Truxapp projects $1bn in revenues by 2022

Truxapp boasts 20,000 trucks listed in the GCC.
Updated 10 January 2018
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Truxapp projects $1bn in revenues by 2022

Truxapp, a technology-enabled trucking and logistics provider, which has been working since 2015, is rapidly establishing itself as a market leader in the road freight and trucking sector.
Truxapp has aggregated over 350,000 trucks and over 200 corporate clients as a group with revenue projections of $1 billion by 2022, with over 40 percent of the revenues coming from the GCC alone.
The group entered the UAE market in 2017 to deliver seamless solutions to the logistics industry as demand grows at an exponential rate.
Truxapp already boasts 20,000 trucks listed in the GCC and growing along with a steady list of blue chip clients across various sectors.
According to a report by a leading global strategy consulting company, Saudi Arabia and UAE are the largest logistics markets in the GCC, with an estimated size of $55 billion and $30 billion respectively.
In addition, the addressable road transportation opportunity size across the GCC is $24 billion, and this is where technology in transportation logistics is becoming increasingly relevant.
With its highly advanced, user friendly, proprietary and customizable technology infrastructure, Truxapp is addressing the inadequate logistics and transportation models to support companies become more agile and responsive toward their customers’ needs.
As the UAE transitions toward a more economically diverse, knowledge-based economy, away from oil-related sectors, trade and freight volumes are expected to increase to match demand across all trade sectors, under a technology-driven shared resources solution.
Naseer Ahmed, co-founder and CEO for Truxapp, said: “While several industries are becoming digitally enabled, the logistics sector has largely been neglected, or not given the necessary attention, because of its complexities as a B2B service. Unlike technologies behind B2C ride-sharing companies, road freight has many more variables and a complete knowledge of the logistics sector is critical when developing a platform like Truxapp.
“Once appropriately established, digitally enabled trucking services can immensely support all industries as well as the drive toward seamless smart cities. Currently, the logistics is lagging, and this is affecting growth in many other sectors that depend on the efficient movements of goods.”
He said the UAE has a growing population with increased consumption and high-Internet penetration rates. The country is witnessing an expanding e-commerce sector, expected to reach $10 billion in the next two to three years. This is in addition to the overall increase in merchandise trade.


Many reasons to visit Four Seasons Hotel Cairo

Updated 25 June 2019
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Many reasons to visit Four Seasons Hotel Cairo

As the sun gets brighter and the nights get longer, summer in Cairo is a great opportunity to wake up everyday to marvel at views of the legendary Nile and the Cairo skyline. Four Seasons Hotel Cairo at Nile Plaza can be a good starting point to experience what Cairo has to offer this summer.

From centuries-old museums and galleries to music festivals and concerts, the concierge team of Four Seasons Hotel Cairo at Nile Plaza shares their favorite things to do this summer in the city:

Attend the citadel music festival

• Salah El-Din Citadel dominates Cairo’s skyline and was the nerve center of Egypt for almost 700 years. In August, the citadel will turn into an arts and culture center during its annual two-week music festival. Organized by Cairo Opera House, the festival hosts various art performances by local and international artists against the backdrop of the 12th-century citadel.

Soak up the sun with a cooling dip

• One of the best things about Cairo is the long morning hours. Take advantage and escape the heat in one of three rooftop swimming pools at Four Seasons Cairo at Nile Plaza. Lounge with a refreshing drink in hand and let the cooling breeze that follows blow away any thoughts you might have. 

Travel back in time with Cairo’s palaces

• When summer weather strikes, take your activities indoors and consider yourself royalty while exploring Cairo’s lavish palaces. From the masterpieces at Princess Aisha Fahmy Palace and the Manial Palace that tell the story of botanical eloquence and architectural grandeur, to Amir Taz Palace, Abdeen Palace and many more that tell stories of Cairo’s modern history.

Embrace the warm weather at the spa

• A hot summer day in Cairo is just the perfect time to set the mood for well-being at Four Seasons Spa. The spa offers treatments designed to prep and prime you to soak up that warm summer sun while reviving some of the pharaoh’s beauty secrets.

Spend an afternoon with the pharaohs

• Home to the world’s most extensive collection of ancient Egyptian antiquities, the 107-hall Egyptian Museum features an incredible 160,000 objects on display with artifacts spanning 5,000 years of the pharaonic era. To beat the summer heat, the museum opens late afternoon every Sunday and Thursday.

Get lost in Cairo’s 1000-year-old market 

• Few places in Cairo can match the energy of Khan El-Khalili market, especially in the evenings when the entire area is lit up with colorful lanterns. The hotel’s chief concierge Dalia Khalil recommends experiencing the essence of old Cairo and visiting the 240-year-old El-Feshawy café.

Cheer at the Africa Cup of Nations 2019

• Be part of the continent’s biggest football competition, as Egypt is hosting the 32nd Africa Cup of Nations from June 21 to July 19. The concierge team at Four Seasons Cairo at Nile Plaza can help with booking tickets and information.