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Agility eyes emerging markets for expansion

Kuwait's Agility has unveiled plans to focus on the local and emerging markets in the coming stage to make up for the retreat of its main sector, defence and government services, Kuna has reported. Chairman and managing director Tarek Sultan told the company's general assembly the firm posted a net profit of KD25.11m for the full year 2010, which included net non operating adjustment of KD20.33m. The adjusted net profit stood at KD45.44m for the full year 2010. "The results are in line with our expectations," Sultan said.