Riyadh — Mubasher: SAL Saudi Logistics Services Company inked a strategic agreement with the Saudi Post (SPL) to provide ground handling services for postal and commercial shipments across the Kingdom.
The contract, signed on 11 October 2026, has a duration of 36 months.
Under the terms of the agreement, SAL will oversee the full scope of postal handling operations.
This includes receiving shipments, preparing dedicated mail loading units, and ensuring the safety of goods during storage and transport.
The company will also manage the transfer of shipments between warehouses, postal facilities, and aircraft to improve the efficiency of express mail services.
The final value of the contract will be determined based on service demand and the pricing structure established in the agreement.
SAL expects the financial impact of this partnership to be positive, with results beginning to reflect in its financial statements starting from the fourth quarter (Q4) of 2026.
There are no related parties involved in the transaction.
The listed group penned two memoranda of understanding (MoUs) with CIMC’s MENA Regional Headquarters to boost partnership in logistics solutions and infrastructure.
