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SAL Saudi Logistics Services Co. Announces the Signing of an Agreement with Saudia Technic Co.
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SAL
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1447/08/16 04/02/2026 15:39:51
| Element List | Explanation |
|---|---|
| Introduction | SAL Saudi Logistics Services (“SAL” or “the Company”) under the SAL Ground Handling Division is pleased to announce the signing of an agreement with Saudia Technic Co. for the lease of warehouse and spaces and the provision of integrated ground handling and storage services at the SAL’s air cargo terminal at King Abdulaziz International Airport in Jeddah. |
| Date of Announcement of the Award | 2026-02-04 Corresponding to 1447-08-16 |
| Contract Subject Matter | An agreement for the lease of warehouse and spaces and the provision of integrated ground handling and storage services at the SAL’s air cargo terminal at King Abdulaziz International Airport in Jeddah. |
| The Entity with Which the Contract was Signed | Saudia Technic Co. |
| Date of Signing the Contract | 2026-02-04 Corresponding to 1447-08-16 |
| Contract Value | There is no set value; services are paid for on demand and in accordance with the prices specified in the Agreement. |
| Contract Details | An agreement for the lease of warehouse and spaces and the provision of integrated ground handling and storage services at the SAL’s air cargo terminal at King Abdulaziz International Airport in Jeddah. |
| Contract Duration | 5 years |
| Financial Impact and the Relevant Period | The agreement is expected to have a positive impact on the Company's financial results over the duration of the agreement. |
| Related Parties | Saudia Technic Co. is a subsidiary of the Saudi Arabian Airlines Corporation which owns 49% of the capital of SAL Company, for which the following members of the Board of Directors have an indirect interest: • Ahmed Abdulaziz Alwassiah • Ibraheem Adel Sheerah • Fahad Abdullah Moussa |
| Additional Information | For any further inquiries, please contact the Investor Relations Department at the email: Investor.Relations@sal.sa |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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