SAL Partners with Singapore Airlines for Ground Handling Services

SAL

4263.SA

0.00

SAL Saudi Logistics Services Co. announced on June 28, 2026 the signing of a strategic agreement with Singapore Airlines on June 25, 2026. Under this yearly renewable agreement, SAL's Ground Handling Division will provide comprehensive integrated solutions including cargo ground handling, aircraft loading and offloading, and ramp operations for Singapore Airlines at King Khalid International Airport in Riyadh. The contract operates on a demand-based payment structure with no fixed value, and is expected to have a positive impact on the company's financial results throughout the agreement duration.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96410&anCat=1&cs=4263&locale=ar

Note: The original announcement does not explicitly specify a currency unit. Figures above are reproduced as-is. Please refer to the original announcement for details.

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.

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