Swvl Holdings shares are trading higher after the company announced it secured $2.6 million in new annual contracts in Saudi Arabia.
Portfolio Pulse from Benzinga Newsdesk
Swvl Holdings shares rose following the announcement of securing $2.6 million in new annual contracts in Saudi Arabia.
September 18, 2024 | 2:32 pm
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Swvl Holdings shares increased after the company announced securing $2.6 million in new annual contracts in Saudi Arabia, indicating potential revenue growth.
The announcement of new contracts worth $2.6 million in Saudi Arabia is a positive development for Swvl Holdings, suggesting increased revenue and business expansion in a key market. This news likely contributed to the rise in the company's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100