Swvl to Provide Last-Mile Shuttle Services for SAB Bank Following Riyadh Metro Launch
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Swvl Holdings Corp (Nasdaq: SWVL) is partnering with Saudi Awwal Bank to provide last-mile shuttle services in Riyadh, Saudi Arabia, following the launch of the Riyadh Metro. This collaboration aims to enhance connectivity for SAB employees to the metro system.
December 23, 2024 | 1:15 pm
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Swvl Holdings Corp is collaborating with Saudi Awwal Bank to provide last-mile shuttle services in Riyadh, enhancing connectivity to the new metro system. This partnership could boost Swvl's presence and service adoption in the region.
The partnership with SAB Bank to provide shuttle services in Riyadh positions Swvl to capitalize on the new metro system, potentially increasing its market presence and service adoption. This strategic move aligns with Swvl's focus on mobility solutions, likely leading to positive investor sentiment.
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