Mubasher TV
Contact Us Advertising   العربية

Kuwait’s Agility inks cooperation protocol with Suez Canal Authority

Kuwait’s Agility inks cooperation protocol with Suez Canal Authority
The protocol includes establishing a logistics centre in East Port Said
Agility
AGLTY
7.42% 666.00 46.00

Mubasher: Agility Public Warehousing has signed a protocol of cooperation with the Suez Canal Authority to establish and develop a logistics centre in East Port Said in Egypt, as disclosed in a filing to Boursa Kuwait on Tuesday.

Agility, a Kuwaiti company listed on both Boursa Kuwait and the Dubai Financial market (DFM), will develop a logistic pivot in line with the current expansion plans in East Port Said Port to enhance importing, storing, and exporting operations through the Suez Canal pivot.

The cooperation protocol included providing international solutions for the Egyptian customs.

Agility clarified that the financial impact of this cooperation agreement cannot be determined in the current time.