SAL Secures SAR 2.5bn Financing for Logistics Zone

27 Aug 2026 · Jeddah

StatusConfirmed by SAL's disclosure on Tadawul.

SAL Saudi Logistics Services Company announced that its subsidiary, SAL Zones Company, has secured a SAR 2.5 billion Shariah-compliant credit facility from Saudi Awwal Bank (SAB). This financing is intended to support the development of the SAL Logistics Zone in Saudi Arabia. The facility, obtained on August 24, 2026, is structured with a 15-year term and is backed by a corporate guarantee from SAL, along with promissory notes. According to SAL’s disclosure on Tadawul, the financing will cover both capital and operating expenditures related to the logistics zone project. This move aligns with SAL's ongoing efforts to expand its logistics infrastructure, supporting Saudi Arabia's strategic goal to enhance its status as a regional logistics hub.

Why this mattersThis financing agreement is significant for logistics and development practices in Saudi Arabia, including Madinah, as it underscores the Kingdom's commitment to becoming a regional logistics hub. The development of the SAL Logistics Zone may create new opportunities for construction and development firms in the region, potentially increasing demand for architectural and engineering services.

Key figuresSAR 2.5 billion · 15-year facility · August 24, 2026

Source: Sharikatmubasher

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