Riyadh - Muasher: SAL Saudi Logistics Services Company developed a wholly owned subsidiary named SAL Zones to support its future business expansion, fulfil strategic objectives, and diversify its revenues.

The simplified joint stock company will have a paid-up capital of SAR 500,000 and an authorized capital of SAR 1.40 billion, according to a bourse filing.

It is worth highlighting that SAL Zones’ main objective is warehousing and transportation.

As for its profitability, SAL registered net profits valued at SAR 315.33 million in the first half (H1) of 2025.