Complex Made Simple

Saudi Arabia invested SR900bn in 600 Jubail and Yanbu projects

Saudi Arabia's Royal Commission for Jubail and Yanbu (RCJY) has said it has invested more than SR900bn into the industrial cities of Jubail and Yanbu, Arab News has reported. The investments were directed to set up more than 600 plants to produce some 92 basic products, said RCJY chairman, Prince Saud bin Abdullah bin Thunayan. The volume of RCJY exports from the two industrial cities form 85% of the country's total nonoil exports, he noted.