Mubasher: Agility Public Warehousing announced that it is currently in initial negotiations with the international Switzerland -based Panalpina logistics for considering available partnership agreements between the two entities in the logistics sector.
Agility, listed on both Boursa Kuwait and the Dubai Financial Market (DFM), clarified that no final agreement has been reached, according to a bourse statement on Sunday.
“Agility, with 22,000 employees and $4.6 billion in annual revenue, has been expanding globally under managing director Tarek Sultan,” according to Arab News.
On 16 February, Agility announced KWD 81.1 million worth profits during fiscal year 2018.
