Agility, a leading global logistics provider, has been ranked number 65 on Forbes’ recently released 2014 Top 500 Companies in the Arab World while claiming the number two rank in the magazine’s 15-company transport sector.

The Forbes ranking is further recognition of our achievements in providing an exceptionally high level of service and customer-specific logistics planning and execution to our customers in the Middle East and around the world,” said Tarek Sultan, chief executive officer of Agility.

Publicly listed companies from 11 Middle East countries are represented on the list, which was compiled using financial statements that the companies filed with regional stock markets in 2013. Criteria considered when producing the list include total revenue, net profits, total assets, and market capitalization.

Companies based in GCC dominated the rankings, while Saudi firms occupied more than one-fifth of the list and Kuwait-based companies comprised the second largest number. – TradeArabia News Service