• Salah Abdullah Al-attar - Editor-in-Chief

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Flynas acquires 10% of Swissport Saudi Arabia for $13 million..

Flynas has signed a purchase and sale agreement and a shareholders' agreement to acquire a 10% equity stake in Swissport Saudi Arabia Limited for a total purchase price of US$13.3 million, plus a limited variable consideration linked to the shares, calculated according to the mechanism stipulated in the two agreements. Annual purchases under the ground handling agreement are expected to represent approximately 5% of the company's revenue.