Agility Global, a company listed in Abu Dhabi and a subsidiary of Agility Public Warehousing Company, has secured a $500 million credit facility. This financial agreement is aimed at supporting the company’s ongoing operations and facilitating future growth. The credit facility has a maturity period of three years from the signing date, which is set...
Dubai South has officially inaugurated a new facility dedicated to Expeditors International of Washington, Inc. (NYSE: EXPD), a prominent global logistics company. This state-of-the-art facility, located in the Logistics District of Dubai South, is part of the largest single-urban master development focused on aviation, logistics, and real estate. The opening ceremony was attended by senior...
Kuwait-listed Agility Public Warehousing Company has successfully refinanced a portion of its existing credit facilities, raising the amount from $233 million to $280 million. The company announced on Monday that this refinancing comes with a renewed tenure of five years. The move to refinance is part of Agility’s strategy to support growth and manage its...