Agility - Kuwait

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Recent Articles

• Agility chases $2.9bn in US orders30 October 2008

  Kuwait-based logistics company says it is competing for major gov't contracts due for award by end of 2008.

• Agility in $140mn US Marine deal25 August 2008

  Gulf's biggest logistics provider by market value wins contract with US Marine Corp.

• Logistics firm Agility's Q2 net profit down 9%16 August 2008

  Dip in quarterly income 'in line" with expectations after expansion, says CFO.

• Agility wins $8.6mn US Air Force deals8 July 2008

  Middle Eastern logistics and storage company bags four US Air Force five year maintenance contracts.

• Kuwait's Agility bags Australia deal 1 July 2008

  Logistics provider wins $350,000 deal to provide services to power plant project in Australia.

• Agility bags $174mn EU deal in Chad15 June 2008

  Kuwaiti logistics giant to construct, equip and power to dining facilities to service European trooops.

• Agility lands $200mn US Army deal 12 June 2008

  Gulf's biggest logistics provider wins renewal of US government deal to provide transport services, logistics.

• Agility to buy Chinese cargo firm5 June 2008

  Kuwaiti logistics provider to acquire China's Cosa Freight, in deal worth up to $30.6mn.

• Agility renews $2.8bn deal with US 28 May 2008

  Kuwait logistics provider shares jump 10% after deal to supply troops in Iraq and Kuwait announced.

• Agility extends Kuwait's winning streak28 May 2008

  Kuwait's market edges higher, Agility records largest single-day jump in two years.

• Agility growth hit by record oil prices20 May 2008

  WEFME: Skyrocketing oil prices have had 'dampening effect' on growth in global market, chairman says.

• Agility trading halted after market blunder18 May 2008

  Traders pile in as wrongly calculated share price opens up investment opportunity, source says.

• Agility wins Saudi Arabia hospital contract21 April 2008

  Agility has signalled its growth in the healthcare industry, following a US$23.2 million contract with Bader Sultan and Brothers.

• Agility wins $450mn Iraq job29 March 2008

  Agility Defense & Government Services has announced that the Joint Contracting Command - Iraq, has chosen it as one of five awardees of the Theater Wide Trucking (TWT) contract.

• Agility Q4 earnings nosedive23 March 2008

  Kuwaiti logistics provider posts 10.5% fall in profit for quarter, with full-year net income of $576.4mn.

• Agility awarded US Army contract19 March 2008

  The US Army Contracting Command Southwest Asia-Kuwait has signed an agreement with Agility to provide dining facilities to its forces.

• $5bn Saudi railway deal to be awarded in June28 February 2008

  Four groups of Saudi and international firms are vying for 30-year contract.

• Agility certified for its operations in Jordan20 February 2008

  Agility has raised its profile in Jordan as it is awarded an ISO 9001:2000 certification.

• Agility acquires Kenya’s Starfreight Logistics9 February 2008

  Agility continued its expansion into the African logistics market through the recent acquisition of Kenyan company Starfreight Logistics Limited.

• Interest mounts in Jordan transport infrastructure5 February 2008

  Jordan's bid to become a regional and global transit hub was given a significant boost following considerable interest from logistics giant Agility.

• Agility, Al-Qudra eye industrial expansion20 January 2008

  Kuwait-UAE joint venture MRC-Q to invest in aluminium, lead, copper, iron and steel businesses.

• Mubadala, Agility target UAE logistics market17 January 2008

  Agility Abu Dhabi to offer services including warehousing, transport and distribution.

• Agility to invest $10bn in the Philippines16 January 2008

  Kuwaiti firm planning to develop airports, ports, railways, power stations and telecoms.

• Acquisition costs take toll on Agility profit8 November 2007

  Kuwaiti logistics firm's Q3 net income drops 13.7% to $141mn as costs surge 38.5%.

• Agility signs contract with Matrah Cold Stores7 November 2007

  Agility was recently awarded a five-year contract to provide a number of logistics services for Matrah Cold Stores (MCS) in the Sultanate of Oman.