FINANCIAL NEWS

Saudi Royal Commission signs Jubail, Yanbu USD79.98 m contracts

05 Nov 2013

(MENAFN) Royal Commission for Jubail and Yanbu has signed two contracts worth USD79.98 million to improve Mardooma Quarter’s infrastructure and other services in energy and telecommunication, according to Arab News.

The agreements were signed by Prince Saud bin Abdullah bin Thunayan Al-Saud, chairman of the Royal Commission for Jubail and Yanbu in his office in Jubail Industrial City.

Al Harbi Trading and Contracting Co., who won the first contract, will develop 500 hectares in Mardooma Quarter.

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