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An update from Swvl ( (SWVL) ) is now available.
Swvl Holdings Corp, a prominent technology provider of mobility solutions, has announced a collaboration with Saudi Awwal Bank to provide last-mile shuttle services in Riyadh, Saudi Arabia. Following the launch of the Riyadh Metro, this initiative aims to enhance first- and last-mile connectivity, facilitating seamless access for SAB employees to the new metro system. The service, powered by Swvl’s proprietary technology, addresses critical connectivity gaps by integrating virtual stops that bring commuters closer to metro stations, thus promoting public transport adoption. This collaboration plays a vital role in supporting Riyadh’s urban mobility transformation, offering a reliable alternative to private vehicles and encouraging sustainable transportation solutions.
More about Swvl
Swvl is a leading provider of technology-driven mobility solutions for enterprises and governments. Its technology enhances transit system efficiency, delivering safer, more reliable, and sustainable transportation solutions.
YTD Price Performance: 284.34%
Average Trading Volume: 42,494
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $58.8M
See more insights into SWVL stock on TipRanks’ Stock Analysis page.
