logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  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.

 

 

Tags

Paradigm Cargo
expansion
Saudi Arabia
logistics
Share

Attract clients with your ad

Start Now

Trending

Backed by NHC, Mountain View expands Saudi portfolio with 2nd Riyadh Project
MUBASHER
Qewam Holding acquires Iwan Ventures, launches new Q Fund
Riyadh – Sharikat Mubasher: Qewam Holding acquired Iwan Ventures, a SAR 50 million venture capital fund, in a move that strengthens its role in shaping the region’s innovation and startup landscape.Following the acquisition, Iwan Ventures will rebrand as Q Fund, becoming Qewam’s dedicated and independent investment arm, according to a recent press release.Despite its autonomy, Q Fund will tap into Qewam’s AI-driven infrastructure, venture-building capabilities, and strategic network to accelerate the growth of high-potential startups. The fund will focus on supporting founders with both capital and hands-on operational expertise.Lewa Abukhait has been appointed CEO of Q Fund, bringing significant experience in venture capital and ecosystem development. He said the new fund represents an evolution in Saudi Arabia’s entrepreneurial landscape, combining capital, infrastructure, and expertise to help founders build scalable businesses.Sami AlKhlout, COO of Qewam Holding, noted that the initiative reflects a founder-first philosophy, while Wael Altorabi, Qewam CEO, emphasized that Q Fund will blend local insight with advanced AI tools to back ventures aligned with Vision 2030.The launch of Q Fund underscores Qewam’s commitment to building a robust environment for startups, offering long-term support to help founders move from idea to scale.
Nabta closes $2mn pre-Series A round to revolutionize women’s healthcare
MUBASHER
EVC partners with PaySky to develop new super app for pilgrims
MUBASHER.SA
KAUST startups raise over $1bn in investment
MUBASHER.SA

Related News

Private Equities News
Calendar Icon
Nov 17, 2025
Backed by NHC, Mountain View expands Saudi portfolio with 2nd Riyadh Project
Read More
Private Equities News
Calendar Icon
Nov 17, 2025
Qewam Holding acquires Iwan Ventures, launches new Q Fund
Read More
Private Equities News
Calendar Icon
Nov 17, 2025
EVC partners with PaySky to develop new super app for pilgrims
Read More
Private Equities News
Calendar Icon
Nov 17, 2025
KAUST startups raise over $1bn in investment
Read More
Private Equities News
Calendar Icon
Nov 17, 2025
Cityscape Global 2025 Opens in Riyadh with 170,000 Expected Visitors
Read More
Private Equities News
Calendar Icon
Nov 17, 2025
Grintafy becomes exclusive talent discovery partner for World Football Summit
Read More
Private Equities News
Calendar Icon
Nov 17, 2025
Transport Minister opens SAR 611 mn Agility Logistics Park in Jeddah
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher