Latest news with #MACH
Malaysian Reserve
26-05-2025
- Business
- Malaysian Reserve
GROUPE MACH UNVEILS A VAST $3.5 BILLION MIXED-USE REAL ESTATE PROJECT WITH 7,000 HOUSING UNITS TO REDEVELOP PART OF EAST MONTREAL
MONTREAL, May 26, 2025 /CNW/ – A vast site in the east of Montreal, currently occupied by two shopping centres, will be transformed into a dynamic, green, and diverse neighbourhood. Developed by Groupe MACH, the LANGELIER project will include 7,000 residential units, as well as a structuring linear park. Spanning 1,450,000 square feet, comparable to 25 football fields, this site at the intersection of Jean-Talon Street and Langelier Boulevard currently stands as a major heat island. Groupe MACH's proposal aims to transform it into a vibrant, people-centric urban hub that emphasizes environmental sustainability, promotes active mobility, fosters social diversity, and elevates the quality of urban life. 'This is the largest mixed-use development in Greater Montreal in recent years. Our vision is centred on human-scale urbanism, aiming to revive a declining urban landscape,' said Daniel Arbour, Vice-President, Major Projects, Groupe MACH. Upon completion, the neighbourhood will feature 400,000 square feet of commercial space, 5,700 diverse residential units, 1,300 social and community housing units, and an elementary school, catering to a future population of 25,000. From social housing to family homes, this neighbourhood will be designed for all life stages and paths. Additionally, a wide array of public amenities is planned. The entire MACH project will be developed over seven phases spanning 15 years and will require a total investment of $3.5 billion. The constructed areas will total approximately 5.8 million square feet. A First in Quebec At the heart of this new neighbourhood will be a Quebec first: the creation of a residential complex through an unprecedented partnership between Groupe MACH and Transgesco, a limited partnership that leverages the assets of the Société de transport de Montréal. ending government approvals, this innovative partnership aims to integrate two residential towers directly onto the future blue line station at Langelier. Never before has a real estate project of this scale been designed with gentle mobility—particularly pedestrian mobility—as a guiding principle, so closely integrated with major infrastructure like public transportation. This initiative promises not only to redefine the standards of integrated urban planning but also to provide residents with direct and privileged access to public transit, no matter where they are located within the community. This MACH/Transgesco partnership would not have been possible without the adoption of Bill 61 last December, which permits transport companies to partner with third parties for the construction of real estate projects and establish subsidiaries for this purpose. This initiative will capitalize on the increased real estate values around metro stations, while generating new revenue streams to enhance public transportation services. 'This pioneering model demonstrates how metro stations can serve as catalysts for urban transformation, integrating coherent territorial development,' emphasized Mr. Arbour. Phase 1 will include five residential towers totaling 1,000 housing units (condominiums and rentals) and 250 social and community housing units dedicated to students. It will also feature a 75,000 square foot cultural centre composed of a library, multifunctional rooms, and a 250-seat performance hall, which will be arranged around a public square centred on the future metro station. All gentle mobility paths of the project converge towards this square. Completion of this phase is expected to coincide with the opening of the new station, scheduled for 2031. 'This initial milestone underscores the commitment to developing a comprehensive, vibrant, and diverse neighbourhood centred around the principles of sustainable mobility, service accessibility, and mixed-use development, featuring five residential towers,' added Mr. Arbour. The Groupe MACH project is at the heart of the strategic sector of the Master Land Use and Development Plan (PDAD) for the Langelier neighbourhood, prepared through a collaboration between the City of Montreal and the borough of Saint-Léonard. Other Highlights The other highlights of this project are as follows: The development of over 400,000 square feet of new green spaces, including a public park of more than 200,000 square feet, of which 145,000 square feet will be donated by MACH, in direct continuity with the Boisé Jean-Milot (760,000 square feet) and an ecological pedestrian link connecting Félix-Leclerc Park (860,000 square feet). This will allow for the revitalization of the green corridor of the former Molson stream. The planting of over 1,000 large-scale trees elsewhere on the site, the development of landscaped swales along the streets, green roofs, as well as the creation of a public square and two urban promenades. The creation of an urban neighbourhood centred around the square offering shops and services to residents. This square, focused on the metro station, will host a cultural centre with a library and a performance hall, enhancing cultural potential and making the neighbourhood attractive and lively. Underground, this square will accommodate a large commercial area and parking spaces. The development of a network of continuous pedestrian paths, secure bike lanes, and seamless routes linking shops, residences, and public and community spaces. This network permits individuals to traverse the entire area and reach the metro station within eight minutes on foot. About Groupe MACH A leader in Canadian real estate for 25 years, Groupe MACH manages a diverse portfolio of over 250 properties totaling more than 45 million square feet. As an owner, developer, and manager, MACH is recognized for creating sustainable and inclusive living and working environments. Its portfolio includes iconic buildings such as the Sun Life Building, 1000 De La Gauchetière, and Place Victoria in Montreal, and Place de la Cité in Quebec City. MACH also owns 14 shopping centres and three major mixed-use developments, including the Quartier des lumières and the LANGELIER Project. With more than 500 employees, Groupe MACH manages over 6,000 residential units and plans to develop 10,000 additional units over the next 10 years. The company adheres to the highest governance and sustainable development standards, integrating responsible management principles into each of its projects. Its ongoing commitment to innovation and excellence makes it a key player in the Canadian real estate sector.
Cision Canada
26-05-2025
- Business
- Cision Canada
GROUPE MACH UNVEILS A VAST $3.5 BILLION MIXED-USE REAL ESTATE PROJECT WITH 7,000 HOUSING UNITS TO REDEVELOP PART OF EAST MONTREAL Français
MONTREAL, May 26, 2025 /CNW/ - A vast site in the east of Montreal, currently occupied by two shopping centres, will be transformed into a dynamic, green, and diverse neighbourhood. Developed by Groupe MACH, the LANGELIER project will include 7,000 residential units, as well as a structuring linear park. Spanning 1,450,000 square feet, comparable to 25 football fields, this site at the intersection of Jean-Talon Street and Langelier Boulevard currently stands as a major heat island. Groupe MACH's proposal aims to transform it into a vibrant, people-centric urban hub that emphasizes environmental sustainability, promotes active mobility, fosters social diversity, and elevates the quality of urban life. "This is the largest mixed-use development in Greater Montreal in recent years. Our vision is centred on human-scale urbanism, aiming to revive a declining urban landscape," said Daniel Arbour, Vice-President, Major Projects, Groupe MACH. Upon completion, the neighbourhood will feature 400,000 square feet of commercial space, 5,700 diverse residential units, 1,300 social and community housing units, and an elementary school, catering to a future population of 25,000. From social housing to family homes, this neighbourhood will be designed for all life stages and paths. Additionally, a wide array of public amenities is planned. The entire MACH project will be developed over seven phases spanning 15 years and will require a total investment of $3.5 billion. The constructed areas will total approximately 5.8 million square feet. A First in Quebec At the heart of this new neighbourhood will be a Quebec first: the creation of a residential complex through an unprecedented partnership between Groupe MACH and Transgesco, a limited partnership that leverages the assets of the Société de transport de Montréal. ending government approvals, this innovative partnership aims to integrate two residential towers directly onto the future blue line station at Langelier. Never before has a real estate project of this scale been designed with gentle mobility—particularly pedestrian mobility—as a guiding principle, so closely integrated with major infrastructure like public transportation. This initiative promises not only to redefine the standards of integrated urban planning but also to provide residents with direct and privileged access to public transit, no matter where they are located within the community. This MACH/Transgesco partnership would not have been possible without the adoption of Bill 61 last December, which permits transport companies to partner with third parties for the construction of real estate projects and establish subsidiaries for this purpose. This initiative will capitalize on the increased real estate values around metro stations, while generating new revenue streams to enhance public transportation services. "This pioneering model demonstrates how metro stations can serve as catalysts for urban transformation, integrating coherent territorial development," emphasized Mr. Arbour. Phase 1 will include five residential towers totaling 1,000 housing units (condominiums and rentals) and 250 social and community housing units dedicated to students. It will also feature a 75,000 square foot cultural centre composed of a library, multifunctional rooms, and a 250-seat performance hall, which will be arranged around a public square centred on the future metro station. All gentle mobility paths of the project converge towards this square. Completion of this phase is expected to coincide with the opening of the new station, scheduled for 2031. "This initial milestone underscores the commitment to developing a comprehensive, vibrant, and diverse neighbourhood centred around the principles of sustainable mobility, service accessibility, and mixed-use development, featuring five residential towers," added Mr. Arbour. The Groupe MACH project is at the heart of the strategic sector of the Master Land Use and Development Plan (PDAD) for the Langelier neighbourhood, prepared through a collaboration between the City of Montreal and the borough of Saint-Léonard. Other Highlights The other highlights of this project are as follows: The development of over 400,000 square feet of new green spaces, including a public park of more than 200,000 square feet, of which 145,000 square feet will be donated by MACH, in direct continuity with the Boisé Jean-Milot (760,000 square feet) and an ecological pedestrian link connecting Félix-Leclerc Park (860,000 square feet). This will allow for the revitalization of the green corridor of the former Molson stream. The planting of over 1,000 large-scale trees elsewhere on the site, the development of landscaped swales along the streets, green roofs, as well as the creation of a public square and two urban promenades. The creation of an urban neighbourhood centred around the square offering shops and services to residents. This square, focused on the metro station, will host a cultural centre with a library and a performance hall, enhancing cultural potential and making the neighbourhood attractive and lively. Underground, this square will accommodate a large commercial area and parking spaces. The development of a network of continuous pedestrian paths, secure bike lanes, and seamless routes linking shops, residences, and public and community spaces. This network permits individuals to traverse the entire area and reach the metro station within eight minutes on foot. About Groupe MACH A leader in Canadian real estate for 25 years, Groupe MACH manages a diverse portfolio of over 250 properties totaling more than 45 million square feet. As an owner, developer, and manager, MACH is recognized for creating sustainable and inclusive living and working environments. Its portfolio includes iconic buildings such as the Sun Life Building, 1000 De La Gauchetière, and Place Victoria in Montreal, and Place de la Cité in Quebec City. MACH also owns 14 shopping centres and three major mixed-use developments, including the Quartier des lumières and the LANGELIER Project. With more than 500 employees, Groupe MACH manages over 6,000 residential units and plans to develop 10,000 additional units over the next 10 years. The company adheres to the highest governance and sustainable development standards, integrating responsible management principles into each of its projects. Its ongoing commitment to innovation and excellence makes it a key player in the Canadian real estate sector.
Associated Press
21-04-2025
- Business
- Associated Press
Arch Finance Opens Miami Office to Expand Professional Access to Crypto Ecosystem for Institutional Investors
New office aims to provide wealth managers, family offices, and institutional investors with diversified exposure and expert advisory services in digital assets 'The digital asset market is evolving rapidly, and institutional investors need trusted partners to navigate this complexity'— Nicolás Jaramillo, CEO Arch Finance MIAMI, FL, UNITED STATES, April 21, 2025 / / -- Arch Finance, a leading crypto asset management platform with over five years of digital asset market experience, announced the opening of its new office in Miami today. This strategic expansion will bring Arch Finance's professional crypto investment solutions and advisory services closer to institutional investors, wealth managers, and family offices in South Florida and Latin America. Nicolás Jaramillo is personally leading this expansion effort, bringing his expertise and leadership to the U.S. market to directly oversee Arch Finance's growth and operations in the country. Founded in 2020, Arch Finance specializes in building diversified investment products across different verticals of the crypto ecosystem, allowing investors to gain exposure to Bitcoin and the full breadth of digital assets. Arch Finance is currently ranked among the Top 10 crypto asset managers worldwide, according to the global ranking published by DeFi Llama. In addition, Arch Finance offers tailored advisory services for traditional crypto investments, including ETFs and direct holdings, enabling investors to make informed decisions supported by seasoned experts. The company specifically caters to institutional investors and family offices seeking professional and diversified access to digital assets beyond conventional ETF exposure. This expansion comes as the crypto ecosystem is experiencing renewed growth, driven in part by recent political and regulatory developments in the United States. Donald Trump's return to the political stage and his public support for crypto initiatives—including the creation of a Bitcoin reserve fund and increased regulatory clarity—have contributed to a more favorable environment for institutional adoption. 'We see increasing demand from institutional investors seeking professional and diversified access to the crypto market. Miami's strategic location and growing relevance in the digital asset space make it the ideal hub to serve clients in Florida and across Latin America,' explained Nicolás Jaramillo, Founding Partner of Arch Finance. 'The digital asset market is evolving rapidly, and institutional investors need trusted partners to navigate this complexity' added Jaramillo. 'With our Miami presence, we are committed to delivering the tools, products, and expertise necessary to help investors access the full potential of the crypto economy.' About Nicolás Jaramillo Nicolás Jaramillo is the Founding Partner of Arch Finance. He previously led the creation of MACH, one of the largest digital banks in Chile backed by Bci Bank. Jaramillo has been acknowledged for his contributions to financial innovation and digital transformation in the region, including being named among the '100 Young Leaders' in Chile. He holds an MBA from IESE Business School, University of Navarra, one of Europe's leading business schools. About Arch Finance Arch Finance is a crypto asset management platform that builds diversified investment products across multiple crypto verticals. Since 2020, Arch Finance has been providing institutional investors, wealth managers, and family offices with professional, secure, and informed access to the digital asset market. The company also offers advisory services to help clients manage their crypto exposure effectively. Arch Finance is currently ranked among the Top 10 crypto asset managers globally, according to DeFi Llama, reflecting its leadership and sustained recognition in the industry. Nicolas Jaramillo Arch Finance [email protected] Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Forbes
27-03-2025
- Business
- Forbes
Vtex CEO: E-Commerce Needs A New Pragmatism
A group of Black Friday online shopping purchases photographed in delivery boxes filled with ... More polystyrene packing pellets, taken on September 13, 2019. (Photo by Neil Godwin/Future Publishing via Getty Images) Monoliths mushroomed. As we worked through the pre-cloud age of networking prior to the millennium, the desire to build bigger IT systems on the shoulders of the mainframe era that could handle massive computing tasks was widely lauded as a positive. Gargantuan is good, they said. But with great power comes great responsibility for maintenance, security and management. Plus of course there's a commensurate trade-off in terms of nimble and agile flexibility, something which cloud was inherently designed to address, whether it ever really delivered on that promise or not. As we started to realize the 'bigger they are, the harder they fall' reality in monolithic platforms, the IT industry championed the rise of microservices, application programming interface driven technologies capable of interconnecting like Lego, cloud-native composability and the use of so-called 'headless' architectures. For completeness here, let's remind ourselves that headless software engineering principles decouple the front-end graphical user interface from the back-end business logic and data that an application lives on so that back-end components can be developed and changed more easily and front-end delivery of the application can be shared over a wider number of form factors and endpoints. Listing those key factors again, that was microservices (M), application programming interfaces (APIs), cloud-native (C) and headless (H), which gives us MACH. Formalized into a codified movement by the MACH Alliance, this body has a special focus on ecommerce applications and exists to promote the development of flexible enterprise tech stacks. That flexibility comes from the fact that each component is modular, scalable and easily replaceable. According to its founders, this allows for continuous improvement through agile development, ensuring the technology can adapt to evolving business needs. But not everyone is sold on MACH principles for all perpetuity. Aiming to plant an opinionated stake in this space is Mariano Gomide de Faria in his role as founder of Vtex, a composable commerce platform that aims to buck some of the notions put forward by MACH advocates. Calling out the 'sea of APIs' that he suggests some software engineers are drowning in as a result of previous approaches to composable structures, Gomide de Faria says that developers are struggling to maintain data consistency across an ever-expanding ecosystem. As a result of all this complex coding and integration, the Vtex leader says the average retailer's IT team can start to look like a stodgy software firm. Given that many retailers exist on single-digit margins, they cannot afford massive code teams. In today's world of persistent inflation and relentless competition. According to Gomide de Faria and team, what initially seemed cost-effective has revealed itself as a financial black hole, with multiplying expenses across development, maintenance and operations across a labyrinth of disconnected tools. The Vtex leader says that the principles laid down thus far by MACH devotees can lead to live production environments with data replication issues, which could allow multiple ecommerce and/or retail organizations to access sensitive customer information. Without loosely coupled but well-secured integrations, the suggestion here is that the promise of AI-driven innovation remains elusive. Gomide de Faria reminds us that today, retailing and social selling move way too fast for complex architectures. Agility matters when a typical e-commerce platform has to cope with everything from legacy data feeds to incorporating the latest in-app social selling on TikTok, Instagram and so on. Although he's calling out MACH for what he thinks is its proclivity for bloated clunkiness, Gomide de Faria isn't wholly negative about the shape of this technology methodology, but he is resoundingly direct. 'Here's the inconvenient truth: MACH principles are no longer special; they're table stakes for modern web application development. The future lies in MACH-based architectures that are pragmatic," he said. To his mind, these architectures need to be ones when there's a clear and measurable return on investment; where they are outcomes-oriented with clear key performance indicators and business objectives; human-centic for end users, developers, digital marketers and merchandisers; and also flexible but practical with modularity where it matters and standardization where it simplifies. In terms of recent affirmation for its technology proposition, Amazon Web Services has noted that Vtex has earned the AWS Consumer Goods Competency designation. This recognizes its expertise in delivering validated solutions to help consumer goods brands overcome operational challenges within the industry. In terms of usefulness, AWS Specializations & Competencies are designed to help customers find a short list of trusted cloud technology partners with expertise whose knowledge, services and solutions have been validated by AWS. The company was named 'challenger' in the 2024 Gartner Magic Quadrant for Digital Commerce report. CEO Gomide de Faria said the time that, 'We're not just a growth partner for brands thriving in the most demanding markets; we're setting the standard as the commerce platform for grownups. Our journey from navigating some of the world's most complex markets to powering the U.S. digital commerce for brands like Colgate, Stanley Black & Decker, U.S. Electrical Services Inc., Hearst and more have shaped our approach.' There's a buzzphrase circulating around the Vtex team and its one that the software engineers behind Vtex appear to be quite passionate about: OOTB connection, which stands for out-of-the-box connectivity and it means technology that works a this level as a connections backbone that provides for sustainable business-driven ecommerce solutions. Gomide de Faria's no holds barred commentary is underlined by his insistance that, 'The most elegant [information technology] architecture is the one that delivers results." He is averse to any architecture that adheres blindly to what he calls 'ideological purity' for the sake of it. While we may not all have been sat around wondering when and how ecommerice platform backbones were about to be reinvented so that we truly shrug off the age of monolithic systems, we have all for sure been frustrated by online shopping applications that appear clunky and disconnected. It's time to head for the sales.
Zawya
26-03-2025
- Business
- Zawya
Agility Global PLC reports FY 2024 net profit of $128mln
RELATED TOPICS EARNINGS RELATED COMPANIES Tristar Group DB Cargo (UK) Shell Dsv FY 2024 (Million USD) FY 2023 (Million USD) Variance (%) Revenue 4,507 3,936 14.5% EBITDA 711 606 17.4% EBIT 404 333 21.4% Net Profit 128 50 152.8% EPS (cent) 1.25 0.49 155.1% Nmbers are rounded. ABU DHABI – Agility Global PLC, a multi-business owner and operator and long-term investor, today reported full year 2024 results. Earnings were $128 million, or 1.25 cents per share. EBIT grew 21.4% to $404 million, and revenue increased 14.5% to $4,507 million. Agility Global Chairman Tarek Sultan said: 'The past year was an exciting one for Agility Global. With the May 2024 listing of our company on the dynamic, fast-growing Abu Dhabi Securities Exchange, we entered a new era of growth. Our three largest operating businesses – Menzies Aviation, Tristar Group and Agility Logistics Parks – took important steps to strengthen their market-leading positions by expanding their footprint and acquiring new customers. Our investment segment reported an increase in the carrying value of our portfolio in 2024, driven by the price appreciation of our largest investment, DSV, following announcement of its planned acquisition of DB Schenker making DSV the world's largest freight forwarder and logistics provider.' Dividends In December 2024, the company paid $65 million in cash as interim dividends for 2024. And in-line with the Company's guidance, the board has now recommended distributing another $65 million as cash dividends for the financial year 2024. That recommendation will be submitted to the General Assembly for approval. This will bring the total cash dividends for 2024 to $130 million. FY 2024 Performance Controlled Segment For FY 2024, the consolidated EBIT of the controlled businesses was $391 million; EBITDA was $698 million; and revenue was $4.5 billion. This reflects increases of 13.7%, 13% and 15%, respectively, over 2023. Aviation Services: Menzies Menzies Aviation revenue reached $2.6 billion in 2024, representing 20% growth from 2023. This growth was mainly driven by increase in volumes as a result of new operations launched during 2024. New operations include an acquisition in Portugal, seven new licenses in Spain, expansion into Serbia, a new cargo facility in Bengaluru, India, and new operations at other locations across the globe. Over the same period, EBITDA grew by 20% with almost all material divisions and service lines showing growth. In addition to the new operations Menzies also successfully negotiated contract renewals with key customers; was awarded a new state-of-the-art cargo facility at the Western Sydney Airport; and rolled out new cargo software (MACH) at 20 airports. Menzies has had a strong start to 2025 with growth in ground handling, cargo and fueling operations across its 300-airport network in 65 countries. Fuel Logistics: Tristar Tristar, a fully integrated fuel logistics business, delivered strong performance during 2024. Revenue was $1.2 billion, an increase of 11.8%. EBITDA reached $255 million, and EBIT was $152 million, increases of 16.8% and 29.7%, respectively, over 2023. The top line growth was mainly driven by the start of new Sri Lanka retail fuel business, where Tristar received a license to operate 150 Shell-branded fuel stations for a 20-year period. Tristar group has healthy pipeline of growth opportunities, especially in infrastructure capacity building. Those opportunities are predominately related to the Maritime and Fuel storage business. Industrial Real Estate: Agility Logistics Parks Agility Logistics Parks (ALP), a leading developer of warehouse parks and light industrial facilities, reported revenue of $52 million an increase of 13.2%, EBIT stood at $67 million including the IP revaluation gain of $30 million. Adjusting for the IP revaluation in both periods EBIT showed a 25% increase. Strong demand for world-class warehousing in fast-growing MENA markets is fueling the growth of ALP, especially in Saudi Arabia. During 2024, ALP kicked off the construction of the Jeddah logistics park that was previously announced. ALP Saudi Arabia also announced development of more than 100k SQM of warehousing space in Riyadh. ALP will continue to look for opportunities in the markets where it operates and in new potential markets. Investment Segment Agility Global holds non-controlling minority stakes in a number of businesses, both listed and non-listed. As of 31 December 2024, the carrying value of those stakes was roughly $5.3 billion an increase of $815 million from December 31, 2023. The largest holdings in this segment are in DSV and Reem Mall. DSV is a Copenhagen-based logistics company and is expected to become the world's number one freight forwarder when it completes its acquisition of DB Schenker, based in Germany. Agility Global owns 19.3 million shares of DSV today, making it one of the Denmark-based company's largest shareholders. Reem Mall - Agility Global is an investor in Reem Mall on Abu Dhabi's Reem Island. Agility Global's stake in Reem Mall consists of equity and convertible debt. The mall had a soft opening to the public in February 2023 and launched formally in May 2024. To date, 194 units are trading, and almost 80% of Gross Leasable Area (GLA) is committed. More tenants are expected to announce openings in coming months. The mall is one of the region's first, fully integrated omnichannel retail ecosystem with digital, e-commerce, and logistics capabilities. It brings together all consumer and retail services to ensure a seamless customer experience. Recap of Agility Global FY 2024 Financial Performance Revenue increased 14.5% to $4.5 billion. EBITDA increased 17.4% to $711 million, with 15.8% margins. EBIT increased by 21.4% to $404 million, with 9% margins. Net profit reached $128 million, equivalent to 1.25 cent per share. Agility Global enjoys a healthy balance sheet with $11.8 billion in assets and USD 5.6 billion in total equity attributable to the equity holder of the parent company. Agility Global's largest investment, which is DSV, represents around 35% of the total assets. The company's net debt (excluding lease liabilities) was $2.5 billion. Most of the debt is a result of a funded equity collar on the back of some DSV shares. Operating cash flow was $627 million for 2024. Agility Global spent $197 million in net CAPEX and investments during the year. -Ends- About Agility Global Agility Global is a multi-business operator and long-term investor in global and regional businesses. Its portfolio of diversified international assets includes the world's largest aviation services company (Menzies Aviation); a global fuel logistics business (Tristar); a leading logistics parks developer and operator across the Middle East, Africa, and South Asia (Agility Logistics Parks); and other businesses in digital logistics, e-commerce logistics, remote-site services, and public-sector logistics. It holds minority stakes in DSV, the world's third-largest freight forwarder; Reem Mall, a mega-mall in Abu Dhabi; commercial real estate and supply chain companies in the GCC, and emerging technology companies in e-commerce enablement, energy transition, digital supply chain, and more. Agility Global has a global footprint across six continents and 70 countries, with a workforce of 60,000 employees. It is publicly listed on the Abu Dhabi Securities Exchange (ADX). For more information about Agility Global, visit
