SAL Saudi Logistics Services
Saudi air cargo ground handling and logistics company, spun out of Saudi Airlines Cargo Company in 2019 and listed on the Saudi Exchange in 2023. It served 19 Saudi airports at the end of 2025.
Industry: Air cargo ground handling and logistics | Location: Jeddah, Saudi Arabia | Founded: 2019
About SAL Saudi Logistics Services
SAL Saudi Logistics Services Co. is a Saudi logistics and supply chain company listed on the Saudi Exchange under the code 4263. Its main business is air cargo ground handling at the Kingdom's airports, with hubs in Riyadh, Jeddah, Dammam and Madinah. It also provides integrated air, land and sea logistics and develops logistics zones. At the end of 2025 it served 19 airports and more than 200 customers and had handled 961,000 tons of cargo, according to its investor relations site. Its headquarters is in Jeddah.
SAL was founded on 16 October 2019, when the ground handling division of Saudi Airlines Cargo Company was separated into its own company. Its website traces its roots back about seven decades to Saudia Cargo. Omar Talal Hariri became chief executive on 1 November 2024; he was president of the Saudi Ports Authority from 2021 to 2024 and had earlier led SAL and Saudia Cargo. Fawaz AlFawaz chairs the board, and Haydar Ucar is chief financial officer.
The company is organised in three units: SAL Handling, SAL Logistics and SAL Logistics Zone. In March 2025 it agreed with Sela to build a logistics zone at Falcon City, north of Riyadh, with a planned investment of SAR 4 billion.
SAL's shares began trading on the Main Market of the Saudi Exchange on 1 November 2023, after an offering of 24 million shares, 30 percent of capital, at SAR 106. In October 2025 it signed a partnership with TAM Group, its first international expansion, and in June 2026 it set up SAL International Ground Handling B.V. in the Netherlands. On 5 March 2026 it signed to buy Aviapartner Liège, a Belgian cargo handler, for about SAR 120 million according to TechScoop, and completed the purchase on 2 August 2026. Recent agreements cover ground handling for Singapore Airlines and SF Airlines, a digital logistics memorandum with Huawei and the CargoGate platform with Elm.
For 2025 SAL reported revenue of SAR 1,708 million, up 5 percent, and net profit of SAR 698 million, up 6 percent. For 2024 revenue was SAR 1,634 million.
Leadership
- Fawaz Mohammed AlFawaz, Chairman
- Mohammad Abdullah Rashed Abunayyan, Vice Chairman (Non-Executive)
- Amer Abu Obeid, Deputy Chief Executive Officer
- Haydar Ucar, Chief Financial Officer
- Mohammed Nahhas, President, SAL Ground Handling