Agility KSCP Launches Kuwait-Centric Strategy Supporting Kuwait Vision 2035
The new strategy positions the company as a dedicated platform supporting Kuwait's national development priorities under Kuwait Vision 2035.
This focus affirms Agility KSCP's foundational mission, as defined by the Amiri Decree that established the company in 1979 to develop critical warehousing and infrastructure in Sulaibiya, Doha, and Mina Abdullah.
Positioning for Strategic Alignment with Kuwait Vision 2035
Agility KSCP is positioning its capital, operations, and leadership to support national economic priorities, with plans to invest more than KD 100 million through 2030. Agility KSCP will focus on high-priority sectors including:
● Facilitating government initiatives to attract FDI and develop Mubarak Al Kabeer Port.
● Contributing to the development of new economic zones such as the Northern Area project.
● Customs modernization and supply chain enablement.
● Industrial real estate and warehousing.
● Industrial waste management and recycling infrastructure.
● Development of major data centre projects.
● Promoting the resilience and security of Kuwait's food and health care sectors.
The company's streamlined, Kuwait-centric strategy unlocks operational agility and capital efficiency by consolidating its footprint in a growth market where it has long-standing execution capability and deep institutional knowledge.
Driving Impact Through Governance and Capital Alignment
To better support Agility KSCP's new direction and improve the company's responsiveness to government priorities, Agility KSCP is taking several structural steps:
● National alignment: Formation of a permanent senior board committee dedicated to aligning with national initiatives and enhancing stakeholder coordination, with a particular focus on deepening engagement and responsiveness to government priorities and policy direction.
● Unlocking shareholder value through an in-kind distribution of Agility Global PLC stake: Agility KSCP's Board is enhancing value for its shareholders through an in-kind dividend distribution of an approximately 20% stake in ADX-listed Agility Global PLC to shareholders of Agility KSCP. This strategic move provides a direct and tangible return, allowing shareholders to benefit from a stake in a high-potential entity. By increasing Agility Global PLC's free float, the distribution is expected to significantly improve share liquidity, enhance price discovery, and position Agility Global PLC for greater visibility and potential inclusion in key equity indices. This initiative reflects the Board's ongoing commitment to maximizing shareholder value and aligning long-term interests.
● Fostering Kuwaiti Talent: Building on its longstanding commitment to developing Kuwaiti human capital, the company will intensify efforts to recruit, develop, and retain Kuwaiti nationals—who will serve as the driving force behind the strategy.
● New brand: To provide further clarity for shareholders and stakeholders, Agility KSCP will in due course carry a new name that reflects its new mission.
Together, these strategic priorities are designed to enhance focus and operational efficiency and unlock long-term value—reinforcing Agility KSCP's position as a trusted industrial partner and key enabler of Kuwait's economic growth.
Offering Investors Access to Kuwait's Growth
Tarek Sultan, Vice Chairman of Agility KSCP, said: 'As a company with deep national roots, we are aligning every aspect of our operations and capital allocation to serve Kuwait's long-term economic transformation. This evolution to focus on Kuwait's infrastructure priorities offers investors direct access to the country's most promising non-oil growth sectors—backed by committed capital, local execution strength, and strategic alignment with government objectives.
Our KD 100+ million investment in Kuwait's logistics and infrastructure sector underscores our belief in the country's strategic geographic position, resilient economy, and fast-growing e-commerce market. We're proud to support the development of advanced logistics and industrial infrastructure that will drive trade, create jobs, and contribute to Kuwait's broader economic diversification efforts."
In-Kind Dividend Announcement
Agility's Board of Directors has approved an in-kind dividend for Q1, 2025 in the form of shares in Agility Global PLC, representing around 20% of Agility Global PLC's issued share capital. Under the approved terms, eligible shareholders of Agility KSCP will receive 82 shares of Agility Global PLC for every 100 shares held in Agility KSCP.
This distribution reflects the Board's ongoing efforts to unlock shareholder value, improve trading liquidity for Agility Global, and enhance the company's eligibility for index inclusion.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Arab Times
2 hours ago
- Arab Times
Kuwait set to repair heritage mosques, facilitate prayers
KUWAIT CITY, Aug 17: The Ministry of Islamic Affairs is currently preparing for the implementation of a tender for the maintenance of heritage mosques throughout the country as it has obtained approval from the Central Agency for Public Tenders (CAPT), say reliable sources. Sources said the tender includes periodic and minor maintenance works at various heritage mosque sites and their annexes. They confirmed the commitment of the ministry to maintain these mosques to make sure they are ready for worshippers at full capacity. Sources pointed out that heritage mosques are considered a living testament to the beauty of Kuwaiti Islamic architecture, indicating the total number of such mosques is about 50. Sources said these mosques are among the most important architectural landmarks in the country -- valued for their religious significance and spiritual influence. They added that the ministry previously implemented numerous projects to rehabilitate and restore these mosques, stressing that heritage mosques are an integral part of the historical and cultural identity of Kuwait, and that their preservation is a national responsibility. They explained that despite getting approval from CAPT, the project must still obtain approval from other relevant regulatory bodies before implementation can begin. In a related development, the State Audit Bureau (SAB) has approved the tender for cleaning services in mosques and buildings affiliated with Farwaniyah Governorate at a cost of KD3.5 million. This move aims to enhance cleanliness standards and service quality in these mosques and buildings. Al-Seyassah/Arab Times Staff
Arab Times
3 hours ago
- Arab Times
KPC prioritizes Kuwaitis, upholds oil sector workforce rights
KUWAIT CITY, Aug 17: Kuwait Petroleum Corporation (KPC) is keen on increasing the number of nationals employed in its subsidiaries, while affirming its dedication to protecting the benefits and rights of Kuwaitis working in the private oil sector, who currently number around 12,000, say reliable sources. Sources also revealed that KPC will soon announce the results of admissions for those who completed the Bachelor's degree in Administrative Sciences in the second half of August, especially since applications for the positions began in January. Sources added that the Kuwait Oil Company (KOC) recently carried out a limited round of promotions that led to some vacancies in the Well Intervention Department and created 35 positions in its Fire Department. Sources added KOC made promotions in the Field Development Department and renamed several positions -- Senior Petroleum Engineer, Senior Reservoir Engineer and Senior Geologist. They indicated that the Kuwaitization policy at KOC is progressing at rapid pace. Meanwhile, CEO of KPC Sheikh Nawaf Al-Saud Al-Sabah revealed that the Kuwaitization rate in the oil sector has risen to 91 percent. The newspaper obtained a copy of the 2025 annual report of KPC, in which Sheikh Nawaf Al-Saud Al- Sabah emphasized that the focus has not been limited to appointing Kuwaitis; as it included providing a wide range of training and development programs for new cadres, alongside fostering a motivating work environment that enables high performance and meaningful contributions to the sector's ongoing success. In a related development, sources indicated that the total number of Kuwaiti employees in the corporation and its subsidiaries reached 20,336 in the first quarter of 2025 — down from 20,812 during the same period last year due to retirements. Meanwhile, the total number of Kuwaiti nationals appointed by the end of March 2025 reached 365; indicating the biggest number was recorded last year – 1,087 citizens by the end of 2024. Sources denied rumors about the large-scale recruitment of expatriates at the expense of national talent, clarifying that only 31 expatriates were hired until March 2025 — and only in essential and specialized roles. Sources added Kuwait National Petroleum Corporation (KNPC) remains focused on its strategy to achieve operational excellence and to invest in national talent, which it views as the country's most valuable resource. With ongoing expansion projects in the oil sector, the corporation is equally committed to maintaining a healthy and supportive work environment for its national workforce, sources concluded.
Arab Times
3 hours ago
- Arab Times
Complex saga of Kuwaiti nationality exposed
KUWAIT CITY, Aug 17: The 'hysterical' confession of an individual led to the discovery of a complex citizenship forgery case involving a falsely naturalized Gulf national who used a forged Kuwaiti identity card to defraud his own brothers. The Nationality Investigation Department received a report from a man who arrived at a police station in a highly agitated, hysterical state. Overcome with distress, he declared that his nationality was forged, saying: 'I am a forger… I am not my father's son.' The department handled the matter with utmost seriousness and in full compliance with established procedures. A DNA sample was taken from the complainant and compared with a preserved sample of his deceased father. The test confirmed that his claims were false, as the DNA fingerprints matched, proving he is indeed his father's biological son. Sources told the daily that the incident prompted investigators to re-examine the entire file. It was discovered that, as far back as 2011, the department prepared a report on a Kuwaiti citizen who registered a son under his file, who was not biologically his. That son owned Gulf identification documents, and the report included copies of the documents he used to enter and exit Kuwait. According to the sources, further inquiry into that son revealed a court ruling issued against him in 2011. Records showed that the case involved four Gulf brothers who shared an inheritance in their home country. One brother persuaded the other three to entrust their inheritance to a Kuwaiti merchant, who would invest it through a company that would generate a monthly income. The brothers transferred their money to the company's account, but when months passed without any returns, they filed a lawsuit against the company. During the lawsuit, it was discovered that the company's legal representative was none other than their fourth brother, under the identity of a Kuwaiti citizen. The brothers were stunned to learn that he fraudulently obtained Kuwaiti citizenship and used it to deceive them and seize their money. After filing the complaint under his false Kuwaiti identity, the fourth brother managed to obtain a Gulf death certificate claiming that the 'Kuwaiti citizen' (himself) died in an accident abroad. With the court accepting the death certificate, the case was dismissed due to the defendant's death, and he subsequently repaid his brothers. The sources confirmed that Kuwaiti nationality authorities later contacted their Gulf counterparts to verify the authenticity of the death certificate. The shocking reply was that the certificate was forged, and that the doctor whose name appeared on it had left the Gulf country years earlier. The case is currently under review by the Supreme Committee, which is preparing to revoke his forged Kuwaiti citizenship, along with that of his 34 dependents.
