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 December 2024
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 x Form 40-F ¨
CONTENTS
On December 2, 2024, Swvl Holdings Corp
(“Swvl”) issued a press release titled: “Swvl Launches its Product in the UAE, Securing Four Major Customers in its
High-Value Markets Push.” A copy of this press release is furnished herewith as Exhibit 99.1.
The first four paragraphs and the section titled
“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Exchange Commission, to be a part thereof from the date on which this Report is submitted, to the extent not superseded by documents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
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.
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SWVL HOLDINGS CORP |
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Date: December 2, 2024 |
By: |
/s/ Mostafa Kandil |
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Name: |
Mostafa Kandil |
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Title: |
Chief Executive Officer |
Exhibit 99.1
Swvl Launches
its Product in the UAE, Securing Four Major Customers in its High-Value Markets Push
DUBAI, United
Arab Emirates, December 2, 2024 (GLOBE NEWSWIRE) – Swvl Holdings Corp ("Swvl" or the "Company") (Nasdaq:
SWVL), a leading technology provider of enterprise and government mobility solutions, proudly announces the relaunch of its product in
the United Arab Emirates (UAE). This move aligns with its strategy to expand into regional and global markets. Additionally, Swvl has
secured four key customers in the UAE, marking a strong relaunch of its journey in adding value to the mobility ecosystem within the
country.
Introducing
Innovative Technology in UAE
Swvl offers a comprehensive product suite that addresses the entire transportation ecosystem—riders,
captains, transit operators, and transport managers—within one consolidated solution, streamlining enterprise transportation needs
and boosting both operational and financial efficiency.
Swvl Offers
Full Mobility Solution and SaaS-Based Mobility Service
Swvl offers transportation solutions through two models to cater to various partner needs: a full mobility service and a Software
as a Service (SaaS) platform. Our full mobility service provides a seamless, end-to-end solution, including fleet acquisition and management,
captain recruitment, Swvl’s mobility platform, and comprehensive operational support. Additionally, our SaaS platform offers a
complete technology suite designed for partners who own a fleet and want to enhance transportation efficiency and reduce costs through
process automation, operational visibility, and data-driven reporting, ensuring partners have full oversight and control over their transportation
operations.
Unlocking
Opportunities in UAE’s Smart Transit Market
The UAE’s
transit market presents significant growth opportunities for Swvl, driven by the country’s commitment to developing world-class
infrastructure and its focus on innovation and technology, which aligns perfectly with Swvl’s offerings. With the rising demand
for efficient, reliable, and sustainable transportation solutions, Swvl believes that it is well-positioned to meet these needs and deliver
innovative transportation solutions to one of the most thriving business hubs in the Middle East and the world.
"The UAE
is a key market for Swvl," said Mostafa Kandil, CEO of Swvl. "We are thrilled to relaunch our product in the UAE, a country
that has been at the forefront of innovation and growth. By leveraging Swvl’s advanced technology, we aim to enhance Dubai’s
transportation ecosystem, making it more efficient, reliable, and sustainable."
About Swvl
Swvl
is a leading provider of technology-driven mobility solutions for enterprises and governments. Swvl's technology enhances transit system
efficiency to deliver safer, more reliable, and sustainable transportation solutions.
For additional
information about Swvl, please 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 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, the expected growth as a result of this product relaunch, strengthening
its footprint in the UAE and Middle Eastern markets and solidifying its position as a leader in the mobility industry, its belief that
it is well-positioned to meet the needs and deliver innovative transportation solutions to one of the most thriving business hubs in
the Middle East and the world, and its business strategy. 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, an assurance, a prediction, or a 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. Except as otherwise required by law, Swvl undertakes no obligation to publicly release any revisions
to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated
events. 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@swvl.com
Swvl (NASDAQ:SWVLW)
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