Thursday, Oct 04, 2012

BEIRUT (Zawya Dow Jones)--Saudi Arabia's Royal Commission for Jubail and Yanbu, or RCJY, has signed three contracts for a combined value of 160 million Saudi riyals ($42.66 million) for infrastructure projects in the Jubail and Yanbu industrial cities, Saudi-based Al Riyadh daily reports Thursday.

The deals, signed with three Saudi companies, involve the construction of roads and setting up power, telecom, water, and sewage networks in addition to developing a local TV cable system, the paper reports.

Newspaper website: http://www.alriyadh.com/2012/10/04/article773624.html

Write to Beirut Bureau at djnews.dubai@dowjones.com

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04-10-12 0749GMT