24 Hrs
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مباشر
Khaled Zafir and family face early setbacks amid tensions
Khaled Zafer & Brothers Logistics Company recorded losses in the first half of 2026, due to the impact of regional and international geopolitical tensions on trade movements and supply chains. The company's revenues declined by 22.5%, reaching 26.9 million riyals, while the likelihood of operational activities decreased by 28.6%. As a result, a net loss of 4.19 million riyals was recorded for shareholders, compared to a profit of 2.41 million riyals in the same period last year, mainly due to higher shipping and insurance costs and shipment delays.
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