STARTUP WATCH- Swvl is moving its headquarters out of Egypt: Mass transport app Swvl will move its headquarters from Egypt to Dubai by November this year, co-founder and CEO Mostafa Kandil told Menabytes. The company, recently valued at USD 157 mn, is said to already have a team in place in Dubai, and has listed a vacancy for the role of global market launcher on its website. Cairo will remain a hub for the company’s operations and engineering, Kandil said, without explaining the reasoning behind the move.

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