BEIJING, Dec. 1, 2025 /PRNewswire/ — The International Geothermal Standard Committee (“IGSC”) was officially established on November 26 in Beijing, with its permanent Secretariat hosted by China Petroleum and Chemical Corporation (HKG: 0386, “Sinopec”), marking a historic milestone in global geothermal standardization.

Initiated by the International Geothermal Association (IGA), the IGSC brings together 30 leading experts from 15 countries as its inaugural committee members. The committee will lead the development and promotion of unified international geothermal standards, accelerate technology deployment, and ensure the healthy, sustainable growth of the global geothermal industry chain.

“As the world undergoes a profound energy transition, geothermal energy – abundant, stable, clean and low-carbon – is emerging as a strategic cornerstone of the future energy mix. Unified and mutually recognized standards are the foundation for lowering international cooperation barriers, speeding up technology transfer, and securing a resilient global geothermal supply chain,” commented Mr. Niu Shuanwen, Senior Vice President of Sinopec. “Sinopec will spare no effort in supporting the IGSC and translating global consensus into actionable standards that drive real impact.”

During the meeting, members unanimously adopted the IGSC Standard Development Procedures and the 2025–2027 Work Program. Going forward, the committee will systematically advance a comprehensive geothermal standard system covering the full industry chain, including resource exploration and evaluation, reservoir engineering, drilling and completion, district heating, power generation, and shallow geothermal systems, with a focus on processes, methods, equipment, and materials.

“With geothermal energy playing an increasingly vital role in the global energy landscape, the industry is experiencing unprecedented growth momentum. The establishment of the IGSC transforms a long-standing industry consensus into urgent action,” remarked Mr. Bjarni Pálsson, President of the International Geothermal Association. “By pooling worldwide expertise in an open and inclusive manner, we will deliver authoritative international standards and guidelines, laying a solid foundation for large-scale, efficient geothermal development and contributing meaningfully to global climate goals.”

Sinopec, China’s largest developer and operator of mid- and deep-geothermal energy, currently provides geothermal heating for 126 million square meters of building area, replacing the equivalent of nearly 6.2 million tons of CO₂ emissions annually. Sinopec has drafted over 50% of China’s national geothermal standards and led the country’s first IGA international standard. Its landmark “smoke-free city” geothermal heating project in Xiongxian County, Hebei Province, has been included in the global promotion catalogue of the International Renewable Energy Agency (IRENA).

TAIPEI, Dec. 1, 2025 /PRNewswire/ — Abu Dhabi’s government-backed developer Modon announced its official entry into the Taiwan market today at a press conference held at eslite hotel Taipei, unveiling the flagship residential project Muheira II, located in the core area of the Abu Dhabi Global Market (ADGM) financial district. This marks Modon’s first expansion into the Asia-Pacific region, signaling the arrival of Middle Eastern real estate capital in Taiwan and offering local investors a high-growth opportunity backed by a government-owned developer. (Source: TheHubNews)

The event featured presentations by Mr. Mohammed Abdelrazik, Chief Commercial Officer of Modon, and Mr. Kelvin Wu, Chief Executive Officer of Knightsbridge Partners, drawing strong interest from financial and real estate media.

In recent years, Abu Dhabi has accelerated its economic diversification, with non-oil industries now contributing 77% of GDP. Combined with large-scale government investments and the influx of global AI and fintech companies, ADGM has become the fastest-growing international financial center in the Middle East. The continuous inflow of international professionals has pushed residential demand to approximately 6% annual growth, while supply increases only 2.6%, creating long-term structural undersupply and supporting stable price and rental growth.

Beyond its economic rise, Abu Dhabi is widely recognized for its high standard of living, cultural vibrancy, and exceptional safety. According to Numbeo’s Global Safety Index, Abu Dhabi has ranked the safest city in the world for eight consecutive years, known for its secure environment and stable social conditions. The city also boasts world-class cultural venues such as the Louvre Abu Dhabi, advanced medical and educational systems, efficient transportation, and expansive waterfront recreation areas—making it one of the most desirable international cities for expatriates.

Modon is one of Abu Dhabi’s key government-related developers supported by state investment entities, responsible for major urban planning and large-scale development projects across the emirate, including Al Reem Island and Hudayriyat Island. Many of Modon’s residential communities have sold out upon launch, underscoring the strong confidence the market places in the developer.

Muheira II—introduced in Taiwan today—is located at the heart of ADGM on Al Reem Island, adjacent to international banks, AI tech firms, and multinational headquarters. The district is also planned as a future high-speed rail hub. Property prices in the area have climbed over 38% this year, reflecting strong appreciation potential. To attract overseas investors, Modon has reserved units at accessible entry prices, beginning at approx. NT$550,000–600,000 per ping, making it one of the most compelling growth-driven investment options in the region.

Abu Dhabi’s residential market continues to strengthen, with apartment prices rising 14% annually and villas up 11%. A USD-pegged stable currency, 8–14% rental yields, liberalized foreign ownership policies, and the UAE’s golden visa program further position Abu Dhabi as one of the world’s top emerging real estate markets for 2025. Unlike Dubai—where developers commonly require 40% payment before assignment—government-backed projects in Abu Dhabi allow assignment after only 20% payment, offering greater flexibility for overseas investors.

To support Taiwanese investors entering the market, Modon provides a comprehensive one-stop international service covering investment consultation, legal assistance, handover, and property management—all designed to enhance transparency, security, and efficiency in cross-border real estate investment. Modon views Taiwan as a sophisticated market with strong global awareness and emphasizes that this debut represents an important step toward long-term investment cooperation between Taiwan and Abu Dhabi.

The December 6 and 7 investor briefings in Taichung and Taipei will be hosted by Metaverse Digital, serving as one of the local organizing partners responsible for event execution and on-site consultation. Metaverse Digital will assist Taiwanese investors in obtaining project information and connecting with the international resources offered by Modon and Knightsbridge Partners.

To help Taiwanese investors gain deeper insight into Abu Dhabi’s urban development and the investment potential of Muheira II, Modon and Knightsbridge Partners will hold investor briefing sessions on December 6 at The Lin Hotel in Taichung and December 7 at Regent Taipei, offering detailed presentations and one-on-one consultations. Participation is by reservation only.

Article Source：https://www.thehubnews.net/archives/573347

SHENZHEN, China, Dec. 1, 2025 /PRNewswire/ — This Christmas, Four Seasons Hotel Shenzhen invites guests to embrace the holiday magic with festive flavours, generous stay offers, seasonal spa rituals, and more. Set in the city’s vibrant Futian district, the Hotel offers a luxurious stage for celebration, merging elegance, creativity and warmth to unveil the season’s joyful spirit.

The Sparkle & Splendour Afternoon Tea, curated in collaboration with Hamleys, unfolds a world of wonder at Yi Lounge. Guests can immerse in holiday joy and nostalgia with an ensemble of Christmas-themed delights with an array of artfully crafted pastries and savories, along with a Hamleys bear as a take-home gift. Available from December 1 to 31, this exclusive afternoon tea set is priced at CNY 598*.

Festive merriment extends across the Hotel’s restaurants. FOO welcomes families and friends for a dazzling buffet featuring everything from holiday specialities to seafood delicacies, available on Christmas Eve (CNY 988* per person) and Christmas Day (CNY 638* per person for lunch, CNY 788* per person for dinner). At Matsuyi, refined Japanese artistry takes centre stage as chefs transform prized ingredients into a Christmas kaiseki feast, available for dinner from December 24 to 25, at CNY 999* per person. Zhuo Yue Xuan rejoices with Cantonese flair, presenting its signature Whole Roast Goose masterfully glazed with a black truffle sauce – priced at CNY 1,088* and available from December 23 to 25.

Four Seasons Hotel Shenzhen launches a selection of takeaway items, designed to elevate yuletide gatherings and gifting traditions. For an effortless celebration, look no further than the Roasted Turkey, complete with all the trimmings and priced at CNY 1,388. Guests can also surprise loved ones with Four Seasons’ signature hampers (CNY 888-1,988), brimming with seasonal treats, or festive chocolates and handcrafted cookies – accompanied by a delightful Hamleys bear. Discover more festive delights at the Festive Counter on the 6th floor.

A superb Christmas escape awaits at Four Seasons Hotel Shenzhen, where thoughtful benefits make the holidays even more memorable. The exclusive offer allows guests to savour a complimentary third night for every two consecutive paid nights: more time to indulge in the very best of this vibrant modern metropolis. Set in Shenzhen’s dynamic Futian Central Business District, the hotel is a sophisticated sanctuary just moments from the city’s top art, culture, luxury shopping and attractions.

Joining the celebration, Yue Spa enhances its massage experience with a signature Christmas essential oil blend, crafted for seasonal rejuvenation. Uplifting notes of sweet orange meet the grounding properties of frankincense and myrrh – all brought together with the comfort and warmth of cinnamon. A 60-minute Body Massage with the Christmas essential oil blend is available at CNY 1,380* per person.

This Christmas, Four Seasons Hotel Shenzhen joins hands with Tong Xi to share the spirit of giving. Part of the Hotel’s dining proceeds will go towards supporting the Shenzhen Xin Xin Yuan Charity Foundation and its Rural Women’s Football program – empowering 60 girls from rural China to chase their dreams on the field and beyond.

For more information or reservations, please contact res.shenzhen@fourseasons.com. All prices mentioned above (excluding takeaway items) are subject to 15% service charge and applicable taxes.

About Four Seasons Hotel Shenzhen

The Four Seasons Hotel Shenzhen is ideally located in the heart of the commercial district of Futian, across the Shenzhen Conference & Exhibition Center and a short walk from the Civic Center which houses the city’s Municipal Hall and Museum as well as near the famed Shenzhen Concert Hall and Library. The Hotel is surrounded by 3 modern shopping malls and is a few steps away from the subway metro station and 10-minute drive to two Hong Kong borders of Huanggang and Futian. Built along contemporary lines, the Hotel features 266 rooms inclusive of 32 suites, a Club Lounge, Business Centre, four food and beverage outlets, and a grand ballroom with five other function venues plus unique outdoor multilevel terraces.