Latest topics
Dubai-listed Agility's subsidiary secures $2mln annual revenues in Iraq airport concession
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Dubai-listed Agility's subsidiary secures $2mln annual revenues in Iraq airport concession
Contract involves provision of passenger-handling services at Baghdad International Airport
An Iraqi Airways plane lands at Baghdad International airport January 27. Image for illustrative purposes.
Dubai-listed Agility Public Warehousing Company’s subsidiary has won a nine-year concession at the Baghdad International Airport in Iraq.
The project, secured by National Aviation Services Co. (NAS), is estimated to generate $18 million in revenues.It will involve the provision of passenger-handling services at Baghdad’s global aviation hub, the Kuwait-based company said in a filing at the Dubai Financial Market (DFM) on Sunday.
“Due to the current global pandemic, there is no confirmed value for the concession. However, estimated revenue of the concession is $2 million per year,” the firm said.
The revenues will be reflected on the company’s financials over the term of the contract.In July, the Baghdad airport reopened for commercial flights after months of shutdown due to the coronavirus pandemic.
Agility and its subsidiaries provide logistics solutions, including freight forwarding, transportation, contract logistics and aircraft ground handling, among many others.
https://www.zawya.com/mena/en/business/story/Dubailisted_Agilitys_subsidiary_secures_2mln_annual_revenues_in_Iraq_airport_concession-ZAWYA20201018131024/
GirlBye- VIP NewsHound
- Posts : 1484
Join date : 2018-07-09
Location : So Cal
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Today at 11:16 am by kenlej
» Phony Tony sez: Full Steam Ahead!
Sat Apr 13, 2024 11:51 am by Mission1st
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Sat Apr 13, 2024 11:45 am by Mission1st
» Russia aren't taking any prisoners
Fri Apr 05, 2024 6:48 pm by kenlej
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Wed Mar 27, 2024 6:02 am by Ditartyn
» ZIGPLACE
Wed Mar 20, 2024 6:29 am by Zig
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej
» The second American Revolution has begun, God Bless Texas
Mon Jan 29, 2024 6:13 pm by kenlej
» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
Sun Jan 28, 2024 3:28 pm by Mission1st
» Tucker talking Canada
Wed Jan 24, 2024 6:50 pm by kenlej
» Almost to the end The goodguys are winning
Mon Jan 22, 2024 9:03 pm by kenlej