Sawiris-backed firm anchors Swvl’s USD 13 mn strategic raise

· Egyptian market news

Nasdaq-listed, Dubai-based mobility startup Swvl Holdings has entered into a definitive agreement for a USD 13 mn private placement press release

Proceeds are earmarked for three things:

The raise builds on real operating momentum. 1Q revenue rose

Worth watching: has flirted with Nasdaq delisting risk before

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