Press Releases

New Shipa Delivery Jeddah Gateway will Cut E-Commerce Delivery Times  

Shipa Delivery announced that it will add a Jeddah e-commerce gateway to its two existing Saudi gateways in Riyadh and Dammam, reducing delivery times for both inbound and outbound shipments. The Jeddah gateway will expand international merchants’ access to the fast-growing Saudi market, enhancing...

Agility Global Invests in New Middle East & Africa Venture Capital Fund

Agility Global said its corporate venture capital arm will invest in a new fund aimed at providing capital to early-stage Middle East and Africa companies. The new fund is managed by Global Ventures, a Dubai-based investment firm that specializes in growth-stage emerging markets investing in MEA....

Menzies expands presence in Africa with new cargo facility

Menzies Aviation has announced the official opening of its new cargo facility at Maputo International Airport (MPM) in Mozambique. The state-of-the-art facility means that Menzies can now handle cargo at MPM, increasing Mozambique’s freight capacity. This represents a significant expansion in Menz...

Leading EV-Charging Player Loop Global Establishes Presence in Abu Dhabi

Loop Global Inc, a U.S.-based turnkey provider of EV charging solutions, announced the opening of its regional office in Abu Dhabi, which will showcase Loop’s innovative charging technology and serve as the base for sales and distribution in the broader region....

Agility Global PLC Reports Q2 2024 Net Profit of $30 Million

Agility Global PLC, today reported Q2 2024 earnings of $29.8 million, or 0.29 cents per share. EBITDA grew 28.4% to $167.4 million, and revenue increased 16.2% to $1.1 billion. For the first six months of 2024, earnings stood at $60.3 million, or 0.78 cents per share. EBITDA grew 31.2% to $336.9 mil...

Menzies and KLM renew long-running partnership at AMS

Menzies Aviation has announced the renewal of a major cargo and ground handling contract with the Dutch flag carrier, KLM Royal Dutch Airlines, at Amsterdam Airport Schiphol (AMS)....

UAE Sets Pace for Environmental Sustainability Across MEA

The United Arab Emirates remains the leader, by most key measures, in environmental sustainability and climate action across the Gulf and Africa, says a new Agility Global report that tracks government and business policies, practices and investment related to the environment....

Menzies Aviation net zero targets approved by SBTi

Menzies Aviation, is pleased to announce that the Science Based Targets initiative (SBTi) has approved its science-based targets to reach net-zero greenhouse gas emissions across the value chain by 2045. This includes a 50% near-term reduction in scope 1 and 2 GHG emissions by 2030 from its 2022 bas...

Menzies Aviation sign partnership agreement with ALTANFEETHI

Menzies Aviation, today announced a partnership agreement with the AlTanfeethi Company, a leading supplier of high end travel services. The agreement will see Menzies provide its newly rebranded Pearl Meet & Assist services to AlTanfeethi customers, including concierge services, fast track immigrati...

Menzies Aviation completes Groundforce Portugal deal

Menzies Aviation has completed its acquisition of a 50.1% stake in Groundforce Portugal. Groundforce Portugal manages more than 100,000 aircraft turns every year across five of the busiest airports in Portugal, where it provides ground and air cargo services to several leading global airlines. Upon ...

Agility Global PLC Reports Q1 2024 Net Profit of $30.5 Million

Agility Global PLC, today reported Q1 2024 earnings of $30.5 million, or 0.58 cents per share. EBITDA grew 34% to $169.5 million, and revenue increased 5.6% to $979.4 million....

Agility Global Begins Trading on Abu Dhabi Securities Exchange

Agility Global PLC (“Agility Global”), a multi-business operator and long-term investor in sector-leading global and regional businesses, announced that its shares are now trading on the Abu Dhabi Securities Exchange(ADX), one of the fastest growing stock exchanges in the world....