Monthly Archives: March 2018

Agility is First Forwarder to Work with Maersk IBM on Blockchain Solution

 Logistics provider teams up to transform global, cross-border supply chain
BAAR, Switzerland – Feb. 6, 2018 – Agility, a leading global logistics provider, is the first freight forwarder to collaborate on a Maersk-IBM solution to provide more efficient and secure methods for conducting global trade by using blockchain technology to manage and track container shipments.
Agility has […]

Posted in Agility General Update

Agility’s Earnings Release for Full Year and Q4 2017

KUWAIT CITY – February 20, 2018

 
FY 2017
(Million KD)
FY 2016
(Million KD)
Variance
(%)
Q4 2017
(Million KD)
Q4 2016
(Million KD)
Variance
(%)

Revenue
1,407
1,234
14%
386
314.8
22.6%

Net Revenue
469.9
429.1
9.5%
125.7
112.4
12%

EBITDA
135.2
115.2
17.4%
37.6
31.4
19.8%

Net Profit
68.5
59.1
16%
19.3
15.7
22.5%

EPS (fils)
54.4
46.7
16.6%
15.3
12.5
23.1%

Figures in the table above have been rounded
Agility’s Financial Results for Full Year and Q4 2017
Agility, a leading global logistics provider, today announced its 2017 financial results, reporting a net profit of KD 68.5 million, or 54.4 fils per […]

Posted in Agility General Update

Agility’s Management Building Awarded Green Building Certification

State-of-the-art building receives prestigious LEED Silver certification
KUWAIT CITY – Nov. 14, 2017 – Agility, a leading global logistics provider, has been awarded the LEED Silver certification for its new environment-friendly management building in Sulaibiya, Kuwait.
The LEED rating system, developed by the U.S. Green Building Council (USGBC), is the foremost program for buildings, homes and communities […]

Posted in Agility General Update

Agility, UPAC, and NREC invest $1.2 billion in Abu Dhabi’s Reem Mall

Consortium signs $457 million credit facility
KUWAIT – November 21, 2017 – Agility, UPAC, and NREC, the consortium behind Abu Dhabi’s Reem Mall, a retail, leisure and entertainment destination, announced today that financing for the $1.2 billion project is now complete, by signing the largest real estate asset based facility in the United Arab Emirates […]

Posted in Agility General Update

Reem Mall Group Names Construction Contractor

Announcement follows completion of financing for world-class $1.2 billion retail and entertainment destination
KUWAIT – November 27, 2017 – The Reem Mall consortium today announced the appointment of Itinera Ghantoot, a UAE-Italy joint venture, as lead contractor on the $1.2 billion shopping, leisure and entertainment project.
Itinera Ghantoot is a joint venture between Itinera, one of Italy’s […]

Posted in Agility General Update