Latest news with #AliDhaif
CairoScene
26-02-2025
- Business
- CairoScene
Bahrain-Based Parcel Expands Smart Delivery Services to Saudi Arabia
Parcel is now expanding to Riyadh with a tech-driven platform that connects businesses to on-demand drivers. Feb 26, 2025 Parcel, a company in the Hope Ventures portfolio, has announced its expansion into Saudi Arabia after extending its delivery services to over 3,000 businesses in Bahrain. Founded in 2019, Parcel connects businesses to a network of on-demand drivers via its digital platform, providing a more cost-effective solution for companies that want to avoid managing their own fleets or hiring full-time drivers. 'In Riyadh, we're taking the first step in bringing our solutions to a new market,' Ali Dhaif, CEO of Parcel, said. 'Our goal is to provide businesses with the tools to streamline their delivery operations while cutting down on overhead costs.' Since launching, the Bahrain-based startup has completed over 1.5 million deliveries, helping businesses reduce costs and simplify logistics. As e-commerce and the demand for faster deliveries continue to grow across the region, more businesses are looking for flexible delivery solutions. The last-mile delivery market in Saudi Arabia has been experiencing significant growth, driven by the expansion of the e-commerce sector and increased trading activities. In 2020, the market was valued at approximately $285.3 million and is projected to reach $520.9 million by 2030, registering a compound annual growth rate (CAGR) of 6.3% from 2021 to 2030. This growth presents a substantial opportunity for logistics companies like Parcel to offer new delivery solutions in the region.
Zawya
24-02-2025
- Business
- Zawya
Bahrain's digital logistics platform Parcel enters Saudi market
Parcel, a Hope Ventures portfolio company that has revolutionised delivery services for 3,000 businesses in Bahrain, has announced its expansion into Saudi Arabia. Parcel offers businesses a smart alternative to hiring full-time drivers or managing delivery fleets. Through its digital platform, the company connects businesses to a network of reliable on-demand drivers, providing a more cost-effective and efficient solution than traditional delivery methods, said a statement from the company. Since its launch, Parcel has been instrumental in supporting Bahrain's local businesses by simplifying their delivery operations, helping them grow, and saving costs. The platform's success in completing over 1.5 million deliveries highlights its reliability and the strong demand for its tech-driven logistics solutions, said its top official. "Our mission has always been to empower businesses with simple, tech-driven solutions. By entering Riyadh, we're taking the first step in sharing our vision with the region, providing businesses with the tools to streamline their operations, reduce overheads, and enhance customer satisfaction," reamrked its CEO Ali Dhaif. "Through parcel, businesses can access an extensive network of driver on-demand avoiding the need to hire and manage their own fleets. It is an easy-to-use platform that is tailored to support businesses of all sizes in their growth journey," he added. Fajer Alpachachi, General Manager of Hope Ventures, said: "I'm thrilled about Parcel's entry into the KSA market. The company has demonstrated remarkable growth and traction since our initial investment, which is a testament to the founders' exceptional capabilities and the strong strategic support they have received from their shareholders." "This investment highlights Hope's pivotal role in accelerating business expansion into new markets, fostering regional success stories," she added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Yahoo
21-02-2025
- Business
- Yahoo
Parcel: Bahrain's Leading Digital Logistics Platform Expands to Riyadh
MANAMA, Bahrain, Feb. 21, 2025 /PRNewswire/ -- Parcel, a Hope Ventures portfolio company, is excited to announce its expansion into Riyadh, Saudi Arabia. This milestone marks a major achievement for the company, which has revolutionized delivery services for over 3,000 businesses in Bahrain and completed more than 1.5 million deliveries for small businesses and restaurants. Parcel offers businesses a smart alternative to hiring full-time drivers or managing delivery fleets. Through its digital platform, Parcel connects businesses to a network of reliable on-demand drivers, providing a more cost-effective and efficient solution than traditional delivery methods. Ali Dhaif, Chief Executive Officer of Parcel, said: "Our mission has always been to empower businesses with simple, tech-driven solutions. By entering Riyadh, we're taking the first step in sharing our vision with the region, providing businesses with the tools to streamline their operations, reduce overheads, and enhance customer satisfaction." He further added: "Through parcel, businesses can access an extensive network of driver on-demand, avoiding the need to hire and manage their own fleets. It is an easy-to-use platform that is tailored to support businesses of all sizes in their growth journey." Fajer Alpachachi, General Manager of Hope Ventures, said: "I'm thrilled about Parcel's entry into the KSA market. The company has demonstrated remarkable growth and traction since our initial investment, which is a testament to the founders' exceptional capabilities and the strong strategic support they have received from their shareholders. This investment highlights Hope's pivotal role in accelerating business expansion into new markets, fostering regional success stories." Since its launch, Parcel has been instrumental in supporting Bahrain's local businesses by simplifying their delivery operations, helping them grow, and saving costs. The platform's success in completing over 1.5 million deliveries highlights its reliability and the strong demand for its tech-driven logistics solutions. Parcel's expansion to Riyadh reflects Bahrain's vision of exporting successful ventures and Bahraini talent to regional markets. With strong government support, advanced infrastructure, and a thriving entrepreneurial environment, Bahrain has become a hub for Startups expanding across the region. Parcel is proud to showcase Bahrain's competitiveness on this journey. Photo: View original content to download multimedia: SOURCE Hope Ventures Sign in to access your portfolio
Trade Arabia
17-02-2025
- Business
- Trade Arabia
Bahrain's digital logistics platform Parcel expands to Riyadh
Parcel, a portfolio company of Bahrain-based Hope Ventures, has announced its expansion into Riyadh, Saudi Arabia. This marks a major achievement for the company, which has revolutionised delivery services for over 3,000 businesses in Bahrain and completed more than 1.5 million deliveries for small businesses and restaurants. Parcel offers businesses a smart alternative to hiring full-time drivers or managing delivery fleets. Through its digital platform, Parcel connects businesses to a network of reliable on-demand drivers, providing a more cost-effective and efficient solution than traditional delivery methods. Ali Dhaif, Chief Executive Officer of Parcel, said: 'Our mission has always been to empower businesses with simple, tech-driven solutions. By entering Riyadh, we're taking the first step in sharing our vision with the region, providing businesses with the tools to streamline their operations, reduce overheads, and enhance customer satisfaction.' He further added: 'Through parcel, businesses can access an extensive network of driver on-demand avoiding the need to hire and manage their own fleets. It is an easy-to-use platform that is tailored to support businesses of all sizes in their growth journey.' Fajer Alpachachi, General Manager of Hope Ventures, said: 'I'm thrilled about Parcel's entry into the KSA market. The company has demonstrated remarkable growth and traction since our initial investment, which is a testament to the founders' exceptional capabilities and the strong strategic support they have received from their shareholders. This investment highlights Hope's pivotal role in accelerating business expansion into new markets, fostering regional success stories.' Since its launch, Parcel has supported Bahrain's local businesses by simplifying their delivery operations, helping them grow, and saving costs. The platform's success in completing over 1.5 million deliveries highlights its reliability and the strong demand for its tech-driven logistics solutions, the company said. Parcel's expansion to Riyadh reflects Bahrain's vision of exporting successful ventures and Bahraini talent to regional markets. With strong government support, advanced infrastructure, and a thriving entrepreneurial environment, Bahrain has become a hub for Startups expanding across the region. Parcel is proud to showcase Bahrain's competitiveness on this journey, it added. – TradeArabia News Service
