Egypt’s Prime Minister Mostafa Madbouly and UAE Ambassador Hamad Al Zaabi, underscoring the project’s regional significance.

The Fujairah F3 Independent Power Producer (IPP) project has officially commenced full commercial operations as of Monday, October 27, 2025. Situated in the Qidfa area of Fujairah, this 2.4-gigawatt (GW) facility stands as one of the largest and most efficient gas-fired power plants in the United Arab Emirates. The plant is designed to power approximately 380,000 homes, providing reliable electricity while supporting the UAE’s strategic energy transition towards renewable and clean energy sources.

The project is a collaborative effort involving Emirates Water and Electricity Company (EWEC), Abu Dhabi National Energy Company PJSC (TAQA), Marubeni Corporation, Mubadala Investment Company, and Hokuriku Electric Power Company. It features state-of-the-art JAC-class gas turbine technology from Mitsubishi Power, integrated into an advanced Combined Cycle Gas Turbine (CCGT) configuration. This technology ensures high thermal efficiency, rapid response capabilities, and a low emissions profile, making Fujairah F3 a cornerstone of the UAE’s cleaner and more sustainable energy production.

Developed under the IPP model, the ownership structure of the project includes TAQA (40%), Marubeni Corporation (20.4%), Mubadala (20%), and Hokuriku Electric Power (19.6%). EWEC serves as the sole procurer of electricity from the project under a long-term Power Purchase Agreement (PPA).

Andreas Collor, Chief Operations Officer of TAQA’s Generation business, emphasized the plant’s role in meeting growing power demand and its flexibility in integrating renewables into the grid. Mohamed Almarzooqi, Chief Asset Development and Management Officer of EWEC, highlighted the plant’s transitional capacity in supporting utility-scale renewable energy integration while ensuring grid reliability during peak demand periods.

Dr. Alyazia Ali Al Kuwaiti, Executive Director of Mubadala’s UAE Investments platform, noted the project’s contribution to national energy security and its alignment with Mubadala’s Net Zero goals. Naoki Ito of Marubeni Corporation and Masayoshi Hayashi of Hokuriku Electric Power Company both underscored the importance of international partnerships and innovative approaches in addressing the region’s evolving energy needs.

Les Graham, Executive Managing Director of Fujairah Power Company F3 LLC, emphasized the plant’s efficiency and flexibility in enabling the growth of renewable energy in the UAE, aligning with the vision of a sustainable grid.

Fujairah F3 is a critical component of EWEC’s long-term strategy to increase the share of renewable and clean energy in the electricity generation mix. Its flexible operations and high-efficiency generation capacity complement the integration of intermittent renewable energy, supporting a modern, decarbonized energy system. This project exemplifies the UAE’s commitment to deploying cutting-edge technologies that reduce emissions, boost efficiency, and support sustainable development.

In a significant milestone for bilateral relations, the first direct commercial flight between India and China in over five years landed in Guangzhou on Monday. The IndiGo flight, originating from Kolkata, marked the official resumption of nonstop air links that had been suspended since 2020 due to the COVID-19 pandemic and subsequent geopolitical tensions. This development comes as the two Asian giants cautiously rebuild their strained relationship, which had been further exacerbated by a deadly border clash in the Himalayas in 2020. Passengers on the flight, many of whom were Indian business professionals, expressed relief and optimism about the renewed connectivity. Rashika Mintri, a 44-year-old interior designer from Kolkata, described the journey as ‘smooth and lovable,’ adding that she would ‘come again and again.’ The resumption of flights is seen as a ‘first step’ in normalizing bilateral exchanges, according to India’s government. The move also comes at a time when India’s ties with the U.S. are faltering, following Washington’s imposition of punitive tariffs and accusations of India fueling Russia’s war in Ukraine. While the two nations remain strategic rivals, recent gestures, such as the exchange of sweets during the Hindu festival of Diwali, suggest a gradual easing of tensions. However, experts caution that managing an increasingly assertive China remains a long-term challenge for India.