Riyadh – Mubasher: The National Shipping Company of Saudi Arabia (Bahri) on Tuesday said it signed a framework contract worth SAR 300 million with the Presidency of State Security (PSS).  

Under the five-year deal, Bahri will become the official carrier for the PSS and all of its departments, performing different transportation as well as internal and external shipping services by sea, air, or land, according to a bourse filing.

The material effect of the deal may start reflecting during the fourth quarter (Q4) of 2020, Bahri added.