Please wait...
GulfBase Live Support
- TAQA Group reports Q1 revenue of $ 3.87bn, up 3.8%
- Bahrain All Share Index closes higher
- UAE airline Etihad places major aircraft order with Boeing
- UN forecasts global economic growth to drop to 2.4% in 2025
- Dubai gold rate shoots up after Dh10 plus drop - in hours
- Abraj Energy signs deal with BP for drilling rig in Block 61
- Commercial Bank launches new CB Corporate Banking App
- QSE sees 62% of stocks in the red; index loses 19 points
- Financial markets development essential to Qatar's comprehensive financial strategy: QCB Governor
- Emirates NBD pilots new AI compliance tech to reduce risks, improve payment speed
12/03/2018 05:12 AST
Kuwait and Gulf Link Transport Company (KGL) announced that two of its subsidiaries have been awarded transportation and supply contracts with the US Army worth up to $2B (USD). One of its subsidiaries, KGL Transportation was awarded the US Army's Heavy Lift 8 (HL8) transportation contract, providing heavy haul transportation services in the Gulf Region, Iraq and Jordan. The maximum value of the contract is $550M (USD) for a duration of five years.
In January 2018, KGL Food Services, also a subsidiary of Kuwait and Gulf Link Transport Company (KGL), was awarded the Subsistence Prime Vendor (SPV) contract with the US Defense Logistics Agency (DLA). The maximum value of the contract is worth $1.380B (USD) for a period of 24 months, with option periods increasing the contract duration to an additional 60 months. KGL will provide food procurement and distribution services to the US military in Kuwait, Iraq and Jordan.
Sam Khatib, Chief Business Development Officer at Kuwait & Gulf Link Transport Company (KGL), said that "KGL is a premier provider of integrated Supply Chain Management services in the Middle East, fulfilling the Transportation, Logistics, Port Management, Shipping and Freight Forwarding needs of countless regional and international clients since the establishment of the company more than 60 years ago in 1956."
Khatib added that for more than two decades KGL has been one of the leading logistics providers to the US military in the Middle East and that the Prime Vendor contract is the fifth contract awarded to KGL by the US Defense Logistics Agency.
Khatib is looking forward to continuing to work with the US military on solving complex logistics challenges and supporting the US military mission in the Gulf region.
Khatib said that for more than 60 years, KGL has been providing comprehensive logistics solutions for international commercial and government clients throughout the Middle East, most notably with the US Government and the United Nations.
Arab Times
21/03/2018
Kuwait & Gulf Link Transport (KGL), an international logistics firm based in Kuwait, revealed that the US Army has awarded it a new contract to support heavy line haul operations for the US Military
Trade Arabia
18/02/2018
The Director-General of the Kuwait Ports Authority (KPA), Sheikh Yousef Al-Abdullah Al-Sabah, said the Kuwait & Gulf Link Transport Co (KGL) has been notified to evacuate 270,000 square-meters of lan
Arab Times
21/01/2018
Kuwait & Gulf Link Transport (KGL), an international logistics firm based in Kuwait, said it has been awarded a new contract by the US Defense Logistics Agency (DLA) to lead logistics and distributio
Trade Arabia
| Ticker | Price | Volume |
|---|
| Ticker | Price | Change |
|---|---|---|
| PAPER | 175.00 | -7.00 (-3.85 |
| ALPHADHABI | 11.44 | 0.26 (2.32 |
| ADNOCLS | 4.69 | 0.00 (0.00 |
| SALIK | 5.79 | 0.06 (1.04 |
| NMDC | 24.44 | -0.56 (-2.24 |
16/05/2025
Abu Dhabi National Energy Company (TAQA), one of the largest listed integrated utilities companies in Europe, the Middle East and Africa, has delivered a 3.8% year-on-year revenue growth, reaching AE
Trade Arabia
16/05/2025
Abraj Energy Services has signed a contract with BP Oman to provide a drilling rig for operations in Block 61, with the rig expected to become operational in the fourth quarter of 2025.
The
Muscat Daily
16/05/2025
Commercial Bank, a leader in innovative digital banking solutions, has unveiled its all-new Corporate Mobile Banking App, setting a new standard for business banking in the region.
This stat
Gulf Times
16/05/2025
Emirates NBD is rolling out a new AI-driven solution to strengthen its compliance checks on payments and trade transactions, as part of a wider effort to improve safety, speed, and transparency in fi
Gulfnews
16/05/2025
In line with its leading and responsible role in the banking industry, National Bank of Kuwait continues to advance confidently towards building a sustainable future by implementing its environmental
Kuwait Times
Financial Information Co.
P.O. Box 69410, Jeddah 11547, Saudi Arabia