Kuwait's Agility Public Warehousing, the Middle East's largest logistics firm, expects revenue to grow 20 percent in 2010 and may tap the bond market, Dow Jones reported.
"We think 2010 will be the year when we will return to growth as the global economy returns to growth and the story in emerging markets will be even better," said Tarek Sultan, the company's chairman and managing director.
"We're hoping revenue growth will be anything between 10 percent to 20 percent in 2010," he said.
Agility's second-quarter net profit rose 8.2 percent to 3 US$133 million from a year-earlier period due to the company's investments in emerging markets. |
