The US invasion and occupation of Iraq may not have been popular in the Arab world, but it was the making of Agility, previously a small logistics company based in Kuwait.
The year before the 2003 invasion, Agility had revenues of $79m. By 2006, after winning lucrative contracts to supply the US Army with food and logistics services, sales jumped to $3.4bn.
“Their business before Iraq was mostly some warehousing and logistics, but then they got some major contracts from the US Army, which transformed the company,” says Kareem Murad, an analyst at Shuaa Capital.
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