Agility The Public Warehousing Company (K.S.C.)

Logotype for Agility The Public Warehousing Company (K.S.C.)
Ticker/ISIN
AGLTY
KW0EQ0601041
Market/Country
Dubai Financial Market
United Arab Emirates

About Agility The Public Warehousing Company (K.S.C.)

Country of Origin: Kuwait

Agility Public Warehousing Company K.S.C. (the “Parent Company”) is a Kuwaiti shareholding company incorporated in 1979 and listed on Boursa Kuwait and Dubai Financial Market. The group operates under the brand name of “Agility”.

Agility is a global leader in supply chain services, infrastructure and innovation. Agility owns and operates businesses that include the world’s largest aviation services company; the market leader in industrial warehousing and logistics parks in the Middle East, South Asia, and Africa; a commercial real estate business; a liquid fuel logistics business; and companies specializing in customs digitization, remote infrastructure services, e-commerce enablement, digital logistics, and more. Agility invests in innovation, sustainability and resilience, and owns stakes in listed and non-listed companies that are reshaping logistics and transportation, energy, e-commerce, and other industries

Latest Pressrelease Summaries from Agility The Public Warehousing Company (K.S.C.)

On April 17, 2025, Agility Public Warehousing Company announced the results of a Board of Directors meeting. The board discussed a proposal for capital reduction and reviewed nominations for board membership. Two key resolutions were made: first, the board requested management to conduct a detailed study to determine the optimal capital level to maximize shareholder value, postponing a decision on this matter; second, they approved extending the nomination period for board membership by an additional week, ending on April 24, 2025, to increase the number of candidates and enhance the company's leadership.
Agility Public Warehousing Company has scheduled a board of directors meeting for Thursday, April 17, 2025, at 1:00 PM Kuwait Time. The agenda includes reviewing applications for board nominations and discussing a proposal for capital reduction. This information was communicated by Tarek Abdulaziz Sultan Al Essa, Vice Chairman & CEO, to Mr. Hamed Ahmed Ali, CEO of the Dubai Financial Market.
The document pertains to the consolidated financial statements of Agility Public Warehousing Company K.S.C.P. and its subsidiaries for the year ending on December 31, 2024.
Agility Public Warehousing Company has announced that it has refinanced a portion of its existing credit facilities, increasing the amount from $233 million to $280 million with a new tenure of five years. This refinancing follows a previous disclosure made on January 8, 2023. The additional amount will be reflected in the company's liabilities when used, but there is no material impact on the company's financial position at this time.
Agility Public Warehousing Company announced that its subsidiary, Agility Logistics Parks, has entered into a strategic partnership with Riyadh Development Company to construct advanced warehousing facilities in Riyadh. Agility will contribute 60% to the partnership, with the project's total value estimated at SAR 227 million (approximately KD 23 million). The project involves building 58,000 square meters of Grade A warehousing on a 97,904 square meter plot and is expected to begin in the first half of 2025, with construction lasting two years. The capital expenditure will be reflected in Agility's financial statements during the construction period.
The document is the unaudited interim condensed consolidated financial information for Agility Public Warehousing Company K.S.C.P. and its subsidiaries as of September 30, 2024.
On 12 November 2024, Agility's Board of Directors met and approved the interim financial statements for the period ending 30 September 2024. In accordance with Boursa Kuwait's resolution no. 1 of 2018, Agility will hold a quarterly Analyst/Investor Conference via a live webcast on 20 November 2024 at 2:00 pm local time. Instructions for participation are available on Agility's website under the Investor Relations page. For further clarification, inquiries can be directed to investor@agility.com.

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Dubai Financial Market News

News Update From Agility The Public Warehousing Company (K.S.C.)

Disclosure: Notification from the company

1. Attached Document

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Dubai Financial Market News

News Update From Agility The Public Warehousing Company (K.S.C.)

Disclosure: Notification from the company

On July 9, 2024, Agility Public Warehousing Company K.S.C.P. (Agility) announced an update regarding a legal case with the Republic of Iraq. The case, originally decided on February 22, 2021, involved Agility's claims of Iraq's expropriation of its $380 million investment and breaches of the bilateral investment treaty between Kuwait and Iraq. An Annulment Committee under the International Centre for Settlement of Investment Disputes (ICSID) partially annulled the original arbitral award, agreeing that the original Tribunal had failed to scrutinize Iraq’s actions properly. Consequently, Agility can now re-file its claims before a new arbitral tribunal. There is currently no financial impact from this decision.

1. Attached Document

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Dubai Financial Market News

News Update From Agility The Public Warehousing Company (K.S.C.)

Disclosure: Integrated report for the year 2023

1. Attached Document 2. Attached Document

AkSharesKumar profile image

AkSharesKumar

Commented on FinDiesels Transaction regarding Agility The Public Warehousing Company (K.S.C.)

Great move! Solid buy at 13.0 AED for Agility, a key player in Industrials. FinDiesel's portfolio just got stronger. This stock is set to deliver robust returns. 🚀📈
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ShareUkKhan

Commented on FinDiesels Transaction regarding Agility The Public Warehousing Company (K.S.C.)

Great move! Agility's strong logistics network and growth potential make it a solid addition. Diversifying within Industrials is always a smart play. Keep an eye on their upcoming projects!
CashwariyaRai profile image

CashwariyaRai

Commented on FinDiesels Transaction regarding Agility The Public Warehousing Company (K.S.C.)

Impressive move, darling! Agility's strong foothold in logistics and warehousing aligns perfectly with your portfolio. A smart addition to your Industrials sector! 🌟📈
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Dubai Financial Market News

News Update From Agility The Public Warehousing Company (K.S.C.)

Disclosure: Resolutions of General Assembly

1. Attached Document

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TomFlooz

Commented on FinanceBroAEDs Transaction regarding Agility The Public Warehousing Company (K.S.C.)

Nice move picking up Agility! Diversifying into Industrials could balance out your Financials. Keep pushing, that 1-month yield can soar higher! 🚀
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TomFlooz

Commented on FinanceBroAEDs Transaction regarding Agility The Public Warehousing Company (K.S.C.)

Nice move grabbing Agility shares at 13 AED! With their strong foothold in logistics, it could be a game-changer. Keep an eye on the industrial sector; it’s primed for growth. Keep pushing the limits! 🚀
Dubai Financial Market News profile image

Dubai Financial Market News

News Update From Agility The Public Warehousing Company (K.S.C.)

Disclosure: Financial statements for the 1st QTR of 2024

The document contains unaudited interim condensed consolidated financial information for Agility Public Warehousing Company K.S.C.P. and its subsidiaries as of 31 March 2024.

1. Attached Document