Riyadh, 26 Shawwal,1437 AH, 31 July,2016 , SPA -- Prince Saud bin Abdullah bin Thunayan, Chairman of Royal Commission for Jubail and Yanbu, patronized today in Riyadh the signing ceremony of (24) contracts with (16) investors under which the Commission allocates lands in the industrial cities of Jubail and Ras Al-Khair, for investors to establish business investment projects including commercial centers, hotels, residential buildings, medical clinics, gas stations and leisure services with a total value of more than SR 1,262 million. According to the Chairman of Royal Commission for Jubail and Yanbu, all the planned projects are in line and consistent with the Kingdom's Vision 2030 and the National Transformation Program 2020 to provide an opportunity for the private sector to contribute to the promotion of development and the strengthening of vital sectors such as services and entertainment. -- SPA 15:17 LOCAL TIME 12:17 GMT www.spa.gov.sa/w