Chinese energy storage manufacturers reported approximately 94GWh in cumulative orders during Q3 2026, with international projects making up 93% of the signed volume. The Middle East accounted for 21.3GWh of contracts, led by major deals in the UAE involving BYD and Sungrow.
Saudi Arabia has extended the closure of King Khalid International Airport in Riyadh until October 17 following weekend missile and drone strikes. Regional flight cancellations reached 46.4 percent on Monday as UAE and international airlines suspended services. Concurrently, attacks on tankers near the Strait of Hormuz and fighting near Bab Al Mandab pushed Brent crude above $106 a barrel.
World leaders and international organisations condemned a Houthi strike targeting Riyadh's King Khalid International Airport on Sunday. The incident prompted official warnings to travellers, including foreign government guidance urging nationals to avoid the facility. Diplomatic officials across Europe, North America, and the Middle East expressed solidarity with Saudi Arabia and demanded an end to attacks on civil aviation infrastructure.
China's Rongsheng Group is advancing a 67.5 billion yuan new materials petrochemical complex on Jintang Island in Zhoushan with strategic capital from Saudi Arabia's SABIC. The project targets high value-added downstream chemical products including performance resins and specialty polyesters. The collaboration establishes an integrated cross-border supply chain combining Gulf energy resources with Chinese engineering and manufacturing.
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