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"Year" to collaborate with "Subl" on postal shipments for three years
Saudi Logistic Services Company (SAL) signed an agreement with Saudi Post ("SPBEL") to handle ground handling operations and the transportation of postal shipments and commercial shipments within the Kingdom for a period of three years. The agreement includes receiving, storing, and transporting shipments, coordinating their movement between warehouses and postal facilities, and organizing air transport. The financial impact of this agreement is expected to reflect in the company's results starting from the fourth quarter of 2026, with no related parties involved in the transaction.
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