Tarek Sultan | Gulf Business
  • العربية

65. Tarek Sultan

Vice chairman of Agility; chairman of Agility Global

Origin: Kuwait

Residence: UAE

Sector: Logistics

2024 Rank: 66

Sultan assumed leadership of the company in 1997 and has since spearheaded its worldwide growth, with more than 65,000 employees.

Agility, a supply chain services, infrastructure, and innovation company, reported Q3 2024 EBIT (earnings before interest, taxes, depreciation, and amortisation) of KD44.8m in November 2024.

This represented a 33 per cent increase from the same period a year earlier. Revenue for the same period stood at KD411m, marking a 14 per cent increase from Q3 2023.

The company’s third-quarter net profit stood at KD10.1m, or 4.04 fils per share.

Sultan is not only an active supporter of the World Economic Forum (WEF) but is also a steward of the WEF’s Stewardship Board for the Platform on Shaping the Future of Mobility and a governor of the WEF’s Supply Chain & Transport Industry Community.

 

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