Riyadh – Mubasher: The Saudi Airlines Catering Company (SACC) has signed a hospitality and catering services contract with Saudi Automobile & Motorcycle Federation (SAMF) for the Dakar Rally 2021, which will be hosted, supervised, and managed by the Ministry of Sport in Saudi Arabia for the second successive time.
The contract term extends over six months. Moreover, the provisional value of this deal is estimated at SAR 17 million, increasable, according to a bourse statement on Monday.
Under the contract, SACC will provide its catering services to all participants in the rally, in addition to SAMF’s guests and technical crews supervising this event.
SACC expects a positive effect on its financial results and cash flow which will result in boosting the business sustainability effective from the first quarter (Q1) of 2021.
