SAL Inks Two-Year Logistics Deal With Saudi Motorsport

SAL +0.36%

SAL

4263.SA

166.60

+0.36%

SAL Saudi Logistics Services Co. announced on February 1, 2026, the signing of a two-year agreement with Saudi Motorsport Company (SMC) to provide comprehensive logistics services. The agreement, signed on January 29, 2026, includes land, air, and sea freight, customs clearance, seaport facilitation, and airport operations to support motorsport events across Saudi Arabia. The contract value will be determined based on service demand at specified prices, with SAL expecting a positive financial impact throughout the agreement's duration.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=92893&anCat=1&cs=4263&locale=ar

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