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Khaleed Zafar and Brothers Face Losses Due to Tensions
Khaled Zafir & Brothers Logistics Company was impacted during the first half of 2026 by losses of 4.19 million SAR, compared to a profit of 2.41 million SAR in the same period of 2025. This decline was due to geopolitical tensions that led to a 28.6% reduction in operational activity. Revenues also fell by 22.5%, reaching 26.9 million SAR from 34.72 million SAR, driven by disruptions in trade flows and supply chains, increased shipping and marine insurance costs, and delays in shipment arrivals.
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