Saudi Airlines Catering signs $48m contract with Ma’aden

  • 10/15/2021
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Deal to positively impact Saudia Catering financial results from Q4, 2021 RIYADH: Saudi Airlines Catering Company embarked on a contract with the Saudi Arabian Mining Company (Ma’aden) on Thursday, with a total estimated value of about SR180 million ($47.9 million), according to a bourse filing. The three-year contract will see Saudi Airlines Catering provide a variety of catering services to Ma’aden and its subsidiaries within the Kingdom, the company said in a statement on the Saudi Stock Exchange (Tadawul). Saudi Airlines Catering expects the contract to positively affect its financial results as of the fourth quarter of 2021.

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