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    SAL Saudi Logistics Services announces IPO

    2023-09-25T13:30:15Z

    Saudi Arabian cargo handling and logistics firm SAL Saudi Logistics Services has announced an initial public offering (IPO).SAL Saudi Logistics is 70% owned by Saudi Arabia-headquartered airline Saudia (Saudi Arabian Airlines Corporation) and 30% by Tarabot Air Cargo Services."The offering will consist of 24,000,000 ordinary shares representing 30% of the ...