• Deal expands Menzies’ global network and aviation service offering to 350 airports in 65 countries
• Menzies becomes the largest independent aviation services provider in the U.S.¹
• Underscores Menzies’ long-term commitment and confidence in the U.S. aviation market and economy.

26 August 2025, London: Menzies Aviation, an Agility Global company, and the leading service partner to the world’s airports and airlines, has completed its acquisition of G2 Secure Staff, an aviation service partner of choice for major airlines across the United States.

The $305m deal strengthens Menzies position as the world’s largest aviation services provider, operating at 350 airports in 65 countries, powered by a team of 65,000 highly trained people. The deal is expected to boost Menzies’ Group revenue by 20% to more than $3.1 billion, based on FY2024 figures.

The acquisition positions Menzies as the leading player by airports served in the U.S. – the world’s largest and most dynamic market. The Menzies G2 combination provides operational resilience and adds new, instantly deployable capabilities. G2’s expertise in ground services, including passenger assistance and cabin cleaning, complements and enhances Menzies’ ground, air cargo and fuel services portfolio.

Menzies current Executive Vice President Americas, John Redmond, will continue to lead the region as he has done for 18 years. G2 senior management will join John’s team.

Hassan El-Houry, Executive Chairman, Menzies Aviation said: 

“Acquiring G2 is a strategic long-term investment and significant milestone in our global growth journey. It is also a direct response to customer demand for Menzies to offer a broader range of services at more airports. With U.S. passenger volumes expected to surpass one billion² by 2040 and rising airport infrastructure investment, this deal positions Menzies at the centre of the country’s aviation momentum and underscores our confidence in the resilience of the U.S economy and U.S. consumer. After 25 years as a key player in the U.S. market, we are now structurally aligned to support capacity growth, digital transformation, and labour demand. I’m proud of how far we have come as a business and excited to welcome our new G2 colleagues, whose talent and experience will be vital to our shared success.”

Menzies’ U.S. footprint has doubled to over 110 locations, expanding services at more airports, including the world’s busiest Hartsfield-Jackson Atlanta International Airport (ATL) and major airline hubs such as Los Angeles International Airport (LAX) and Denver International Airport (DEN).

The deal improves Menzies’ global connectivity, enabling customers to benefit from Menzies’ industry-leading safety and security standards and operational excellence on arrival and departure at more locations. It will also strengthen Menzies’ ability to support airports and airlines with progressing their sustainability goals, such as reducing scope three targets.

Philipp Joeinig, Group CEO, Menzies Aviation said:

“This deal isn’t just scale for the sake of scale. It’s high-volume, high-readiness infrastructure that meets growing airline demand for seamless, multi-airport service coverage. It provides an opportunity to raise standards for aviation services across the U.S and globally through the roll out of our industry-leading training, safety, sustainability and technology across all new operations. With our reach extending into dozens of new local economies, we see the G2 Menzies combination unlocking job creation and upskilling opportunities. G2 has built a successful business, and we’re focused on working together to capitalise on our strengths to support our 20,000-strong U.S. team to deliver greater value for our partners.”

G2’s operations will be rebranded as Menzies Aviation. Integration will begin immediately, deploying Menzies’ global standards for training, safety, sustainability and technology across all new operations to ensure a seamless transition for employees, customers and partners.

[1] By number of airports served

[2] American Society of Civil Engineers

For further information contact:

Beki McVicker, PR Manager, Menzies Aviation
via DGA Group
DGA Group, One Fleet Place, London, EC4M 7RA
menziesaviation@dgagroup.com
Tel: +44 (0)7894 991 586

Q2 Key Financial Highlights:

• Sustained business momentum – Revenue growth of 8.3% was driven by strong organic performance across the main operating businesses, reflecting stronger demand and operational execution.
• Healthy profitability growth with stable margins – driven mainly by Menzies and ALP.

• Strong balance sheet position – The balance sheet remains strong with total assets at $12.7 billion and shareholder equity at $5.8 billion. Almost 46% of the assets belong to the investment segment, whose performance is mainly reported through the balance sheet, not the profit and loss statement.

• Strategic investment in DSV – DSV continues to be the largest single investment, representing over 36% of the total assets.
• Net debt (excluding lease liabilities) stood at $3 billion, most of the debt is on the back of DSV funded collar.
• Operating cash flow for the first half of the year was $223 million, and gross CAPEX and investments totaled $132 million during the period.

ABU DHABI – August 12, 2025 – Agility Global PLC, a multi-business owner, operator and long-term investor, today reported Q2 2025 earnings of $24 million, or 0.24 cents per share. EBIT grew 5% to $97 million, EBITDA increased 8% to $181 million, and revenue rose 8% to $1.2 billion.

For the first six months period, earnings stood at $45 million, or 0.44 cents per share. EBIT grew 1% to $189 million, EBITDA increased 7% to $354 million, and revenue rose 12% to $2.3 billion.

As of June 30, 2025, Agility’s investment segment had a total asset value of approximately $5.5 billion, and total assets value was $12.7 billion.

Agility Global Chairman, Tarek Sultan, said: “The Group delivered another quarter of healthy operational performance, supported by continued organic growth across our core businesses. We see robust growth in Menzies and Agility Logistics Parks. Tristar delivered steady top-line growth and operational ramp-up; however, the lower-margin profile of this growth, compounded by challenges in its Maritime segment, has limited its EBIT expansion. Nevertheless, our operational momentum and underlying business fundamentals remain strong.”

Sultan added: “Our diversified portfolio, spanning critical logistics infrastructure across high growth markets, enables us to navigate global economic headwinds effectively. We continue to execute on our strategy, focusing on disciplined growth and value creation.”

Controlled Segment

For Q2 2025, the consolidated EBIT of the controlled businesses was $96 million; EBITDA was $179 million; and revenue reached $1,200 million. For the six months, EBIT of the controlled businesses was $174 million; EBITDA was $339 million; and revenue $2,343 million.

Aviation Services: Menzies

Menzies Aviation revenue reached $691 million in Q2 2025, representing 9% growth over the same period in 2024. The growth was mainly driven by increased volumes from new operations in Portugal and Spain; ground handling yields improvements; and strong cargo volumes across the regions excluding the impact of the closures of some non-profitable stations. In Q2, Menzies Ground Handling and fueling operations serviced close to 1.5 million flights.

Over the same period, EBITDA and EBIT grew 13% and 24% with all divisions and service lines showing growth. Improved EBITDA and EBIT margins indicate the business’s ability to leverage its existing platform for growth.

In Q2, Menzies expanded its executive lounge presence in Europe, adding a Pearl lounge in Bratislava to the portfolio.

Regulatory approval for the acquisition of 100% of US-based G2 Secure Staff is expected in Q3.

Fuel Logistics: Tristar

Tristar, a fully integrated fuel logistics business, reported Q2 revenue of $346 million, EBITDA of $64 million and EBIT $33 million. The 17.3% revenue growth over Q2 2024 was mainly driven by the new retail fuel business in Sri Lanka, which began operations in the second half of 2024. Although the retail fuel business is a low margin business today, Tristar is gaining a strong market presence and expects profit margins to improve in 2026 as efficiencies are realized, and the network expands. The maritime segment continued to face market headwinds during the quarter, but management remains confident in the long-term potential of this segment.

Industrial Real Estate: Agility Logistics Parks (ALP)

Agility Logistics Parks recorded Q2 2025 revenue of $14 million, representing a 13% increase from the same period last year. EBIT stood at $10 million.

Strong demand for warehousing in Saudi Arabia continues to drive occupancy rates above 90%, particularly Riyadh. ALP’s ongoing development of 226K SQM of new warehousing space is progressing and on schedule; some units have already been delivered, and the remainder are scheduled for delivery during the remaining months of 2025.

The GCC warehousing sector is experiencing robust demand driven by e-commerce growth, 3PL expansion, and government-led industrial diversification programs. In Africa, ALP continues to evaluate opportunities in high-growth logistics corridors, particularly in East Africa, where demand for modern logistics infrastructure is underserved.

Investment Segment

As of June 30, 2025, Agility Global’s investment segment stood at $5.5 billion in asset value.

The segment’s key assets include stakes in DSV and Reem Mall.

• DSV, Agility Global’s largest investment holding, delivered solid Q2 2025 performance, underpinned by continued organic operational strength. The DB Schenker integration remains largely on track. While the share price has been volatile over the period, we are managing our equity collar with prudence to protect downside risk and restructure upside potential in line with DSV’s intrinsic performance. Agility Global’s DSV investment value has increased by 12% YTD.
• Agility Global is an investor in Reem Mall on Abu Dhabi’s Reem Island, Abu Dhabi’s latest signature shopping, dining, and entertainment family destination, spanning around 183.4K sqm of Gross Leasable Area (GLA). Anchored by hypermarkets and notable entertainment and home furnishing concepts, the mall will be home to around 400 international and local brands. One of the prominent recent openings was Sharaf DG, an expansive 3,334 sqm electronics retail space with 34 brand experience zones, making it the largest store of its kind in Abu Dhabi.

As of June 2025, roughly 66% of GLA was open and trading, with an additional 14% under fit-out, for an effective GLA leased of 80%. As of July 2025, we have signed proposals for an additional 4% of GLA. The mall recorded consecutive record-breaking months for footfall and tenant sales in May and June where key metrices have increased by 30% and 40% respectively.

About Agility Global

Agility Global is a multi-business operator and long-term investor in global and regional businesses. Its portfolio of diversified international assets includes the world’s largest aviation services company (Menzies Aviation); a global fuel logistics business (Tristar); a leading logistics parks developer and operator across the Middle East, Africa, and South Asia (Agility Logistics Parks); and other businesses in digital logistics, e-commerce logistics, remote-site services, and public-sector logistics. It holds minority stakes in DSV, the world’s largest freight forwarder; Reem Mall, a mega-mall in Abu Dhabi; commercial real estate and supply chain companies in the GCC, and emerging technology companies in e-commerce enablement, energy transition, digital supply chain, and more. Agility Global has a global footprint across six continents and 70 countries, with a workforce of 56,000 employees. It is publicly listed on the Abu Dhabi Securities Exchange (ADX).

For more information about Agility Global, visit www.agilityglobal.com

ABU DHABI – JUNE 25, 2025 – Agility Global PLC (ADX: AGLTY), a multi-business owner and operator and long-term investor in global and regional businesses, today announced the appointment of Arqaam as its official liquidity provider on the Abu Dhabi Securities Exchange (ADX).

Arqaam Securities, a leading regional financial institution regulated by the UAE Securities and Commodities Authority (SCA), will actively manage liquidity for Agility Global PLC shares by maintaining two-way quotes within a structured mandate. The agreement is designed to improve  underlying market liquidity, optimize price discovery, cushion unnecessary volatility and narrow bid-ask spreads, supporting efficient trading for the company’s shares on ADX.

The appointment is part of Agility Global’s broader capital markets strategy to enhance institutional engagement, deepen market liquidity, and ensure effective access for its global shareholder base.

Ehab Aziz, CFO of Agility Global, said: “Expanding our capital markets presence is central to our long-term strategy. Appointing Arqaam, which is recognized for its expertise in market making and institutional-grade infrastructure, supports our goal of improving investor access, transparency, and long-term value creation.”

Veselin Tilev, Head of Market Making at Arqaam, said: “Agility Global is a high-impact issuer with a globally diversified footprint. This mandate reflects our focus on enabling liquidity, facilitating efficient trading, and advancing capital market development in the UAE. As the region’s leading investment bank, Arqaam remains committed to elevating investor engagement across ADX-listed names.”

This collaboration marks a continued evolution in the UAE’s capital markets, reinforcing the role of institutional partnerships in delivering resilient, transparent, and liquid trading environments.

About Agility Global

Agility Global is a multi-business operator and long-term investor in global and regional businesses. Its portfolio of diversified assets includes the world’s largest aviation services company (Menzies Aviation); a global fuel logistics business (Tristar); a leading logistics parks developer and operator across the Middle East, Africa, and South Asia (Agility Logistics Parks); and other businesses in digital logistics, e-commerce logistics, remote-site services, and public-sector logistics. It holds minority stakes in DSV, the world’s largest freight forwarder; Reem Mall, a mega-mall in Abu Dhabi; commercial real estate and supply chain companies in the GCC, and emerging technology companies in e-commerce enablement, energy transition, digital supply chain, and more. Agility Global has a global footprint across six continents and 70 countries, with a workforce of 56,000 employees. It is publicly listed on the Abu Dhabi Securities Exchange (ADX).

For more information about Agility Global, visit www.agilityglobal.com

About Arqaam

Arqaam is the region’s leading investment bank, offering a full-spectrum platform that includes Sales & Trading, Investment Banking, Asset Management, Research, Wealth Management, Principal Finance, and Digital Services. With over 1,500 institutional clients worldwide, Arqaam operates from offices in the UAE, Egypt, Lebanon, and Saudi Arabia.

Learn more: www.arqaamcapital.com

Numbers are rounded.

ABU DHABI – May 13, 2025 – Agility Global PLC, a multi-business owner and operator and long-term investor, today reported Q1 2025 earnings of $21 million, or 0.21 cents per share. EBIT stood at $92 million, EBITDA at $173 million and revenue $1,143 million.

As of March 31, 2025, Agility’s investment segment has a carrying value of roughly $5.1 billion, bringing the balance sheet to $11.8 billion in assets and $5.3 billion in total equity attributable to the shareholders of the parent company.

Agility Global Chairman, Tarek Sultan said “The Group delivered good operational performance in Q1 2025, supported by organic growth across our core businesses. However, net profit was impacted by higher depreciation expenses from new operating leases required for business growth, and higher interest expense since the company was capitalized in May 2024 as part of the listing process as well as higher utilization of debt relative to Q1 2024. Furthermore, the company has taken tax provisions related to the implementation of Pillar Two (global minimum effective corporate tax rate). Despite this, the Group’s underlying operational momentum remains positive, and we continue to advance our strategic priorities. Our investment segment is managed with steadfast discipline, and we are focused on the long-term fundamentals of the assets.”
“We remain cautious of external uncertainties, which may introduce volatility in certain markets. However, the diversification of our businesses, combined with a disciplined and agile strategic approach, positions us well to capture emerging opportunities and deliver sustained value for our shareholders.”

Controlled Segment

For Q1 2025, the consolidated EBIT of the controlled businesses was $79 million; EBITDA was $160 million; and revenue was $1,143 million.

Aviation Services: Menzies

Menzies Aviation revenue reached $649 million in Q1 2025, representing 13% growth over the same period in 2024. This growth was mainly driven by an increase in volumes as a result of new operations in Portugal and Spain, expansion into Serbia, along with winter activity plus yield improvements. Over the same period, reported EBITDA grew by 4% with almost all material divisions and service lines showing growth. Adjusted for non-recurring items booked in 2024, adjusted EBITDA and EBIT for the quarter would have shown a 13% and 24% increase from same period last year.

Menzies recently agreed to acquire 100% of US-based G2 Secure Staff, an aviation service partner of choice for major airlines across the United States. The transaction is valued at $305m plus a deferred consideration of $10m payable in 2026, subject to G2 operations achieving certain agreed-upon performance targets. The deal strengthens Menzies’ position as the largest aviation services business globally, by number of countries, number of airports and aircraft turns.

Fuel Logistics: Tristar 

Tristar, a fully integrated fuel logistics business, reported a $340 million revenue increase of 35% from the first quarter in 2024. The top line increase was mainly driven by growth in the Fuel segment as a result of the new Sri Lanka retail fuel business, which began in the second half of 2024. EBITDA reached $60 million, and EBIT was $26 million, decreases of 7% and 33% respectively. This was driven by a one-off gain booked in 2024 and higher depreciation expense this quarter, from commitment to charter new vessels to activities intended to support business growth. The management is actively working on action plans to improve performance for the remainder of the year.

Tristar group has a healthy pipeline of growth opportunities, especially in infrastructure capacity building. Those opportunities are concentrated in the Maritime and Fuel storage businesses.

Industrial Real Estate: Agility Logistics Parks

Agility Logistics Parks (ALP), a leading developer of warehouse parks and light industrial facilities, reported revenue of $14 million, an increase of 8%. EBIT was $9 million for the quarter. Strong demand for world-class warehousing is fueling the growth of ALP, especially in Saudi Arabia where occupancy rates remained high. ALP continues to benefit from strong market fundamentals driven by ongoing economic diversification initiatives in Saudi Arabia. ALP is currently developing a total of 226k sqm of new warehousing space in Jeddah and Riyadh to be delivered during 2025 and early 2026, and revenue will be booked accordingly. ALP will continue to look for opportunities in the markets where it operates and in new potential markets.

Investment Segment

Agility Global holds non-controlling minority stakes in a number of businesses, both listed and non-listed. As of 31 March 2025, the carrying value of those stakes was roughly $5.1 billion. The company’s largest holdings in this segment are in DSV and Reem Mall.

DSV is a Copenhagen-based logistics company that became the world’s number one freight forwarder following its recently approved acquisition of DB Schenker. DSV announced expected synergies of DKK 9 billion (around €1.2 billion), higher than most analysts’ expectations. The share price has gained positive momentum following the announcement and continues to perform positively. Agility Global owns 19.3 million shares of DSV today, making it one of the Denmark-based company’s largest shareholders. Agility Global maintains a positive long-term view on its investment in DSV because of the company’s strong fundamentals, global market position, and proven track record of value-accretive growth.

Reem Mall – Agility Global is an investor in Reem Mall on Abu Dhabi’s Reem Island. Agility Global’s stake in Reem Mall consists of equity and convertible debt. The mega-mall had a soft opening to the public in February 2023 and launched formally in May 2024. As of March 2025, 198 units were trading, and almost 80% of Gross Leasable Area (GLA) was committed. More tenants are expected to announce openings in coming months. The mall is one of the region’s first fully integrated omnichannel retail ecosystems with digital, e-commerce, and logistics capabilities. It brings together all consumer and retail services to ensure a seamless customer experience.

Recap of Agility Global Q1 2025 Financial Performance

• Revenue increased 17% to $1,143 million.
• EBITDA increased 5% to $173 million, with 15% margins.
• EBIT decreased by 4% to $92 million, with 8% margins.
• Net profit for equity holders reached $21 million, equivalent to 0.21 cent per share.
• Agility Global enjoys a healthy balance sheet with $11.8 billion in assets and $5.3 billion in total equity attributable to the equity holder of the parent company. Agility Global’s largest investment, which is DSV, represents around 32% of the total assets.
• The company’s net debt (excluding lease liabilities) was $2.8 billion. Most of the debt is a result of a funded equity collar on the back of DSV shares.
• Operating cash flow was $164 million for the first quarter of 2025. Agility Global spent $60 million gross CAPEX and investments during the quarter.

State-of-the-art warehouses in Maputo recognized for resource-efficient design

MAPUTO, Mozambique – MAY 1, 2025 – Corredor Logístico de Maputo (CLM) has selected Agility Logistics Park in Maputo to host its new logistics terminal, office, and distribution center, marking a significant step forward in the enhancement of cargo handling and transit services in Mozambique.

Located within the Agility Logistics Park – a modern, secure, 24/7 facility offering international-standard warehousing – the new 7,000 m² CLM terminal is engineered to manage over 50,000 tons of in-transit cargo. This includes the short-term storage of essential food commodities for the domestic market, supporting national supply chain efficiency and food security.

Neide Tsenane, Country-Lead, Agility Logistics Parks Mozambique, said, “We are thrilled to welcome Corredor Logístico de Maputo to our facility and proud that they have chosen Agility as the base for their new logistics terminal. Their presence reinforces our mission to provide world-class infrastructure that empowers trade, strengthens supply chains, and supports Mozambique’s economic growth. At Agility, we’re committed to offering flexible, efficient, and sustainable warehousing solutions that help our clients scale and succeed.”

Clávio Macuácua, Chairman of the Board of Directors at CLM, said, “This project was designed to deliver integrated services, combining the presence of Mozambique’s Tax Authority (AT), Kudumba MC-Net, the National Migration Service (SENAMI), customs brokers, and freight forwarders in a one-stop-shop environment. Our goal is to streamline cargo processing and enhance logistics efficiency.”

Macuácua also emphasized the strategic vision behind the investment: “This initiative lays the groundwork for a future dry port, aiming to boost national logistics corridors and cabotage operations and the infrastructure provided by Agility Logistics Parks provides everything for the efficient implementation of our operations.”

The Agility Logistics Park is strategically positioned with direct access to the Maputo Ring Road in Chiango, Marracuene District, placing it within a 25-kilometer radius of the Maputo Port, Airport, the N4 highway to South Africa, and the Central Business District.

The 320,000 m² site already has 32,000 m² of built-up warehouses and 10,000 m² of open yard space developed in its first phase. The demand for space in the park has been strong and as a result the second development phase is already underway, adding an additional 27,000 m² of warehouse space and expanding the total footprint to approximately 60,000 m² of premium logistics infrastructure.

Geoffrey White, CEO of Agility Africa, said, “We are proud to welcome CLM as a tenant in our logistics park in Maputo. The availability of high-quality, ready-built warehouses plays a vital role in enabling faster, more efficient logistics operations. The availability of pre-built international standard warehousing for lease reduces capital burdens on businesses, accelerates market entry, and fuels economic growth. Agility is committed to being a catalyst for prosperity and jobs in Mozambique and across Africa.”

Agility Logistics Parks offers secure, connected warehouse parks featuring Grade A and B warehouse solutions built with sustainability and engineering excellence. Agility is developing a pan African network of warehouse parks which currently includes Mozambique, Côte d’Ivoire, Ghana, Nigeria, and Egypt, totaling over 1.4 million square meters of industrial real estate across the continent.

State-of-the-art warehouses in Maputo recognized for resource-efficient design

MAPUTO, Mozambique – APRIL 23, 2025 – Agility Global, a multi-business operator and long-term investor in global and regional businesses, announced that three warehouses at the Agility Logistics Parks (ALP) facility in Maputo are the first in Mozambique to receive EDGE Advanced certification as energy- and resource-efficient green buildings.

EDGE (Excellence in Design for Greater Efficiencies) is the global standard for energy-efficient buildings, a certification system overseen by the International Finance Corp. (IFC), an arm of the World Bank. Basic EDGE certification requires a minimum projected reduction of 20% energy use, water use and “embodied energy” in materials when benchmarked against a standard local building.

The ALP warehouses in Maputo are the first warehouses in Mozambique to receive EDGE Advanced certification. In addition to the ALP Mozambique warehouses, Agility Logistics Parks warehouses in Riyadh, Saudi Arabia, and Abidjan, Cote d’Ivoire also have earned EDGE Advanced certification.

Agility Logistics Parks – Mozambique received EDGE Advanced certification for the 14,000 SQM Warehouse 1; 9,000 SQM Warehouse 2; and 9,000 SQM Warehouse 3 at its 320,000 SQM Maputo park.

EDGE Advanced buildings are “zero-carbon ready” structures that are at least 40% more energy efficient than others in the market. When compared with others in the market, ALP’s EDGE Advanced warehouses in Maputo provide energy savings of more than 62.7%; water savings of 40%+ and construction materials containing 68%+ less embedded carbon.

Neide Tsenane, Country-Lead for Agility Logistics Parks – Mozambique, said: “The EDGE Advanced certification of our warehouses in Maputo is more than just a milestone for Agility—it’s a clear win for our customers. It reflects our commitment to delivering world-class infrastructure that supports operational efficiency, sustainability, and long-term business growth.
For our existing tenants, it means measurable savings in energy and water costs, reduced environmental impact, and the assurance that they’re operating within facilities built to the highest international standards. For future customers, it’s a unique opportunity to scale their operations in Mozambique in a setting that’s not only reliable and secure but also future-ready and environmentally responsible.”

Tsenane said quality logistics infrastructure attracts FDI, improves efficiency, reduces costs and enables growth, generating jobs and prosperity.

Agility Logistics Parks are secure, connected, 24/7 complexes with Grade A and Grade B, international-standard warehouses designed with advanced engineering and sustainability features. In addition to the 320,000 SQM park in Maputo, Agility Logistics Parks has a 470,000 SQM park in Abidjan, Cote d’Ivoire; a 160,000 SQM facility in Accra, Ghana; a 270,000 SQM park in Lagos, Nigeria; as well as the 270,000 SQM Yanmu East logistics park in Cairo, Egypt, part of a joint venture with Hassan Allam Utilities.

Tenants at Agility Logistics Parks include international and local businesses in the FMCG, e-commerce, technology, automotive, and natural resource sectors.

Agility Africa CEO Geoffrey White said: “Safe and efficient warehousing is a fundamental requirement for the success of businesses in Africa. The ready-built Agility warehouses permit local companies to grow and develop, while reducing time-to-market and cost for new companies coming to Africa. The growing network of Agility warehouse parks is aligned with the significant opportunities being created by the expanding population, rapid urbanization and burgeoning consumerism in Africa, Initiatives such as the AfCFTA, trade digitization, mobile banking and data access are improving and expanding African trade both regionally and internationally.”

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NYUAD-hosted programs include the University Student Entrepreneurship Program and the Impact Hub for Emirati Women Achievers

Programs to address opportunities and challenges for female business owners in the UAE

Abu Dhabi – April 15, 2025 – Agility Global PLC, a multi-business owner and operator and long-term investor in global and regional businesses, has announced its support for two key      programs organized by startAD, powered by Tamkeen and anchored at  NYU Abu Dhabi (NYUAD), aimed at fostering the next generation of Emirati entrepreneurs.

These initiatives will empower young innovators and business leaders by equipping them with the tools, mentorship, and skills needed to build scalable ventures, with a particular emphasis on supporting Emirati women in entrepreneurship.

The UAE has rapidly emerged as a leading startup hub in the GCC, with 5,600 new firms registered in Q2 2024 alone, reflecting the country’s business-friendly policies and commitment to economic diversification. Recognizing this momentum, Agility Global is deepening its engagement with the local entrepreneurial ecosystem through its support of startAD.

The first initiative, the University Student Entrepreneurship Program, will support up to 20 students from NYUAD and the wider UAE. The students will be upskilled and receive guidance on various aspects of the venture creation process including identifying market gaps, formulating business models, and creating minimum viable products. Agility Global’s contribution will be instrumental in providing structured training and upskilling support to students , ensuring students gain practical insights into entrepreneurship and innovation.

In parallel, from Agility Global will support the Impact Hub for Emirati Women Achievers, a pioneering program dedicated to empowering visionary Emirati women in business and innovation from February to August 2025.

Studies highlight a notable increase in women entrepreneurs in the UAE over the last decade, driven by government and private sector initiatives. A recent study by Mastercard found that 84% of women in the UAE are considering starting their own business with more women (49%) identifying as entrepreneurs than men (47%) – reflecting the country’s rapidly evolving business landscape.

Despite significant strides in female entrepreneurship in the UAE, challenges remain. Another recent report by Visa found that access to funding remains a critical challenge for UAE women entrepreneurs, with 57% of women-owned businesses in the UAE relying on personal finances. This makes programs like the Impact Hub essential for equipping women with the skills and networks needed to succeed.

Through this program, Emirati women innovators will benefit from expert coaching, skills training, focused on transformational leadership and catalyzing innovation ecosystems. The initiative will also facilitate participation in digital and in-person forums, creating opportunities for professional growth and collaboration. Agility Global will align its support with women-led ventures that intersect with its strategic business interests in the region.

“Entrepreneurship is a powerful driver of economic diversification, innovation, and sustainable development. By supporting startAD’s programs, we are investing in the next generation of Emirati entrepreneurs—both university students and women business leaders—who will shape the future of the UAE’s knowledge economy. These initiatives align with our commitment to fostering talent, empowering communities, and driving meaningful change through innovation. We are proud to collaborate with startAD and NYU Abu Dhabi to create opportunities that equip young business leaders with the skills and networks they need to thrive,” said Frank Clary, Vice President, Sustainability at Agility Global.

Ashwin Joshi, startAD Director, added: “Our partnership with Agility will accelerate the next wave of UAE entrepreneurship by equipping emerging leaders with the skills and networks to succeed. With 77.6% of women-owned businesses led by entrepreneurs under 40 and venture funding set to exceed $2 billion by 2024, this collaboration—through the sponsorship of the University Student Entrepreneurship Program and the Impact Hub for Emirati Women Achievers — will drive innovation, industry transformation, and long-term economic growth in the UAE.”

startAD was launched in 2016 by Tamkeen in partnership with NYU Abu Dhabi. It has played a pivotal role in enabling early-stage startups to develop and scale in collaboration with local and global partners. Anchored at NYU Abu Dhabi, startAD is committed to driving the UAE’s transition into a knowledge-based economy, in alignment with the Abu Dhabi Economic Vision 2030. startAD equips startups, SMEs, and aspiring entrepreneurs with the skills, frameworks, and industry connections needed to turn innovative ideas into commercially viable ventures.

Through this collaboration, Agility Global highlights its commitment to fostering entrepreneurship in the UAE, supporting the nation’s ongoing efforts to cultivate a thriving startup ecosystem. By investing in the next generation of business leaders, Agility Global and startAD are helping to shape a future where Emirati entrepreneurs drive innovation and economic progress on a global scale.

• Deal expands Menzies’ U.S. footprint; enhances passenger services offering across major U.S. airline hubs
• Menzies’ global network will increase to 340 airports and 65,000 employees
• The deal is expected to boost Menzies’ revenue by 20% per annum to over $3.1 billion, based on FY 2024 earnings

14 April 2025, London: Menzies Aviation, an Agility Global company, and the leading service partner to the world’s airports and airlines, announces today that it has signed a $305m USD agreement to acquire U.S-based G2, an aviation service partner of choice for major airlines across the United States.

Once the deal is completed, Menzies will operate in over 340 airports in 65 countries with a global team of 65,000 highly trained people. The deal is expected to boost Menzies’ group revenue by 20% to over $3.1 billion, based on FY 2024 revenue figures.

This deal strengthens Menzies’ position as the largest aviation services business globally, by countries, airports and aircraft turns.

John Redmond, Executive Vice President Americas, Menzies Aviation said:

“This acquisition is a key milestone in our longer-term value creation strategy. We are already the global industry leader in terms of countries, airports and aircraft turns and this transaction will expand our footprint to 340 airports worldwide. This deal enhances our presence in the United States – the largest and most dynamic aviation market worldwide, and we look forward to working with the G2 team to realise the potential for growth. We are confident in the resilience and strength of the U.S. economy and aviation market, where we have been a key player for 25 years.”

Menzies first entered the U.S. market in 2000 and is currently an industry leader providing safe and high-quality ground, air cargo and fuel services. Established in 2005, G2 has a strong growth history within the U.S., with a focus on providing passenger assistance, cabin cleaning and ground and air cargo handling at airports across the country, including major airline hubs. G2’s services complement and expand Menzies’ current service offering to customers.

This agreement, which involves the acquisition of the entire G2 business, will expand on Menzies’ best-in-class service offering for airline customers with nearly 20,000 employees working across more than 100 airports across the U.S.

In a fragmented aviation services market, airlines and airports will benefit from having an established operator with scale that can leverage its extensive track record to establish a new standard of service focused on operational excellence. G2 will rebrand as Menzies, and the business will roll out its industry-leading training and safety-first culture, sustainability practices and innovative technology across its new airports of operation.

The transaction to purchase G2 is subject to regulatory approvals and is expected to complete in June 2025.

Julie Gostic, Chief Executive Officer, G2 said:

“We’re proud to be joining Menzies Aviation, the global leader in aviation services, and entering an exciting new era of growth. I look forward to building on our reputation for consistency and high-quality standards while also maintaining a close relationship with our customers, who can expect to see the same level of premium service. G2 customers and our employees will benefit from Menzies’ experience in setting global standards for service, safety and sustainability. We look forward to entering this exciting new era with Menzies.”

For further information contact:

Bronwyn Torrie, Head of Communications, Menzies Aviation
via DGA Group
DGA Group, One Fleet Place, London, EC4M 7RA
menziesaviation@dgagroup.com
Tel: +44 (0)7894 991 586

• Strong financial performance, with global revenue increasing 20% year-on-year to $2.6 billion[1] (2023: $2.2 billion)
• Delivered a robust EBITDA of $382m (post IFRS16), representing a 15% margin.
• Expanded global footprint to 300 airports in 65 countries.
• Welcomed more than 5,000 new colleagues, expanding global workforce to 50,000.
• Served more than 4.8m flights and 250 million passengers and handled 2.4m tonnes of cargo.

9 April 2025, London: Menzies Aviation, the leading service partner to the world’s airports and airlines, has announceda record-breaking performance in 2024, marking its fourth consecutive year of double-digit revenue growth. Reported in its 2024 Annual Review & Sustainability Report, the aviation services provider has delivered strong financial results, with global revenue increasing year-on-year by 20% to $2.6 billion, driven by expansion in existing and new markets. The group also reported a robust EBITDA of $382m (post IFRS16), with a 15% margin, illustrating the strength of its core operations and the sustainability of the business. This enabled increased investment in equipment, technology and training, while providing confidence to customers that it is a reliable, long-term partner. This unparalleled growth reaffirms Menzies as the industry leader and provides a strong footing for future expansion as more airlines and airport partners choose the company as a partner of choice, recognising its safety record, high quality services and agile leadership. Key highlights:

• Key deals in Portugal, Hong Kong, Angola and Malaysia helped to strengthen the company’s global footprint to 300 airports in 65 countries.
• Expansion in established markets, such as Serbia and Spain showcased its successful partnerships and strong track record.
• Menzies managed more than 4.8 million flights (2023: 4.5 million), serving over 250 million passengers (2023: 217 million).
• Investments in existing air cargo facilities as well as in cutting edge technology enabled the company to handle a record 2.4 million tonnes of cargo (2023: 2 million).
• The launch of its Pearl Elevated Travel brand boosted its service offering, driving 2.8 million guests to its 55 lounges, while Air Menzies International solidified its position as a leading airfreight provider, achieving a 16% year-on-year growth in tonnage.

The company also made significant progress toward its ESG goals, with continued efforts to reduce emissions in line with its ambitious Net-Zero 2045 target, demonstrating a commitment to sustainable growth alongside business expansion. Key highlights include:

• It was the first major aviation services provider to have its net zero targets approved by the Science Based Targets initiative.
• Progress towards its 25% electric Ground Support Equipment (GSE) by 2025 target, with 22% of its worldwide fleet now electric.
• Second consecutive year of reducing voluntary staff turnover with a further 5% reduction in 2024, meaning the company is now well below pre-Covid turnover levels.
• Reached its goal of 25% of women in senior leadership roles, in line with IATA’s 25by2025 campaign.
• Financed over USD $388k towards sustainable development partnerships, community projects, charities and supporting local fundraising by its teams.

Hassan El-Houry, Executive Chairman, Menzies Aviation, said: “2024 has been a groundbreaking year for Menzies, marked by double-digit growth and record-breaking milestones in both flights and passengers served, and cargo tonnes handled. As we reflect on these achievements, we take immense pride in leading the way, delivering high-quality aviation services, while upholding the highest standards of safety and security. With passenger numbers expected to surpass 5.2 billion for the first time and more than 40 million flights taking to the skies in 2025, our vision for the future remains clear: to be the world’s leading aviation services provider. We are confident about the future and are committed to responsible expansion, operational excellence, sustainability, and contributing to the powerful and positive force of the aviation industry.” Philipp Joeinig, Group CEO, Menzies Aviation, added: “Strategic expansion has been key to our success over the past four years, resulting in a 41 percent increase in the number of airports we serve and a 71 percent growth in the number of countries since 2021. Our efforts in nurturing strong relationships with our airline customers and airport partners has created a solid foundation for continued success, with new global opportunities at an all-time high. I’m especially proud that we were the first major aviation services business to have our net zero targets approved by the Science Based Targets initiative, reinforcing our commitment to leading from the front and raising the bar in sustainability. Our goal of becoming the undisputed leader in our industry remains central to everything we do, and we look forward to continuing this exciting journey together.” To read the Menzies Aviation 2024 Annual Review and Sustainability Report, please visit: menziesaviation.com/annual-review-and-sustainability-report-2024

[1] Figures have been rounded.