Interview: Agility’s Tarek Sultan on the company’s expansion strategy and sustainability goals

Interview: Agility’s Tarek Sultan on the company’s expansion strategy and sustainability goals

Image: Agility

Global supply chain services, aviation and infrastructure company Agility achieved a number of milestones in 2022.

The Kuwait-headquartered group, which employs over 45,000 people across six continents, acquired Menzies and merged it with NAS, creating the world’s largest aviation services company by countries served. The company operates in about 70 countries across six continents.

Last year, the group’s Tristar unit acquired a majority stake in HPG Storage, which meant a major expansion of its fuel storage capacity and distribution capability in 29 countries. In 2022, it also announced a $163m investment in building a new logistics park outside of Jeddah, Saudia Arabia, alongside existing warehousing complexes in Riyadh and Dammam.

In H1 2023, the company’s net profit rose 2.3 per cent reaching KWD29.48m.

Tarek Sultan, vice chairman of Agility, who is also a key member of the World Trade Organisation’s Business Advisory Group, shares the company’s sustainability goals, key global trends impacting the logistics and supply chain sector and the importance of supporting SMEs and fair trade, which he strongly advocates.

Here are excerpts of the interview with the Agility VC

What is the key strategy driving Agility’s growth, expansion, and diversification?

Agility is a different business than it was two years ago. Today, we