11/10/2016 05:58 AST

Agility Public Warehousing Company, the Dubai-listed logistics firm, announced on Monday that one of its subsidiaries has been awarded a concession by the Office National des Aeroports of Morocco.

The award to National Aviation Services, a Kuwaiti subsidiary in which Agility holds a 95 per cent stake, is to provide VIP passenger services and operate Morocco's 16 airport loungers across nine airports.

The term of the agreement is 10 years, with revenues over the 10-year concession period estimated at $250 million (Dh917.5 million).


Gulfnews

Ticker Price Volume
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
PAPER 194.00 6.00 (3.19%)
SALIK 5.09 -0.07 (-1.36%)
PARKIN 5.34 -0.03 (-0.56%)
AIRARABIA 3.30 -0.02 (-0.61%)
DIC 2.29 -0.16 (-6.54%)
Saudi Awwal Bank signs SR2 billion credit facility with Saudi Binladin Group

25/04/2025

Saudi Awwal Bank (SAB), one of the leading banks in Saudi Arabia, has signed SR2 billion credit facility agreement with the Saudi Binladin Group, a subsidiary of Binladin International Holding Group,

Saudi Gazette

Dubai logistics firm Aramex CEO Othman AlJeda resigns

24/04/2025

The Dubai-based logistics firm Aramex has confirmed a new acting CEO after Othman AlJeda, the incumbent, resigned for personal reasons.

The change at the top comes just weeks after Abu Dhabi

Gulfnews

UAE banks continue to hit high growth in Q1-2025, with ADIB's net profit at D1.9b

24/04/2025

The leading UAE banks have put up some sizable growth in their Q1-2025 results, with ADIB's net profit before tax totalling Dh1.9 billion - and that's from an impressive 18% gain year-on-year.

Gulfnews

Salalah Port welcomes eco-friendly container ships

24/04/2025

Salalah Port has received five modern dual-fuel methanol-powered container vessels from Maersk's fleet, marking a significant milestone in the port's infrastructure development and readiness to accom

Times of Oman

QNB, Mastercard launch new debit cards campaign to reward customers

24/04/2025

QNB has launched a new campaign, aimed at rewarding customers to use their QNB Mastercard debit cards for everyday purchases.

The campaign, taking place from April 24-June 24, will offer win

Gulf Times