Egypt’s logistics firm Bosta opens Riyadh office; Eyes MidEast expansion

Egypt’s logistics firm Bosta opens Riyadh office; Eyes MidEast expansion

Bosta, Egypt-based leading logistics company, has opened its first office in Riyadh, marking the official launch of its business in Saudi Arabia. This new office comes as part of the firm’s plan to expand its network across the Middle East.

Launched in 2017, Bosta is an overnight delivery provider for eCommerce companies in Egypt. The company aims to disrupt the logistics industry by bringing technology and experience altogether to provide a one-stop shop for delivery solutions.

The new expansion comes in parallel with Bosta’s great success in raising a new investment round (Pre-Series B) through regional and global investors led by Khwarizmi Ventures, along with other current investors in addition to Hassan Allam Holding, the company stated.

The opening of the new office is also in line with the Saudi Vision 2030 initiatives to support the local economy through various strategic programs aimed at business owners and entrepreneurs.

Commenting on the expansion, Mr. Mohamed Ezzat, CEO of Bosta said that the opening of the new office in Saudi Arabia is part of the company’s regional expansion strategy and is planning another launch in the region by the year-end.

“Our office in Riyadh is Bosta’s first venture in the Arab region, continuing our success that started