‎SAL CEO says Riyadh Logistics Zone not to affect dividend policy

‎SAL CEO says Riyadh Logistics Zone not to affect dividend policy ‎SAL CEO says Riyadh Logistics Zone not to affect dividend policy

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Omar Hariri, CEO of SAL Saudi Logistics Services Co., said that all financing options for the new logistics zone project in Riyadh are on the table, including commercial banks and funds. Details will be announced at the appropriate time after reviewing all proposals.

In an interview with Al Arabiya TV, Hariri explained that the company has strong untapped capacity in debt markets. Itwill secure the necessary facilities for the project without any change in its dividend policy.

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The project aims to attract global companies in logistics, e-commerce, retail, and manufacturing, and the strategic location of the zone will play a key role in achieving this goal.

 

Omar Hariri, CEO of SAL Saudi Logistics Services Co., said that all financing options for the new logistics zone project in Riyadh are on the table, including commercial banks and funds. Details will be announced at the appropriate time after reviewing all proposals.

In an interview with Al Arabiya TV, Hariri explained that the company has strong untapped capacity in debt markets. Itwill secure the necessary facilities for the project without any change in its dividend policy.

The project aims to attract global companies in logistics, e-commerce, retail, and manufacturing, and the strategic location of the zone will play a key role in achieving this goal.

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