Latest news with #SaudiLogisticsServices
Argaam
22-07-2025
- Business
- Argaam
SAL signs addendum with SGS for ramp, cargo aircraft handling
SAL Saudi Logistics Services signed an addendum yesterday, July 21, to its contract with Saudi Ground Services Co. (SGS) to provide ramp handling services for cargo aircraft, including cargo aircraft cleaning and water services for SAL. In a statement on Tadawul, SAL clarified that the contract has a duration of three years, starting on Jan. 1, 2025, and ending on Dec. 31, 2027.
CairoScene
22-03-2025
- Business
- CairoScene
USD 1.06B Logistics Hub to Be Built in Riyadh's Falcon City
The new logistics zone follows a deal between Saudi Logistics Services (SAL) and Sela Co. A new logistics zone worth SAR 4 billion (USD 1.06 billion) is set to be developed within Falcon City in northern Riyadh, following a deal between Saudi Logistics Services (SAL) and Sela Co. The project aims to reinforce Saudi Arabia's position as a global logistics hub by introducing advanced supply chain infrastructure, Class A warehouses, and multimodal transport links. Spanning 1.5 million square metres, the logistics zone will be strategically located near King Khalid International Airport, major highways, and railway networks, ensuring efficient movement of goods both locally and regionally. The project is backed by the Private Sector Partnership Program (Shareek) and aligns with Saudi Arabia's Vision 2030 goal of investing over SAR 1 trillion into the logistics sector. Falcon City itself covers 14.4 million square metres, designed to attract global companies with key developments such as the Riyadh Exhibition and Convention Center, an aviation runway, and an aircraft maintenance hub. Additionally, the site will feature economic, commercial, residential, hospitality, and entertainment districts, along with a dedicated outlet mall.
