17/01/2015 07:23 AST

Kuwait-based Agility, a leading global logistics and logistical infrastructure provider, today broke ground on the construction of a distribution park on a 40-acre site in the Tema Port Free Trade Zone Enclave in Accra, Ghana.

The Agility Distribution Park, one of a series of logistics hubs that Agility is building across the African continent, will provide international standard logistics infrastructure to local, regional and global companies operating in Ghana.

The network of Agility Distribution Parks being developed across Africa will serve the growing requirements of Agility’s existing and new customers as they seek distribution facilities across the continent to meet the demands of the burgeoning growth in both the FMCG and commercial markets.

Geoffrey White, Agility CEO Africa, said: “Agility is a world leader in developing logistics parks around the globe and is committed to developing a network of quality distribution parks in Africa. By providing much needed import and export routes in and out of Africa, Agility Distribution Parks will help companies operate in Africa with the reliable, modern and secure infrastructure they need to grow their business.”

Agility Distribution Parks focus on providing undisturbed power, IT connectivity and security for tenants, creating an international platform from which companies can efficiently operate their businesses. Offering 2PL, 3PL and 4PL solutions, Agility operates its own warehousing and also designs and builds warehouses on its distribution parks for third parties to specific individual customer specifications.

White added: “Ghana is an attractive location to launch the network of new Agility Distribution Parks thanks to a long-term stable and transparent government, fast growing GDP and increasing prominence as a regional commercial hub in West Africa. Quality logistics infrastructure is a key driver of new foreign direct investment, stimulating improved trade flows, prosperity and job creation.”

The first phase of the park will be complete and operational in the last quarter of 2015, and when fully occupied will include 100,000 sq m of bonded and non-bonded warehouses with ancillary services.


Trade Arabia

Agility 2017 net profit surges 16pc to hit $228m

22/02/2018

Kuwait-based Agility, a leading global logistics provider, has reported a net profit of KD68.5 million ($228 million) for 2017, as against KD59.1 million in the previous year, marking an increase of

Trade Arabia

Agility eyes a bigger slice of Middle East's energy sector

09/02/2018

Agility, one of the region’s largest logistics firms, expects to win a larger share of oil and gas projects in Mena as governments ramp up spending to boost production, company executives said.
<

The National

Kuwait's Agility reports 17.4% third quarter profit rise

05/11/2017

Kuwait's Agility, one of top logistics firm in the Middle East, said its third quarter net profit climbed 17.4 per cent, driven by strong performance of global logistics business and companies includ

The National

Ticker Price Volume
SABIC 114.77 5,915,941
SAMBA 26.98 1,138,683
STC 83.41 257,644
DARALARKAN 13.47 74,648,349
AGLTY Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Ticker Price Change
IQCD 108.99 0.99 (0.91%)
QEWS 186.60 -1.50 (-0.80%)
MPHC 15.10 -0.17 (-1.12%)
ALBH 0.56 0.00 (0.00%)
AHCS 9.70 -0.01 (-0.11%)
SABIC-MCC joint venture starts output

05/04/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News