Saudi authorities have signed five agreements worth SR43 billion ($11.4 billion) for key industrial projects in the Saudi cities of Jubail and Yanbu. These include a smelting and rolling aluminum plant, a metals complex and a ready-mix concrete factory.
Saudi authorities have signed five agreements worth SR43 billion ($11.4 billion) for key industrial projects in the cities of Ras Al Khair and Yanbu. These include a smelting and rolling aluminium plant, a metals complex and a ready-mix concrete factory.
RIYADH: Saudi Arabia’s Royal Commission for Jubail and Yanbu has signed SR7.5 billion ($1.9 billion) worth of investment agreements with the chemical company INEOS Europe to build two factories in Jubail Industrial city. With a value of SR3.75 billion, the first agreement will establish a factory for the production of alpha-olefin and hydrocarbon derivatives, with a total area