DUBAI, United Arab Emirates, Nov. 21, 2024 (GLOBE NEWSWIRE) -- Swvl Holdings Corp ("Swvl" or the "Company") (NASDAQ:SWVL), a leader in technology-driven mobility solutions for enterprises and governments, announces that it has entered into a three-year contract with almajal G4S ("G4S"), a leading facility management provider in the Kingdom of Saudi Arabia. This collaboration will enable Swvl to deliver innovative SaaS-based mobility solutions that boost G4S's fleet efficiency, driving operational excellence and enhancing service quality across the Kingdom. The scope of this agreement covers operations across multiple cities in the Kingdom of Saudi Arabia, including Riyadh, Jeddah, and Dam

DUBAI, United Arab Emirates, Nov. 18, 2024 (GLOBE NEWSWIRE) -- Swvl Holdings Corp ("Swvl" or the "Company") (NASDAQ:SWVL), a leading provider of technology-driven mobility solutions for enterprises and governments, today announced its entry into a definitive agreement with certain investors, including several members of its board of directors, to purchase $4.7 million of ordinary shares (or their equivalent) in a private placement, at a purchase price of $4.79 per share (its closing price on November 15, 2024). The purchasers have agreed to lock up the securities purchased in the offering for a period of 6 months, and also to transfer less than 20 percent of the securities purchased for ea

DUBAI, United Arab Emirates, Nov. 15, 2024 (GLOBE NEWSWIRE) -- Swvl Holdings Corp ("Swvl" or the "Company") (NASDAQ:SWVL), a leading provider of technology-driven mobility solutions for enterprises and governments, announces that it won new contracts with total value of $4.2 million with key clients in Egypt over the past three months. These recently secured contracts with leading enterprises in strategic mobility sectors, including fast-moving consumer goods (FMCG), telecom, e-commerce, consumer goods, and banking, are expected to not only drive revenue growth but also showcase how Swvl's solutions are effectively addressing the diverse transportation needs of clients across various indu

DUBAI, United Arab Emirates, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Swvl Holdings Corp ("Swvl" or the "Company") (NASDAQ:SWVL), a leading provider of technology-driven mobility solutions for enterprises and governments, is excited to announce the launch of its regional headquarters (RHQ) in Riyadh, Saudi Arabia. This move is a key step in supporting the Company's long-term growth and profitability plans in the Gulf Cooperation Council (GCC) by leveraging the program's benefits and participating in government contract opportunities. Swvl is thrilled to be part of Saudi Arabia's Regional Headquarters (RHQ) Program, which aligns with Saudi Arabia's Vision 2030 goals to diversify the economy and b

DUBAI, United Arab Emirates, Sept. 17, 2024 (GLOBE NEWSWIRE) -- Swvl Holdings Corp ("Swvl" or the "Company") (NASDAQ:SWVL), a leading technology provider for enterprise and government mobility solutions, signed multiple new contracts in Saudi Arabia during the third quarter, contributing $2.6 million in incremental annual contract value, equal to approximately ten percent of Swvl's 2023 full year revenues. With these latest wins, Swvl's gross profit in Saudi Arabia grew by six times the amount compared to the first quarter of 2023. This growth aligns with Swvl's strategic focus on expanding its footprint in Saudi Arabia, its fastest growing market, offering a cutting-edge solution that add

DUBAI, United Arab Emirates, July 09, 2024 (GLOBE NEWSWIRE) -- Swvl Holdings Corp ("Swvl" or the "Company") (NASDAQ:SWVL), a leading technology provider for enterprise and government mobility solutions, has announced the closing of a 5-year contract with telecom giant e& Egypt, with approximate total value of up to $6.3 million. This represents a milestone in strengthening our footprint in the Egyptian market and solidifying our position as a leader in the mobility industry. e& Egypt is one of Egypt's top techo operators, it operates under the framework of e& Group, providing reliable services in telecommunications and information technology, all powered by a strong vision to become t

DUBAI, United Arab Emirates, May 30, 2024 (GLOBE NEWSWIRE) -- Swvl Holdings Corp ("Swvl" or the "Company") (NASDAQ:SWVL), a technology provider for enterprise and government mobility solutions with a global footprint, announces a successful closure of key sales with Holiday Inn Hotel and Siemens in Saudi Arabia & Bosch in Egypt. As part of Swvl's direction to resume growth, Swvl expands its client base across GCC and North Africa, strengthening its presence in profitable markets such as Saudi Arabia and Egypt. Swvl is excited to announce the successful closure of key sales with industry giants Holiday Inn and Siemens in Saudi Arabia, along with Bosch in Egypt. "These significant partners

8x Gross Profit growth year on year to $4.1 million Achieved cash flow positivity, with self-funded growth Profitable growth drove earnings per share from continuing operations to $0.61 Strong balance sheet with no debt and more than doubled the positive equity value compared to 2022 DUBAI, United Arab Emirates, April 30, 2024 (GLOBE NEWSWIRE) -- Swvl Holdings Corp ("Swvl" or the "Company") (NASDAQ:SWVL), a technology provider for enterprise and government mobility solutions with a global footprint, announces a significant achievement in its financial performance for the fiscal year 2023. The Company has successfully delivered positive net profit and cashflow for the full year.

DUBAI, United Arab Emirates, Dec. 27, 2023 (GLOBE NEWSWIRE) -- Swvl Holdings Corp ("Swvl" or the "Company") (NASDAQ:SWVL), a technology provider for enterprise and government mobility solutions with a global footprint, has proudly announced a significant milestone in its financial performance for the first half of the fiscal year 2023. The Company has achieved positive operating cash flow and net profits, which it believes demonstrates the successful completion of the portfolio optimization program initiated last year, off the back of the global economic and capital markets environment at the time. Swvl aims to maintain and further boost profitability while resuming its enhanced strategic

DUBAI, United Arab Emirates, Dec. 26, 2023 (GLOBE NEWSWIRE) -- Swvl Holdings Corp ("Swvl" or the "Company") (NASDAQ:SWVL), a global provider of transformative tech-enabled mass transit solutions, today reported that the Company received a letter (the "Letter") from the Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company is currently not in compliance with Nasdaq Rule 5450(a)(1), as the Company's closing bid price for its Class A ordinary shares (the "Ordinary Shares") was below $1.00 per share for the last 30 consecutive business days. The Nasdaq Stock Market Rules provide the Company a period of 180 calendar days to regain compliance. According to the Letter, the Company has u

-SEC

Swvl Holdings Corp ("Swvl" or the "Company") (NASDAQ:SWVL), a technology provider for enterprise and government mobility solutions with a global footprint, announces a successful closure of key sales with Holiday Inn Hotel and Siemens in Saudi Arabia & Bosch in Egypt. As part of Swvl's direction to resume growth, Swvl expands its client base across GCC and North Africa, strengthening its presence in profitable markets such as Saudi Arabia and Egypt. Swvl is excited to announce the successful closure of key sales with industry giants Holiday Inn and Siemens in Saudi Arabia, along with Bosch in Egypt.

Gainers Zoomcar Holdings (NASDAQ:ZCAR) stock moved upwards by 121.4% to $0.47 during Thursday's pre-market session. The company's market cap stands at $30.2 million. Greenwave Tech Solns (NASDAQ:GWAV) shares rose 52.28% to $0.12. The market value of their outstanding shares is at $18.0 million. As per the news, the Q1 earnings report came out 3 days ago. Expion360 (NASDAQ:XPON) shares increased by 14.36% to $1.99. The company's market cap stands at $14.8 million. Nuburu (AMEX:BURU) stock rose 8.38% to $0.15. The market value of their outstanding shares is at $5.9 million. Volato Group (AMEX:SOAR) stock increased by 8.21% to $1.58. The company's market cap stands at $46.2 million. Cadel

Gainers Ault Alliance (AMEX:AULT) stock moved upwards by 37.5% to $0.54 during Tuesday's pre-market session. The company's market cap stands at $16.2 million. As per the press release, Q1 earnings came out yesterday. Professional Diversity (NASDAQ:IPDN) shares increased by 15.53% to $0.87. The market value of their outstanding shares is at $9.9 million. As per the press release, Q1 earnings came out 4 days ago. Nocera (NASDAQ:NCRA) stock increased by 12.44% to $1.31. The company's market cap stands at $17.7 million. As per the press release, Q1 earnings came out 4 days ago. Swvl Hldgs (NASDAQ:SWVL) stock moved upwards by 11.24% to $9.79. The company's market cap stands at $66.4 million.

Gainers Nauticus Robotics (NASDAQ:KITT) shares increased by 5.7% to $0.2 during Friday's after-market session. The market value of their outstanding shares is at $12.3 million. Atmus Filtration Techs (NYSE:ATMU) stock rose 5.48% to $30.0. The market value of their outstanding shares is at $2.5 billion. The company's, Q1 earnings came out today. EnerSys (NYSE:ENS) shares increased by 4.99% to $97.94. The company's market cap stands at $3.9 billion. Simpple (NASDAQ:SPPL) stock rose 4.02% to $0.75. The company's market cap stands at $12.1 million. Sidus Space (NASDAQ:SIDU) shares moved upwards by 3.84% to $3.24. The company's market cap stands at $13.5 million. Knightscope (NASDAQ:KSCP) s

Gainers Swvl Hldgs (NASDAQ:SWVL) stock rose 26.0% to $14.43 during Thursday's pre-market session. The market value of their outstanding shares is at $97.9 million. Enovix (NASDAQ:ENVX) stock increased by 21.35% to $7.9. The company's market cap stands at $1.3 billion. As per the news, the Q1 earnings report came out yesterday. Hyzon Motors (NASDAQ:HYZN) shares moved upwards by 18.57% to $0.65. The company's market cap stands at $159.9 million. Perma-Fix Envirn Servs (NASDAQ:PESI) shares rose 12.96% to $12.43. The market value of their outstanding shares is at $169.8 million. C.H. Robinson Worldwide (NASDAQ:CHRW) stock increased by 10.15% to $79.41. The company's market cap stands at $9.

Gainers Solidion Technology (NASDAQ:STI) stock moved upwards by 24.2% to $2.61 during Wednesday's regular session. The company's market cap stands at $226.6 million. Powell Industries (NASDAQ:POWL) stock moved upwards by 22.25% to $174.82. The market value of their outstanding shares is at $2.0 billion. As per the news, the Q2 earnings report came out yesterday. Getaround (NYSE:GETR) stock increased by 15.24% to $0.23. The market value of their outstanding shares is at $21.7 million. Innovate (NYSE:VATE) stock increased by 14.0% to $0.8. The market value of their outstanding shares is at $68.1 million. Hyliion Holdings (NYSE:HYLN) shares moved upwards by 13.95% to $1.47. The company's m

Gainers Getaround (NYSE:GETR) shares increased by 67.7% to $0.34 during Wednesday's pre-market session. The company's market cap stands at $31.6 million. Powell Industries (NASDAQ:POWL) shares increased by 23.77% to $177.0. The market value of their outstanding shares is at $2.1 billion. The company's, Q2 earnings came out yesterday. YY Group Holding (NASDAQ:YYGH) stock moved upwards by 10.59% to $2.61. The company's market cap stands at $89.8 million. SKYX Platforms (NASDAQ:SKYX) shares moved upwards by 9.7% to $1.13. The market value of their outstanding shares is at $109.4 million. MingZhu Logistics Hldgs (NASDAQ:YGMZ) stock moved upwards by 7.85% to $0.46. The market value of their

Shares of H&E Equipment Services, Inc. (NASDAQ:HEES) fell sharply during Tuesday's session following mixed first-quarter results. H&E Equipment posted GAAP earnings of 71 cents per share, versus market estimates of 77 cents per share. The company's quarterly sales came in at $371.357 million versus expectations of $352.518 million, according to data from Benzinga Pro. H&E Equipment Services shares dipped 18.2% to $48.45 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Akili, Inc. (NASDAQ:AKLI) shares jumped 67.2% to $0.3927 after the company announced Shionogi has canceled and forgiven a $5.0 million long-term debt obligation and agreed to mak

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DUBAI, United Arab Emirates, May 23, 2023 (GLOBE NEWSWIRE) -- Swvl Holdings Corp ("Swvl" or the "Company") (Nasdaq: SWVL), a global provider of transformative tech-enabled mass transit solutions, announced today the appointment of Ayman Ismail Mohamed Ahmed to its Board of Directors. Mr. Ismail will serve as an independent member of the Board and assume the role of Chairperson of Swvl's Audit Committee. Mr. Ismail brings a wealth of experience and a distinguished career spanning over 30 years in leadership positions across multinational corporations. Notably, he served as the Founding Chairman of Egypt New Administrative Capital. His impressive track record includes a role as President

Robert W. Baird initiated coverage of Swvl with a rating of Outperform and set a new price target of $8.00

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