Sumou Real Estate company signed a contract with Jubail & Yanbu Industrial Cities Services Company JABEEN to develop primary and secondary infrastructure works in addition to design and construct 1104 residential units with all it's required services in Yanbu industrial city with a total project value estimated at SAR 1.3 Billion. Signing a contract with Jubail & Yanbu Industrial Cities Services Company JABEEN to develop primary and secondary infrastructure works in addition to design and construct 1104 residential units in Yanbu industrial city, in accordance with contracts for purchasing residential units to be signed between Jubail & Yanbu Industrial Cities Services Company JABEEN and industrial companies through the housing ownership program of those companies, with a total project value estimated at SAR 1,300,000,000 (1 Billion, Three hundred million saudi Riyals). The contract is effective from the date of signing, and the development and implementation period is 36 months, starting from the date of signing the purchase contracts with industrial companies.