On July 5, 2026, CATRION Catering Holding Company announced the signing of a 15-year lease agreement with Dammam Airport Company (DACO), dated July 2, 2026, for a premise at King Fahd International Airport in Dammam. The total contract value amounts to SAR 75,724,825.50, plus a variable percentage starting at 3.5% and increasing annually up to 5.5%, to be deducted from total annual revenues generated from the site's activity. The agreement supports CATRION's sustainability plans and aligns with growing passenger and flight traffic, reinforcing the company's role in the aviation services industry in line with Saudi Vision 2030.

Original announcement:

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