Saudi Arabia SWVL joins Saudi Arabia's regional headquarters scheme The mobility giant Swvl has joined Saudi Arabia's Regional Headquarters (RHQ) Programme and launched its HQ in the Saudi capital of... News • 15 October, 2024 Swvl mobility
Turkey After splitting from Swvl, Volt Lines raises carve-out round Turkey-based ride-hail company Volt Lines has closed its carve-out round, with a 30 per cent oversubscription, after splitting from... News • 23 March, 2023 Volt Lines Swvl Wamda Capital
Regional Why SWVL's acquisition of Volt Lines came to a halt In 2018, Lebanese entrepreneur Ali Halabi founded Volt Lines, a Turkey-based mobility startup targeting the corporate segment, enabling... Dunya Hassanein • 26 January, 2023 Swvl Volt Lines
Global SWVL slashes over 50 per cent of its workforce, shuts operations in Pakistan UAE-based mass mobility services provider, SWVL, has laid off over 50 per cent of its staff, in a recent round of layoffs conducted by... News • 28 November, 2022 Swvl
U.A.E More layoffs at SWVL as company risks delisting from NASDAQ Mirroring its global peers, Egypt-born and UAE-based mass mobility startup SWVL is bracing itself for drastic monetary belt-tightening... Dunya Hassanein • 24 November, 2022 Swvl mobility
Egypt SWVL launches clean mobility solutions in Switzerland Egypt-founded and UAE-based mobility startup Swvl, has expanded its services to Switzerland under the brand name, my Bux, where it... News • 05 October, 2022 Swvl Switzerland mobility
Global SWVL announces $20 million private placement Dubai-based mobility and transport solutions provider SWVL, has signed an agreement with US-based institutional investors for the sale and... Dunya Hassanein • 11 August, 2022 Swvl
Egypt SWVL suspends $100 million acquisition of UK’s Zeelo Dubai-headquartered transport and mobility solutions provider SWVL, has canceled the proposed acquisition of Zeelo, a... Dunya Hassanein • 01 August, 2022 Swvl
Global SWVL expands to Mexico with Urbvan acquisition UAE-based mobility services provider SWVL has acquired Urbvan, a Mexico-based mass mobility startup. Founded in 2016 by Renato Picard... News • 12 July, 2022 Urbvan Swvl
Global SWVL to lay off 32 per cent of its workforce, expects to turn profitable in 2023 Egypt-born and Dubai-headquartered mobility startup SWVL, announced plans to reduce its workforce by 32 per cent. The planned layoffs... News • 30 May, 2022 Swvl
Global SWVL acquires UK's Zeelo for $100 million Dubai-based mobility startup SWVL, has acquired UK-based B2B smart buses operator startup Zeelo, in a deal valued at $100 million. This... News • 29 April, 2022 Swvl
Regional SWVL acquires Turkish B2B mobility startup Volt Lines Dubai-based mobility startup SWVL, has acquired Turkey-based B2B mobility startup Volt Lines. Founded in 2017 by Aly Halabi, Volt... News • 26 April, 2022 Swvl
Egypt SWVL debuts on Nasdaq, sets initial offer price at $9.95 per share UAE-based mobility startup SWVL, has completed its SPAC merger with Queen's Gambit Growth Capital and began trading on the US NASDAQ... News • 31 March, 2022 Swvl Nasdaq mobility
Global SWVL acquires German mobility software startup door2door Dubai-based mobility startup SWVL, has acquired Berlin-based public mobility solutions provider door2door for an undisclosed... News • 27 March, 2022 Swvl
Global SWVL to invest $15 million to scale its operations in Argentina Dubai-based mobility startup SWVL announced that it will invest up to $15 million to ramp up its operations in the Argentinian... News • 17 March, 2022 Swvl
Global SWVL raises additonal $21.5 million in PIPE funding UAE-based mobility solutions provider SWVL has raised an additional $21.5 million in private investment in public equity (PIPE) deal as... News • 03 February, 2022 Swvl
Egypt Has the Egyptian startup ecosystem “made it”? Michel Assaad is a startup mentor and the vice president of Europe, Middle East and Africa strategy at Citi Bank.The views expressed below... Thought Leadership • 13 December, 2021 fawry Swvl Vezeeta
U.A.E UAE’s Swvl expands into Latin America by acquiring Argentina's Viapool UAE-based Swvl has entered the Latin American mobility market by acquiring a controlling stake in Argentina's Viapool for... News • 17 November, 2021 Swvl Latin America
Global Swvl to enter Spanish market via Shotl acquisition The UAE’s latest unicorn Swvl, has agreed to buy Spain-based Shotl, an on-demand shuttle-booking platform according to... News • 19 August, 2021 Swvl acquisition
Egypt Swvl considers listing on Egyptian Exchange in 2022 UAE-based Swvl, initially founded in Egypt, is studying a possible listing on the Egyptian Exchange in 2022 or 2023. Last month,... News • 15 August, 2021 Swvl Nasdaq EGX30
Egypt Zain Telecom launches venture fund, invests in Swvl and Pipe Kuwaiti mobile telecommunications company Zain has announced the establishment of Zain Ventures. The size of the fund has not been... News • 01 August, 2021 Zain Ventures Swvl Pipe
Regional Swvl eyes IPO via SPAC UAE-based mass transportation company Swvl, initially founded in Egypt, is reportedly planning to go public via a merger with a special... News • 28 July, 2021 Swvl SPAC
Saudi Arabia Swvl expands to Saudi Arabia Egypt-founded mass transportation startup Swvl, has expanded to Saudi Arabia to serve the corporate and business sector. The... News • 22 June, 2021 Swvl Saudi Arabia Egypt
Regional The future of mobility: Buses on demand This is the first part in a series of features examining the impact of Covid-19 on the region's transport and mobility startups Over... Dunya Hassanein • 09 August, 2020 mobility Swvl Buseet