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
MAADANIYAH 18.00 151,342
FIPCO 45.05 42,576
ASG 0.00 0
TRAFCO 0.29 0
SAUDIKAYAN 6.74 2,338,843
NEFTALSHARQ 4.20 52,662
ALINMARETAILREIT 4.78 26,394
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 200.00 -2.00 (-1.00%)
AIRARABIA 3.13 -0.01 (-0.32%)
DIC 2.17 0.00 (0.00%)
AGLTY 252.00 -2.00 (-0.79%)
GULFNAV 5.26 -0.04 (-0.76%)
EEC's capital optimization plan to shore up financial position and sustain growth: CEO

14/09/2024

RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

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