Agility subsidiary secures 10-year concession agreement in Morocco, expects USD250mn financial impact over contract term
Agility Public Warehousing (AGLT.KW)’s 95%-owned subsidiary, National Aviation Services, has been awarded a 10-year exclusive concession agreement in Morocco by Office National des aeroports, where National Aviation will provide services to Morocco’s six airports. Agility expects to raise USD250mn from the agreement, which will have a financial impact during the contract term. (Mubasher, Bourse statement)
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