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Stock impact report

Swvl to Provide Last-Mile Shuttle Services for SAB Bank Following Riyadh Metro Launch [Yahoo! Finance]

Swvl Holdings Corp - Ordinary Shares (SWVL) 
Company Research Source: Yahoo! Finance
DUBAI, United Arab Emirates, Dec. 23, 2024 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a leading technology provider of enterprise and government mobility solutions, is collaborating with Saudi Awwal Bank (SAB Bank) to launch its last-mile shuttle operations in Riyadh, Saudi Arabia. This initiative builds on the successful launch of the Riyadh Metro and aims to bridge first- and last-mile connectivity gaps, ensuring seamless access for SAB employees to the city's new metro system. SAB Bank, one of Saudi Arabia's leading financial institutions, is leveraging Swvl's first- and last-mile shuttle services to streamline employee commutes. Swvl provides shuttle buses that connect SAB employees to and from the nearest metro stations, ensuring a smooth and enhanced transportation experience. Powered by Swvl's proprietary technology, the first- and last-mile shuttle services are designed to address critical connectivity gaps between business hubs and m Show less Read more
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