CATRION Catering Holding Company announces the signing of its agreement with Dammam Airport Company
AI Summary
- CATRION Catering Holding Company signed a 15-year lease agreement with Dammam Airport Company (DACO) on July 2, 2026, to provide services and activities at King Fahd International Airport.
- The total fixed value of the agreement is SAR 75,724,825.50.
- The contract includes a variable annual revenue share starting at 3.5% and increasing annually up to 5.5% of total revenues generated from the site's activity.
- The agreement aims to support the company’s aviation service expansion and sustainability plans in alignment with Saudi Vision 2030.
