- Riyad Bank
- Eastern Ring Road - Al Shuhada District
- P.O. Box 22622
- Riyadh 11614
- Kingdom of Saudi Arabia
- Tel.: +966 (11) 401 3030
- Fax: +966 (11) 403 0016
- Website: www.riyadbank.com
- Email: customercare@riyadbank.com
SAL is a world class cargo handling and logistics player in Saudi Arabia that is catalyzing the Kingdom’s transformation into a more diversified economy connected to global markets through corporate networks and increasing flows of goods.
We create integrated solutions to deliver end-to-end services for businesses across the economy wide supply chain. In doing so, we oversee two strategic business units, cargo handling and logistics solutions, with plans to expand into fulfillment and passenger handling services.
We serve more than 160 customers, including major cargo airlines, and public & private entities. SAL’s cargo handling client base is made up of mainly blue-chip cargo airlines, including Saudia Cargo Company (“SACC”) with whom we have a close relationship through our shared parent, SAUDIA group. Our logistics solutions business services major clients through a global network covering EMEA, Asia, the US, South America, and South Africa.
SAL’s success is built on the collective skillset of our entire team of more than 930 employees, of which 97% are Saudi nationals. SAL’s management team brings with it a wealth of experience in the industry and our Board of Directors has substantial industry experience in logistics, real estate, energy, aviation, finance, and transportation.
Our culture is united by excellence, integrity, customer-centricity, and a transformational mindset. With a rich history spanning seven decades and dating back to the formation of Saudia, the Kingdom’s flag carrier, SAL was carved out from SACC as an independent company in 2019. Today, SAL derives its value from the ways in which it orchestrates the secure, reliable, and efficient movement of goods between Saudi Arabia and the world. As such, every day SAL aims to deliver impact by living up to its vision of being the logistics champion for a globally connected Saudi Arabia.
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The company operates 18 stations across Saudi Arabia, handling 95% of air cargo inbound, outbound and transit.
Over 160 governmental and private sector customers of diverse industries.
Cargo handling and logistics solutions, with plans to expand in fulfillment services and passenger handling soon.
With 930+ employees, the company is proud to have reached 97% Saudization with continuous investments in human capital.
If you are interested in investing in SAL Company, kindly follow these steps:
Ensure you have an active current account with one of the receiving banks.
Visit sal.sa/IPO to get all the information required about SAL and the offering.
Make an investment decision after reviewing the prospectus and/or discussing the details with your CMA- licensed financial advisor.
This can be done via the website, app, telephone, or ATM channels of the receiving banks.
Once the shares have been allocated, you may or may not receive the full allocation of your order. Any excess funds will be refunded to you.
SAL shares list on the Saudi Exchange which you can now buy and sell at will.
IPO webpage: https://sal.sa/en/ipo
If you have any questions related to investing in the Company, the initial public offering or investor relations inquiries; Please contact us at the designated e-mail address: