China Offshore Oil Engineering Co., Ltd. (COOEC) has received an award notification from QatarEnergy for the MM EPIC2 project. The scope encompasses over 100 kilometers of subsea pipelines, cables, and umbilical lines for the Maydan Mahzam offshore redevelopment. The contract lifts COOEC's cumulative Middle East order intake past 50 billion yuan over three years.
Abu Dhabi has advanced its multi-billion-dollar 'Zero Hormuz' initiative by expanding container terminals and oil storage at the Port of Fujairah. Managed by sovereign investment platform L'imad Holding, the project aims to secure direct energy and cargo corridors to China bypassing the Strait of Hormuz. The initiative coincides with discussions regarding the privatization of AD Ports Group at a valuation near $9 billion.
Abu Dhabi will host the AI Everything exhibition and summit on October 6 and 7, 2026, at ADNEC, convening over 400 companies and 180 speakers. The event highlights the transition of artificial intelligence from pilot experiments into operational deployment across public administration, healthcare, and enterprise sectors.
Official data released by China's Ministry of Industry and Information Technology shows steady growth in the telecommunications sector during the first eight months of the year. The total number of 5G base stations reached 5.195 million by the end of August, while 5G mobile phone subscribers climbed to 1.311 billion. Mobile internet traffic rose 17.3 percent year-on-year to 297.1 billion gigabytes.
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