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  1. Mubasher News
  2. Paradigm Cargo aims to secure $500,000 to fuel its Saudi expansion

Paradigm Cargo aims to secure $500,000 to fuel its Saudi expansion

GHADA.ISMAIL
Oct 1, 2024
Paradigm Cargo aims to secure $500,000 to fuel its planned expansion in Saudi Arabia

Cairo – Sharikat Mubasher: Paradigm Cargo, a globally positioned freight forwarding company based in Egypt, specializing in tailoring logistical solutions for a diverse array of industries is planning to expand in Saudi Arabia.

Abdullah Radwan, CEO and Co-founder of Paradigm Cargo told Followict.com that the company is seeking to secure fresh capital for further expansion in Egypt, to be followed by a broader one in Saudi Arabia by the second half of 2025.

For this purpose, Paradigm Cargo hopes to secure $500,000 for the coming fundraiser in order to fuel the planned expansion.

Radwan added that the company managed to attract over 150 clients including importing or exporting companies, and is currently leading a successful business model that mainly aims to expand into new areas locally and globally.

The CEO added that Paradigm Cargo seeks to secure a bigger share of the market, to reach 1000 clients, aiming to completely digitalize logistic operations and build up an integrated system in the Egyptian logistics sector, hoping to be able to eliminate the manual systems that are still widely adopted among individuals in the sector.

Paradigm Cargo is a registered LLC in Egypt. P.C. serves as a freight forwarder globally connected to +30,000 freight partners worldwide and provides its services to/from +160 destinations.

 

 

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expansion
Saudi Arabia
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