Sadr Logistics, Starlinks ink SAR 249 mn logistics deal

Sadr Logistics Company has signed a 10-year logistics services contract with Starlinks Company worth SAR 249.33 mn for the SADR Park project. Signed on 20 August, The agreement covers the provision of logistics and warehousing services commencing in September 2025, according to a bourse disclosure. As part of the deal — SADR will lease its SADR Park project which includes warehouses and cold storage facilities to Starlinks enabling them to manage operations and store client goods. Sadr Logistics stated that the financial impact of the contract will be reflected starting from the third quarter (Q3) of 2025.