Tristar, a fuel transport company and an 80% owned subsidiary of Agility Public Warehousing Company KSC, and Emirates National Oil Company (ENOC), a diversified entity and leading retailer of fuel in the UAE, has set up a 50:50 joint venture in Saudi Arabia focused on specialized logistics services for the Kingdom’s petroleum and petrochemical sectors.

With an initial capital outlay of SAR 30 million, the new ENOC-Tristar JV will operate a fleet of 50 vehicles this year for supporting the logistics requirements of the oil, gas and chemicals sector in the Kingdom.

However, Agility can’t assess at this time the impact of this partnership on its financials.

Latest Financial News

News

June 15, 2022

Confirmation of Corporate Action Dates

Dear Investor, Agility would like to confirm the corporate action dates as per the template. Agility’s General Assembly meeting has …

News

June 5, 2022

Agility’s New Board Structure

Based on the resolution of Agility’s General Assembly Meeting that was held on May 16, 2022, Agility’s new board structure …

News

June 1, 2022

Supplement Disclosure: Recommended Cash offer for John Menzies

The board of John Menzies PLC has announced that its shareholders have voted to support a recommended cash offer by …

News

May 31, 2022

Agility’s Adjourned Extra Ordinary General Assembly Meeting

Dear Investor, Agility Public Warehousing Company KSCP held its Extra Ordinary General Assembly Meeting on Monday May 30th2022 through electronic …