Agility Subsidiary, Agility Global, Begins Trading on Abu Dhabi Securities Exchange  

Agility Subsidiary, Agility Global, Begins Trading on Abu Dhabi Securities Exchange  

Tarek Sultan, Vice Chairman, Agility Kuwait City, May 2: Agility Public Warehousing Company KSCP (“Agility”) announced the start of trading for its subsidiary, Agility Global PLC (“Agility Global”), on the Abu Dhabi Securities Exchange (ADX), one of the fastest growing stock exchanges in the world. On March 27th, Agility announced an in-kind dividend distribution of …

Tarek Sultan, Vice Chairman, Agility

Kuwait City, May 2: Agility Public Warehousing Company KSCP (“Agility”) announced the start of trading for its subsidiary, Agility Global PLC (“Agility Global”), on the Abu Dhabi Securities Exchange (ADX), one of the fastest growing stock exchanges in the world.

On March 27th, Agility announced an in-kind dividend distribution of shares representing 49% of the issued share capital in Agility Global, estimated at KD 800 million (USD 2.6 billion).

For FY 2023, Agility Global had revenues of USD 3.9 billion (KD 1.21 billion), EBITDA of USD 0.6 billion (KD 0.19 billion), 50,000 employees and operations in 70+ countries. The book value of the company is AED 19.6 billion.

Agility Global’s valuable international assets include Menzies Aviation, the world’s largest aviation services provider, Tristar , a global leader in fuel and chemicals storage, shipping and logistics, and Agility Logistics Parks, a leading owner