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Swvl (Nasdaq: SWVL) launches Kuwait operations with $2.2M contract

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Form Type
6-K

Rhea-AI Filing Summary

Swvl Holdings Corp has launched operations in Kuwait as part of its Gulf Cooperation Council expansion, anchored by a $2.2 million multi-year enterprise mobility contract. The company will deploy its full technology-enabled transportation platform to serve large organizations across multiple sites and shifts, aiming to enhance workforce transportation efficiency, reliability, and cost predictability.

The move extends Swvl’s regional footprint beyond existing markets such as the UK, UAE, Saudi Arabia, and Egypt, and aligns with its strategy to focus on high-margin, contract-based enterprise customers and long-term collaborations. Management highlights the Kuwait contract as evidence of growing demand from enterprises for end-to-end, data-driven transport solutions with real-time visibility and performance optimization.

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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 January 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.

Form 20-F  Form 40-F 


CONTENTS

On January 27, 2026, Swvl Holdings Corp (“Swvl” or the “Company”) issued a press release titled: “Swvl Launches Operations in Kuwait, Securing a $2.2 Million Contract as Part of Its GCC Expansion” A copy of this press release is furnished herewith as Exhibit 99.1.

This first, second, third, fifth and seventh paragraphs and the section titled “Forward Looking Statements” in the press release are incorporated by reference into the Company’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a part thereof from the date on which this Report of Foreign Private Issuer on Form 6-K is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.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 Launches Operations in Kuwait, Securing a $2.2 Million Contract as Part of Its GCC Expansion.”


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: January 27, 2026

By:

/s/ Mostafa Kandil

Name:

Mostafa Kandil

Title:

Chief Executive Officer


Exhibit 99.1

Swvl Launches Operations in Kuwait, Securing a $2.2 Million Contract as Part of Its GCC Expansion

DUBAI, United Arab Emirates, January 27, 2026 (GLOBE NEWSWIRE) --Swvl Holdings Corp (“Swvl” or the “Company”) (Nasdaq: SWVL), the leading provider of technology-enabled mass mobility solutions, today announced the launch of its operations in Kuwait, marking a key milestone in the Company’s regional expansion strategy. The launch is anchored by a $2.2 million multi-year contract, reinforcing Swvl’s growing presence across high-value Gulf Cooperation Council (GCC) markets.

The Kuwait rollout will see Swvl deploy its full stack of enterprise mobility solutions, serving large organizations with scalable, data-driven transportation across multiple sites and shifts. The initial deployment is designed to optimize workforce transportation efficiency, improve service reliability, and deliver cost predictability through technology-led operations.

Swvl’s entry into Kuwait builds on its strong momentum across the region, following successful launches and long-term collaborations in the UK, UAE, Saudi Arabia, and Egypt. The Kuwait contract reflects increasing demand from enterprises seeking end-to-end transportation solutions that combine operational excellence with real-time visibility and performance optimization.

“Kuwait represents a strategically important market for Swvl as we continue to scale our enterprise mobility platform across the GCC,” said Mostafa Kandil, CEO at Swvl. “We believe that securing a $2.2 million contract at the time of our launch in Kuwait demonstrates strong market confidence in our operating model, technology capabilities, and ability to deliver reliable, high-quality transportation at scale.”

Swvl’s expansion into Kuwait aligns with its broader strategy to focus on high-margin, contract-based enterprise customers, prioritizing long-term collaborations and predictable revenue streams. The Company continues to see strong traction from sectors such as logistics, manufacturing, retail, and large corporate campuses across the region.

“Our focus remains on building durable, high-value contracts in markets where technology-enabled mass transit can deliver immediate operational and financial impact,” added Ahmed Misbah, CFO at Swvl. “Kuwait is a natural extension of that strategy.”

With this launch, Swvl further strengthens its position as a leading mass mobility platform in the Middle East, supporting governments and enterprises in building smarter, more efficient transportation ecosystems.

About Swvl

Swvl is a technology-driven mobility company providing scalable transportation solutions for enterprises and communities. Through its proprietary platform, Swvl delivers optimized routing, real-time visibility, and operational efficiency across large-scale transportation networks.

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 future events and other statements that are not historical facts. For example, Swvl is using forward-looking statements when it discusses


the benefits of its services and products, that the Kuwait contract reflects increasing demand from enterprises seeking end-to-end transportation solutions that combine operational excellence with real-time visibility and performance optimization, the belief that the contract demonstrates strong market confidence in its operating model, technology capabilities, and ability to deliver reliable, high-quality transportation at scale and that the expansion in Kuwait aligns with its broader strategy to focus on high-margin, contract-based enterprise customers, prioritizing long-term collaborations and predictable revenue streams. 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. 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, 2023, 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: Investor.relations@swvl.com


FAQ

What did Swvl (SWVL) announce in its latest 6-K filing?

Swvl announced the launch of its operations in Kuwait, supported by a $2.2 million multi-year contract, as part of its broader expansion strategy across Gulf Cooperation Council markets.

How large is the new contract Swvl (SWVL) secured in Kuwait?

The Kuwait expansion is anchored by a $2.2 million multi-year contract, which will support Swvl’s deployment of its enterprise mobility solutions for large organizations in the country.

What type of services will Swvl (SWVL) provide in Kuwait?

Swvl will deploy its full stack of enterprise mobility solutions, offering scalable, technology-led transportation designed to improve workforce transport efficiency, service reliability, and cost predictability for large organizations.

How does the Kuwait launch fit into Swvl’s (SWVL) overall strategy?

The Kuwait launch aligns with Swvl’s strategy to focus on high-margin, contract-based enterprise customers, emphasizing long-term collaborations and predictable revenue streams in high-value GCC markets.

Which markets does Swvl (SWVL) already operate in besides Kuwait?

Swvl’s entry into Kuwait builds on its presence and collaborations in the UK, UAE, Saudi Arabia, and Egypt, reinforcing its position as a regional mass mobility platform.

What sectors is Swvl (SWVL) targeting with its GCC enterprise mobility platform?

Swvl reports strong traction from sectors such as logistics, manufacturing, retail, and large corporate campuses, which seek data-driven, end-to-end transportation solutions.

SWVL HOLDINGS CORP

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