Swvl (NASDAQ: SWVL) wins Bank Albilad shuttle contract in Saudi Arabia

Rhea-AI Filing Summary

Swvl Holdings Corp has signed a new contract with Bank Albilad, expanding its technology-enabled shuttle services into Saudi Arabia’s banking sector, one of its key growth markets. Swvl will deploy its platform across the bank’s network to support dynamic route planning, real-time dispatching, and operational optimization.

The deployment is designed to improve workforce mobility, service reliability, and cost predictability for Bank Albilad. Swvl describes financial services as a key focus across Gulf Cooperation Council markets and highlights this agreement as part of a strategy to secure long-term, high-quality enterprise contracts that generate predictable, recurring revenue.

The announcement builds on earlier multi-year enterprise wins in the region, including contracts of up to $2.2 million in Kuwait, up to $5.5 million in the United Arab Emirates, and up to $1.5 million in Saudi Arabia’s healthcare sector, underscoring Swvl’s emphasis on high-value GCC markets.

Key Figures

Kuwait enterprise contract: up to $2.2 million UAE enterprise contract: up to $5.5 million Saudi healthcare contract: up to $1.5 million

3 metrics

Kuwait enterprise contract up to $2.2 million Previously announced multi-year contract in Kuwait

UAE enterprise contract up to $5.5 million Previously announced multi-year contract in the United Arab Emirates

Saudi healthcare contract up to $1.5 million Previously announced healthcare contract in Saudi Arabia

Key Terms

technology-enabled mass mobility solutions, forward-looking statements, Registration Statement on Form F-3, Form S-8, +1 more

5 terms

technology-enabled mass mobility solutions financial

"Swvl Holdings Corp … a leading provider of technology-enabled mass mobility solutions"

forward-looking statements regulatory

"This press release contains “forward-looking statements” relating to future events"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

Registration Statement on Form F-3 regulatory

"incorporated by reference into Swvl’s Registration Statement on Form F-3"

A registration statement on Form F-3 is a streamlined filing used by eligible foreign companies to register securities for sale in the U.S., often as a “shelf” that lets them offer shares quickly when market conditions are right. For investors it matters because it signals that the company can raise capital on short notice—potentially increasing liquidity but also the risk of share dilution if new stock is issued—similar to a company keeping a pre-approved credit line ready to use.

Form S-8 regulatory

"incorporated by reference into Swvl’s Registration Statement on Form F-3 … and Form S-8"

A Form S-8 is a U.S. Securities and Exchange Commission registration that lets a public company set aside shares for employee benefit plans and stock-based compensation. Think of it as opening a dedicated account that authorizes the company to issue or reserve stock for workers and directors; it matters to investors because it enables share dilution when those awards are granted or exercised and signals how management is compensated and incentivized.

enterprise-grade, technology-enabled mobility solutions financial

"reinforcing its position as a provider of enterprise-grade, technology-enabled mobility solutions"

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FAQ

What did Swvl (SWVL) announce regarding Bank Albilad in Saudi Arabia?

Swvl announced a new contract with Bank Albilad to provide technology-enabled shuttle services across the bank’s network. The deployment uses Swvl’s platform for dynamic route planning, real-time dispatching, and operational optimization in Saudi Arabia’s banking and financial services sector.

Why is the Bank Albilad contract important for Swvl (SWVL)?

The Bank Albilad contract deepens Swvl’s presence in Saudi Arabia, which it calls a highly strategic growth market. It also supports Swvl’s strategy to expand into high-value enterprise verticals, particularly financial services across Gulf Cooperation Council markets, using long-term, recurring-revenue contracts.

How does this deal fit Swvl’s (SWVL) wider GCC expansion strategy?

Swvl links the Bank Albilad agreement to a broader GCC expansion strategy focused on enterprise customers. It follows previously announced multi-year contracts in Kuwait, the UAE, and Saudi healthcare, reinforcing demand for technology-enabled, large-scale transportation solutions in high-value Gulf markets.

What previous GCC contracts does Swvl (SWVL) highlight in this update?

Swvl highlights multi-year enterprise contracts in Kuwait of up to $2.2 million, in the United Arab Emirates of up to $5.5 million, and a healthcare contract in Saudi Arabia of up to $1.5 million. These examples illustrate growing regional enterprise adoption of its mobility solutions.

Which sectors and regions does Swvl (SWVL) currently serve?

Swvl reports serving corporate clients, government institutions, schools, and healthcare providers. Its geographic footprint spans Egypt, Saudi Arabia, the United Arab Emirates, Kuwait, and the United Kingdom, reflecting a focus on enterprise and institutional transportation needs across several key markets.

What is Swvl’s (SWVL) business model focus according to this report?

Swvl emphasizes securing long-term, high-quality enterprise contracts that generate predictable, recurring revenue. It aims to address complex, multi-site workforce transportation needs with a technology-driven platform using real-time data, adaptive networks, and advanced tools to support reliable, scalable mobility solutions.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of July 2026

Commission File Number: 001-41339

Swvl Holdings Corp

The Offices 4, One Central

Dubai World Trade Centre

Dubai, United Arab Emirates

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

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Form 20-F ☒ Form 40-F ☐

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CONTENTS

On July 7, 2026, Swvl Holdings Corp (“Swvl”) issued a press release titled: “Swvl Expands its Service into Saudi Arabia's Banking Sector with Bank Albilad, Bringing Technology-Driven Shuttle Services that Redefine Workforce Mobility.” A copy of this press release is furnished herewith as Exhibit 99.1.

The first, second, third, fifth and sevenths paragraphs, and the section titles “Forward-Looking Statements” in the press release are incorporated by reference into Swvl’s Registration Statement on Form F-3 (Registration No. 333-279918) and Form S-8 (Registration No. 333-265464) filed with the Securities and Exchange Commission, to be a part thereof from the date on which this Report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.

EXHIBIT INDEX

Exhibit	​ ​	Description of Exhibit
99.1	​	Press release titled: “Swvl Expands its Service into Saudi Arabia's Banking Sector with Bank Albilad, Bringing Technology-Driven Shuttle Services that Redefine Workforce Mobility.”

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

​	SWVL HOLDINGS CORP
​	​	​
Date: July 7, 2026	By:	/s/ Mostafa Kandil
​	Name:	Mostafa Kandil
​	Title:	Chief Executive Officer

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Exhibit 99.1

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Swvl Expands its Service into Saudi Arabia’s Banking Sector with Bank Albilad, Bringing Technology-Driven Shuttle Services that Redefine Workforce Mobility

DUBAI, United Arab Emirates, July 7, 2026 (GLOBE NEWSWIRE) -- Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), a leading provider of technology-enabled mass mobility solutions, today announced the signing of a new contract with Bank Albilad, one of the Kingdom of Saudi Arabia’s (“KSA”) leading banks. Swvl’s service expansion into the banking and financial services sector in the KSA deepens the Company’s presence in one of its most strategic growth markets.

Pursuant to the agreement between the Company and Bank Albilad (the “Agreement”), Swvl will provide technology-enabled shuttle services across Bank Albilad’s network, leveraging Swvl’s platform to enable dynamic route planning, real-time dispatching, and operational optimization. The deployment is designed to improve workforce mobility, enhance service reliability, and deliver cost predictability through technology-led operations.

The Agreement reinforces Swvl’s strategy of expanding into high-value enterprise verticals, where scale, reliability, and operational control are essential. Financial services have emerged as a key focus area for the Company across the Gulf Cooperation Council (“GCC”), driven by growing demand from large institutions seeking scalable, data-driven shuttle services for their workforce.

“KSA remains to be a highly strategic growth market for Swvl and we view the expansion into the banking sector as reflective of the breadth of demand for technology-enabled mobility across essential industries,” said Mostafa Kandil, Chief Executive Officer at Swvl. “We believe that partnering with an institution of the caliber of Bank Albilad underscores the confidence that leading enterprises place in Swvl’s ability to deliver reliable, efficient, and technology-led transportation at scale.”

The announcement follows a series of previously announced multi-year enterprise contract wins by Swvl across the GCC, including a contract in Kuwait of up to $2.2 million, a contract in the United Arab Emirates of up to $5.5 million, and a healthcare contract in Saudi Arabia of up to $1.5 million. Collectively, these deployments reinforce Swvl’s regional expansion strategy and reflect sustained enterprise demand for technology-enabled, large-scale transportation solutions across high-value GCC markets.

“We believe that our entry into the banking sector further demonstrates the versatility and scalability of Swvl’s platform across high-value verticals,” added Ahmed Misbah, Chief Financial Officer at Swvl. “Our focus remains on securing long-term, high-quality contracts that generate predictable, recurring revenue while addressing critical operational needs for leading enterprises in the region.”

With this milestone, Swvl aims to continue advancing its regional expansion strategy, deepening its presence in Saudi Arabia and reinforcing its position as a provider of enterprise-grade, technology-enabled mobility solutions across high-growth GCC markets.

About Swvl

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Swvl Holdings Corp (NASDAQ: SWVL) is a leading provider of technology-driven mobility solutions for enterprises and governments. Its platform leverages real-time data, adaptive networks, and advanced technology to deliver safer, more reliable, and sustainable transportation solutions. Swvl serves corporate clients, government institutions, schools, and healthcare providers across Egypt, the Kingdom of Saudi Arabia, the UAE, Kuwait, and the United Kingdom. For more information, visit www.swvl.com.

Forward-Looking Statements

This press release contains “forward-looking statements” relating to future events. Forward-looking statements generally are accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding Swvl’s expansion into the banking and financial services sector in Saudi Arabia and the GCC; redefining and improving workforce mobility; Swvl’s ability to perform its obligations under the Agreement and provide technology-enables shuttle services across Bank Albilad’s network; the benefits of its mobility solutions and platform; its ability to enhance service reliability and deliver cost predictability through technology-led operations; its belief that the deployment will leverage its technology and operations stack; its focus on financial services; its ability to address complex, multi-site workforce transportation needs; the growth in the KSA market and continued demand for technology-enabled mobility across essential industries; its belief that leading enterprises place confidence in Swvl’s abilities and transportation; its expansion strategy and sustained enterprise demand for technology-enabled, large-scale transportation solutions across high-value GCC markets; the versatility and scalability of Swvl’s platform across high-value verticals; its ability to secure long-term, high-quality contracts that generate predictable, recurring revenue while addressing critical operational needs for leading enterprises in the region; its reinforcement of its position as a provider of enterprise-grade, technology-enabled mobility solutions across high-growth GCC markets; and its expectations regarding long-term demand for technology-enabled mass mobility solutions.

These statements are based on the current expectations of Swvl’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on, by any investor as a guarantee, assurance, prediction, or definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Swvl. These statements are subject to a number of risks and uncertainties regarding Swvl’s business, and actual results may differ materially.

In addition, forward-looking statements provide Swvl’s expectations, plans, or forecasts of future events and views as of the date of this communication. Swvl anticipates that subsequent events and developments could cause Swvl’s assessments and projections to change. However, while Swvl may elect to update these forward-looking statements in the future, Swvl specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Swvl’s assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon any forward-looking statements.

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More detailed information about the risks and uncertainties affecting the Company is contained under the heading “Risk Factors” in the Company’s annual report on Form 20-F for the fiscal year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission (the “SEC”), which is available on the SEC’s website, www.sec.gov, and in subsequent SEC filings.

Contact

Investor relations: ir@swvl.com

Ahmed Misbah, CFO of Swvl: ahmed.misbah@swvl.com

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EX-99.1 12.8 KB