Category Archives: Agility General Update

Agility and UnaBiz Partner to Lead Digitization of Event Logistics

SINGAPORE – March 29, 2018 – Agility, a leading global logistics provider, has partnered with UnaBiz, an Internet of Things (IoT) solutions company, to lead the digitization of event logistics and provide enhanced tracking for exhibitors.
The partnership between Agility and UnaBiz will help identify and address the various pain points in the niche events industry […]

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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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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Agility is First Forwarder to Achieve QEP Expert° Status

Agility is the first freight forwarder to receive QEP expert° accreditation from Envirotainer for its cold chain management of pharma and life sciences products.

The QEP expert° accreditation applies to Agility’s operations at the EuroAirport in Basel, Switzerland, where Agility runs a Pharma Competence Centre (PCC) that manages global, temperature-controlled transportation as well as cold chain solutions for pharmaceutical products. […]

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Agility Launches New Daily Road Freight Connection between Germany and Spain

We are pleased to announce that Agility Road Freight Europe has started to operate a daily road freight connection between Germany and Spain as of September 1, 2017.
Customer benefits include:

Daily road freight connection between Stuttgart, Germany and Barcelona, Spain for groupage and LTL shipments
A reliable and competitive road freight service linking these major European trade […]

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Service Update: Hurricane Harvey

The south east coast of Texas has been battered by Hurricane Harvey since Friday, August 28, when the storm made landfall from the Gulf of Mexico. Although Houston was not in the direct path of the storm, the city has been devastatingly impacted by widespread flooding caused by torrential rains. Agility’s Houston branch office is closed and […]

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2017 Agility Mid-Year Emerging Markets Review

Today, we launched the first-ever Agility Mid-Year Emerging Markets Review, a report that looks at how the UK’s Brexit and India’s economic reforms are changing supply chains and their potential impact on emerging markets.
The report offers detailed analysis of the difficult path ahead for the UK and the consequences of Brexit for emerging markets and […]

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