Daily News Egypt

En2l to inject new investments worth $500,000 into Egyptian market - Daily News Egypt

Advertising Area




Advertising Area




En2l to inject new investments worth $500,000 into Egyptian market

New service allows transfer of furniture between Egyptian cities, governorates


En2l, an application and online website and transportation service provider, announced its intention to increase the company’s capital by $500,000 and expand the size of its transport fleet to 1,250 vehicles during the coming period.

Ahmed Sabri Darwish, founding chairperson of En2l, said that the founding partners decided to increase the company’s capital this year, as part of the company’s plan to enlarge its business in the Egyptian market up to $5m next year, in partnership and cooperation with regional funds. He added that the company aims to increase its fleet of vehicles, develop transport services, add new services, such as transportation of furniture inside and outside of Egypt, other than the main services of transporting heavy and light cargo cars and cranes. En2l save a lot of time for its customers through different types of payment, including credit cards and cash.

In a press statement, Darwish revealed that the company successfully completed testing of its new service named ‘Virtual Participation’ for the first time in Egypt and the Middle East. The new service allows the transfer of furniture between Egyptian cities and governorates to more than one customer using the same vehicle, saving a lot of time and costs.

He explained that each vehicle is divided into several virtual units to reduce the cost to the customers of the company, where each unit (with an area of ​​50 cm length by 50 cm in width by 50 in height) costs $11, a maximum of EGP 199. A single furniture transport vehicle will be divided into 20 to 25 units. En2l started to operate in Cairo, Giza, Alexandria, and Ain El-Sokhna, offering competitive prices lower than other transportation companies in Egypt. 

https://www.dailynewsegypt.com/2018/08/14/en2l-to-inject-new-investments-worth-500000-into-egyptian-market/
Breaking News

No current breaking news

Receive our daily newsletter
Subscribe