Saudi Arabia to invest $10 billion in local infrastructure projects – state TV

(Reuters) – Saudi Arabia will invest 40 billion riyals ($10.6 billion) in developing local infrastructure projects in 11 cities, state TV reported on Saturday citing the Ministry of Municipal and Rural Affairs and Housing.

($1 = 3.7620 riyals)

(Reporting by Nayera Abdallah; Editing by David Clarke)